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India Vows to Protect National Interests Despite Trump’s Tariff Threats | WSJ News
WSJ News· 2025-07-31 19:14
The government attaches the utmost importance to protecting and promoting the welfare of our farmers, workers, entrepreneurs, exporters, MSMES and all sections of industry. We will take all necessary steps to secure and advance our national interest. >> Do you expect something to happen before the deadline.>> Well, I don't I don't know what's going to happen. You know, it'll be up to India. India came to the table early.They've been slow rolling things. So I think that the president the whole trade team's a ...
X @Bloomberg
Bloomberg· 2025-07-31 18:31
President Donald Trump will sign an executive order on Thursday imposing new tariff rates on trading partners that take effect Friday, the White House said https://t.co/ryq4samCQ5 ...
#Trump wants #India to open its markets, but Modi isn't budging #trump #politics
Bloomberg Television· 2025-07-31 16:41
As you know, Prime Minister Modi is a friend of mine, but uh they don't do very much business in terms of business with us. They sell a lot to us, but we don't buy from them. You know why.Because the tariff is so high. They have one of the highest tariffs in the world. >> You heard him.President Trump wants India to lower its tariffs and open up its markets. Prime Minister Modi refuses to budge on sensitive sectors like agriculture. The deadline is here and there's no deal yet.So, what's Trump done. He's hi ...
Why Trump Hit India With 25% Tariff: US Ex-Official
Bloomberg Television· 2025-07-31 16:34
Nisha, let's get you into the conversation when it comes to South Asia. The countries have been hit hard. We've seen tariffs ranging from 20 to 46%.I mean, you can say that the U.S., Trump in particular, has played hardball. Yes, indeed. And I think, you know, what has been surprising is that with India, the negotiations had been going quite well.And we were hearing as as early as just a couple of weeks ago from senior levels of the Trump administration, that they felt confident that they had unprecedented ...
You can bet on the words that will be said on Apple's earnings call like 'Tariff' and 'Severance'
CNBC· 2025-07-31 16:33
Core Viewpoint - Apple is facing pressure to increase domestic manufacturing in response to potential tariffs, with significant implications for its production strategy and pricing [2][4]. Group 1: Earnings Call Expectations - Wall Street is anticipating Apple's third-quarter results, with users on prediction platform Kalshi betting on discussions regarding "China" and "Tariff" during the earnings call [2][6]. - The mention of "Severance," a popular series on Apple TV+, is also expected to be a topic of discussion, especially following its renewed third season [6][7]. Group 2: Manufacturing and Tariff Implications - Apple plans to open a manufacturing academy in Detroit to support small and medium-sized businesses, indicating a shift towards domestic manufacturing [3]. - Analysts predict that U.S.-made iPhones could significantly increase costs, estimating prices between $1,500 and $3,500, which may affect demand [4][5]. - The majority of iPhones sold in the U.S. are expected to originate from India, while other products like iPads and Macs are anticipated to ship from Vietnam [6]. Group 3: Market Challenges - Analysts express concerns that iPhones may struggle in the current macroeconomic environment, compounded by a lack of new product traction and market share losses in China [5].
X @BBC News (World)
BBC News (World)· 2025-07-31 16:19
EU-US tariff deal not finished yet, say Europeans unhappy with Trump's terms https://t.co/bPY8AUNDR2 ...
X @Bloomberg
Bloomberg· 2025-07-31 15:22
The US will impose a 50% tariff on imports of semi-finished copper products from Aug. 1, but President Donald Trump surprised the market by sparing refined metal from the steep duties. Here's what to know. https://t.co/BnnTg0Vor4 ...
X @Bloomberg
Bloomberg· 2025-07-31 15:20
US President Donald Trump’s 50% tariff on goods from commodities powerhouse Brazil is upending crop markets, sending orange juice prices tumbling and coffee rising https://t.co/wl2c0Iq3IA ...
Stay With AI Theme to Counter Volatility, Says Evercore’s Emanuel
Bloomberg Television· 2025-07-31 14:29
If we're headed into a period of dislocation, more volatility, should you do anything about it. If there are other factors in the economy and earnings that can just turn around and lift things right back up. Well, and it's it's funny because investors tend to believe that when the markets are trading as well as they are, that it's an easy time to invest.In A lot of ways, it's much more difficult because valuations are high, volatility is low, and we know that's not sustainable, particularly coming into Augu ...
LIVE: U.S. Court of Appeals holds oral arguments in VOS Selections Inc v. Trump — 7/31/25
CNBC Television· 2025-07-31 14:08
The U.S. Court of Appeals for the Federal Circuit on Thursday hears arguments on whether or not to kneecap President Donald Trump’s global tariff regime. Trump has held up the case as a life-or-death moment for his trade agenda. “To all of my great lawyers who have fought so hard to save our Country, good luck in America’s big case today,” Trump wrote on Truth Social on Thursday morning. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: ht ...