Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Opportunity in crisis
Financial Express Chennai
|August 08, 2025
Trump's tariff shocker should prompt India to push ahead on big-ticket reforms
-
Here is a massive churn underway in the global economic environment as the rules-based trading order is being upended by the US President Donald Trump's tariff disruption. Coercive diplomacy is in play against all countries, including India, which has just been slapped with additional duties of 25%—besides the 25% on India's goods to the US—for importing Russian oil as sanctions on Moscow are imminent for its continued war with Ukraine.
The big question is whether India should yield to Trump's bullying or face the consequences being tariffed at 50%. India has rightly responded that the additional levy of 25% is "unfair, unjustified, and unreasonable" and that it would take all actions necessary to protect its national interests.
This story is from the August 08, 2025 edition of Financial Express Chennai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Chennai
Financial Express Chennai
Force Motors posts 51% rise in FY26 net profit
FORCE MOTORS REPORTED a 13% year-on-year increase in standalone revenue to 9,167 crore in FY26, while profit before tax rose 55% to ₹1,304 crore and net profit grew 51% to ₹1,211 crore, marking its strongest full-year performance to date.
1 min
April 30, 2026
Financial Express Chennai
‘NCDEX sets sights on equities, MFs and global exchange’
With a deep rural distribution network and nearly ₹800 crore of fresh capital, the newest stock exchange, NCDEX, is gearing up to enter equities, mutual funds and niche non-agri products, while strengthening its core commodities franchise.
3 mins
April 30, 2026
Financial Express Chennai
Federal Bank profit rises 22%
FEDERAL BANK ON Wednesday reported a 22.2% rise in its net profit to 1,259 crore for the quarter ended March, driven by rising net interest income and an improvement in the asset quality.
1 min
April 30, 2026
Financial Express Chennai
Aviation losses to persist, says Icra
INDIA'S AVIATION INDUSTRY is set to remain in the red in FY27, with both operational and net losses expected to stay elevated despite a modest recovery in passenger traffic, an Icra report said.
1 min
April 30, 2026
Financial Express Chennai
Supply shock may hit FY27 growth: FinMin
A SUPPLY SHOCK accompanied by demand compression amid high prices and slowing activity may weigh on India's FY27 economic growth, Finance Ministry economists said on Wednesday, underlining the severe impact of the West Asia conflict.
2 mins
April 30, 2026
Financial Express Chennai
Adani Power profit soars 52%
ADANI POWER REPORTED a 52% year-on-year jump in profit to 4,017 crore during the quarter ended March 31, surpassing analyst estimates of ₹3,063 crore.
1 min
April 30, 2026
Financial Express Chennai
Govt working on Jan Vishwas 3.0: Goyal
• New Bill to focus on reducing compliances
1 mins
April 30, 2026
Financial Express Chennai
Iran’s rial hits record low amid shaky ceasefire
IRAN'S NATIONAL RIAL currency hit a record low Wednesday of 1.8 million to $1 as a shaky ceasefire with the US and Israel still holds.
1 min
April 30, 2026
Financial Express Chennai
BJP has edge in Bengal, Assam; UDF in Kerala; Stalin return projected
MOST EXIT POLLS on Wednesday predicted a tight contest in West Bengal with the BJP having an edge, and the party's return to power in Assam.
2 mins
April 30, 2026
Financial Express Chennai
What UAE's exit from Opec means for India's fuel equation
The UAE's decision to leave Opec and Opec+ from May 1 could change how crude is priced, supplied and negotiated, especially for import-dependent economies like India. But the impact will not be simple: cheaper oil is possible later, while short-term volatility remains a real risk, explains Saurav Anand
1 mins
April 30, 2026
Listen
Translate
Change font size