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Trump's latest tariff twist: 15-50% straight, simple levy
Business Standard
|July 25, 2025
US President Donald Trump suggested that he would not go below 15 percent as he sets so-called reciprocal tariff rates ahead of an Aug. 1 deadline, an indication that the floor for the increased levies was rising.
"We'll have a straight, simple tariff of anywhere between 15 percent and 50 percent," Trump said Wednesday at an AI summit in Washington. "We have 50 percent because we haven't been getting along with those countries too well." Trump's comment declaring that the tariffs would begin at 15 percent represented the latest twist in his effort to impose duties on nearly every US trading partner, and the latest indication that Trump was looking to more aggressively impose the levies on exp
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Business Standard
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Business Standard
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Business Standard
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1 mins
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Business Standard
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Business Standard
Apple revenue tops $100 bn for first time
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1 mins
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Business Standard
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3 mins
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Business Standard
Al-related stocks have more room to grow'
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1 mins
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Business Standard
'Al unlikely to replace humans in fin services'
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4 mins
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Business Standard
Vedanta net profit plunges 59% on exceptional losses
Mining major Vedanta’s consolidated net profit plunged 58.69 per cent year-on-year (Y-0-Y) to %1,798 crore inthe second quarter of 2025-26 (Q2FY26), dragged down by exceptional losses booked during the period under review. The company had reported anet exceptional gain of $1,160 crore in Q2FY25.
2 mins
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Business Standard
Sebi chief stresses responsible tech use, stronger market resilience
The Securities and Exchange Board of India (Sebi) is promoting the responsible use of emerging technologies, such as artificial intelligence in financial markets, strengthening cybersecurity, and preparing entities for change, said Chairman Tuhin Kanta Pandey on Friday.
1 mins
November 01, 2025
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