US tariffs | DD News

June 3, 2026 2:38 PM

India engages US on proposed tariffs, continues talks on trade framework agreement

India is actively engaging with the United States over proposed tariffs under Section 301 of the US Trade Act of 1974, while simultaneously continuing discussions aimed at finalising a bilateral trade framework agreement, the government said on Wednesday. According to the Ministry of Commerce and Industry, the Office of the United States Trade Representative (USTR) has concluded investigations involving 60 economies, including India, concerning measures adopted by these countries to regulate or...

May 13, 2026 9:27 AM

US has finalized tariff refunds of $35.5 billion as of May 11

The U.S. customs agency has processed refunds including interest worth $35.46 billion as of May 11 for tariffs imposed by President Donald Trump last year that were deemed illegal, according to a Tuesday court filing. As of 7 a.m. ET on May 11, the U.S. Customs and Border Protection had received 126,237 applications for refunds covering an undisclosed number of shipments or entries, according to the court filing. The agency said it had validated 86,874 of those applications covering 15.1 milli...

May 13, 2026 9:25 AM

US appeals court pauses ruling against Trump’s 10% global tariff

A U.S. appeals court on Tuesday temporarily paused a lower court ruling against the Trump administration's 10% global tariff under Section 122 of the Trade Act, keeping the tariffs in place for three importers that had won a reprieve from the duties last week. * The U.S. trade court ruled against the new tariffs on Friday, but did not widely block their collection * The Trump administration appealed * While the ruling is paused, tariffs resume for the two businesses and Washington state, whic...

February 24, 2026 3:00 PM

New US tariffs come in at lower 10% rate

The United States imposed an additional tariff from Tuesday of 10% on all goods not covered by exemptions, a notice issued by U.S. Customs and Border Protection said, the rate initially announced by President Donald Trump on Friday rather than the 15% he promised a day later. Reacting to the Supreme Court ruling that threw out his tariffs that had been justified on grounds of an emergency, Trump initially announced a new temporary global tariff of 10%. He said on Saturday he would increaseit to...

February 7, 2026 9:20 AM

India, US agree on interim trade framework; PM Modi calls it ‘great news’

Prime Minister Narendra Modi on Saturday welcomed the India–US interim trade framework, calling it “great news” for both countries, as the agreement is set to reduce US tariffs on Indian goods to 18 per cent. In a post on X, the Prime Minister said India and the United States had agreed on a framework for an interim trade agreement and thanked Donald Trump for his personal commitment to strengthening bilateral ties. The Prime Minister said the framework reflects the growing depth, trust ...

January 29, 2026 12:15 PM

FM Sitharaman tables Economic Survey 2026 in Parliament

Finance Minister Nirmala Sitharaman on Thursday tabled the Economic Survey 2026 in Parliament, which will set the official tone on how the economy of the country is performing on a strong note despite global uncertainties and US tariffs. The Economic Survey will reveal India’s projected GDP growth estimates for the current fiscal (FY26) as well as the upcoming financial year (FY27). The key pre-budget document summarises the annual economic development of India and charts out short and medium...

January 18, 2026 9:48 AM

Trump vows tariffs on eight European nations over Greenland

President Donald Trump on Saturday vowed to implement a wave of increasing tariffs on European allies until the United States is allowed to buy Greenland, escalating a row over the future of Denmark's vast Arctic island. In a post on Truth Social, Trump said additional 10% import tariffs would take effect on February 1 on goods from Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland and Great Britain - all already subject to tariffs imposed by Trump. Those tariffs would increas...

November 15, 2025 1:58 PM

Trump drops tariffs on food imports; India’s mango and tea exports may benefit

US President Donald Trump has cut tariffs on food imports as “affordability” emerges as a potential political factor, and India’s mango, pomegranate, and tea exports may benefit. Tropical fruits and juices, tea, and spices are among the imports that will not be affected by reciprocal tariffs, the White House announced on Friday. Other items mentioned in the White House factsheet include coffee and tea, cocoa, oranges, tomatoes, and beef. Trump had previously imposed 25 per cent reciproca...

November 11, 2025 10:22 AM

Trump says US faces ‘economic disaster’ if Supreme Court rules against tariffs

U.S. President Donald Trump said on Monday the United States faced an economic and national security disaster if the Supreme Court ruled against his use of an emergency powers law to impose sweeping tariffs against nearly every country. Trump said his administration planned to issue a $2,000 payment to lower- and middle-income Americans using the tariff dividends, while using the remaining proceeds to lower U.S. debt. Trump, who has previously floated the idea of using tariff revenues to pay w...

November 2, 2025 3:06 PM

What did Trump, Xi agree to on tariffs, export controls and fentanyl

The White House on Saturday released details about the agreement that U.S. President Donald Trump reached this week with Chinese President Xi Jinping to de-escalate their countries’ trade war, including U.S. tariff reductions and a pause in Beijing's new restrictions on rare earth minerals and magnets. The deal, which also includes resumption of Chinese purchases of American soybeans, averts Trump's threatened 100% tariff on Chinese goods and extends a delicate trade truce between the world's...