US tariffs | DD News

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...

October 28, 2025 9:22 AM

China and ASEAN, hit by US tariffs, sign upgraded free trade pact

The ASEAN bloc of Southeast Asian nations and China on Tuesday signed an upgrade to their free trade agreement, which includes sections on digital, the green economy and other new industries, Beijing's Commerce Ministry said. The 11-member Association of Southeast Asian Nations is China's largest trading partner, with bilateral trade totalling $771 billion last year, according to ASEAN statistics. China is seeking to intensify its engagement with ASEAN, a region with a collective gross domesti...

October 17, 2025 11:08 PM

Trump says 100% tariffs on China not sustainable, still plans to meet Xi Jinping

U.S. President Donald Trump said his proposed 100% tariff on goods from China would not be sustainable, but blamed Beijing for the latest impasse in trade talks that began with Chinese authorities tightening control over rare earth exports. Asked whether such a high tariff was sustainable and what that might do to the economy, Trump replied, "It's not sustainable, but that's what the number is." "They forced me to do that," he said in an interview with Fox Business Network that was broadcast o...

September 12, 2025 2:32 PM

‘No spillover effect from trade tension’: Defence Secretary on US tariffs

Defence Secretary Rajesh Kumar Singh on Friday said there has been “no spillover effect” from the ongoing trade tensions between India and the United States, emphasising that defence collaboration between the two countries has continued unhindered despite the imposition of 50 per cent tariffs. “On defence, there is no spillover effect from the trade tension that you mentioned. I think those trade tensions are also easing now, and we have resumed our negotiations with them. Hopefully, it w...