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Dealing with a maverick

Financial Express Kochi

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February 04, 2025

As Trump is bent on a tariff war, India's strategy must include a mix of striking back & coalition building

AFTER IMPOSING BLANKET tariffs on Canada, Mexico, and China, US President Donald Trump has turned the heat on the European Union (EU). Trump's statement that he will "absolutely" impose tariffs on the 27-country customs-and-monetary bloc elicited a quick response, with Brussels vowing to strike back firmly if targeted. Canada and Mexico, the top two trading partners of the US, too had signaled retaliation, while China has so far maintained an eloquent silence. Trump has by now made it clear that the executive order called "America First Trade Policy" that his administration issued immediately after assuming office is indeed meant to be followed through in letter and spirit. Having either acted upon or pledged to move against the US's top four trade partners already, he is very likely to move further. India has a consistent trade surplus with the US, which Trump abhors, and in his eye, the country is a "tariff abuser" and "currency manipulator". What needs to be watched now is whether his imminent action against New Delhi on the trade front will be restricted to spec

MÁS HISTORIAS DE Financial Express Kochi

Financial Express Kochi

Auto gears sector posts 6.8% growth in H1FY26

THE DOMESTIC AUTO component industry grew 6.8% year-on-year to $41.2 billion during the April-September period of FY26, according to industry body Automotive Component Manufacturers Association of India (ACMA).

time to read

1 mins

January 15, 2026

Financial Express Kochi

BofA tops estimates as lending revenue rises, trading beats

BANK OF AMERICA Corp.’s equity traders posted their best fourth quarter ever as the company reaped the benefits of volatile markets and net interest income topped analysts’ estimates.

time to read

1 mins

January 15, 2026

Financial Express Kochi

Groww’s Q3 profit falls 28% to ₹547 cr

Total income increases 26%

time to read

1 min

January 15, 2026

Financial Express Kochi

Looking forward to working closely with India: US envoy

US AMBASSADOR TO India Sergio Gor on Wednesday said he was looking forward to working closely with New Delhi to advance shared priorities in areas of defence, trade, technology and critical minerals and to strengthen the overall partnership, as he presented his credentials to President Droupadi Murmu.

time to read

1 min

January 15, 2026

Financial Express Kochi

Polymatech eyes ₹10,000-cr IPO to push expansion plans

POLYMATECH ELECTRONICS

time to read

1 min

January 15, 2026

Financial Express Kochi

New office, old press: Printing of Budget stays in North Block

WITH JUST a fortnight left for the Budget presentation, it’s not just the fiscal math the finance ministry officials are busy with, but also finalising the location for printing the Budget copies.

time to read

1 min

January 15, 2026

Financial Express Kochi

Composite salary account for central govt staff unveiled

THE DEPARTMENT OF Financial Services (DFS) on Wednesday launched a unified “Composite Salary Account Package for Central government employees in partnership with Public Sector Banks (PSBs), offering a single-window financial solution that integrates banking, insurance and card benefits.

time to read

1 min

January 15, 2026

Financial Express Kochi

HDFC AMC Q3 profit grows 20% to ₹770 crore

Revenues for the nine-month period rose 18% to ₹3,068 cr from ₹2,597 cr

time to read

1 min

January 15, 2026

Financial Express Kochi

Q-commerce: 10-minute tag goes, sprint remains

THE MOVE HAS also raised questions around existing merchandise.

time to read

1 min

January 15, 2026

Financial Express Kochi

Kashi-Tamil Sangamam and a tribute to Ek Bharat, Shreshtha Bharat

A FEW DAYS ago, I was at the sacred land of Somnath to be part of the Somnath Swabhiman Parv, marking a thousand years since the first attack on Somnath, which took place in 1026.

time to read

4 mins

January 15, 2026

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