Donald Trump - Page 58

An Indian young woman is counting 500 rupee notes in both hands at home. (Photo: Getty)

Rupee rises 5 paise to 87.67 against US dollar in early trade

Mumbai, Aug 7 (PTI) The rupee traded in a narrow range and appreciated 5 paise to 87.67 against the US dollar in early trade on Thursday, after US President Donald Trump slapped an additional 25 per cent duty — doubling it to 50 per cent — on Indian goods over New Delhi’s continued imports of

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A customer looks at a gold necklace at the Umedmal Tilokchand (U.T) Zaveri jewelry store at Zaveri Bazaar in Mumbai, India. (Photo: PTI)

Gold gains as Trump doubles India tariffs, boosting safe-haven demand

Aug 7 (Reuters) – Gold rose on Thursday, supported by renewed safe-haven demand after U.S. President Donald Trump slapped an additional 25% tariff on Indian imports, escalating trade frictions. Spot gold was up 0.4% at $3,380.76 per ounce as of 0247 GMT. U.S. gold futures gained 0.3% to $3,443.30. “Trump has been dishing up fresh

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US President Donald Trump makes an announcement about Apple in the Oval Office, Wednesday, Aug. 6, 2025, in Washington. (Photo: AP)

Trump plans 100% tariff on computer chips, unless companies build in US

WASHINGTON, August 7, 2025 (AP) — President Donald Trump said Wednesday that he will impose a 100% tariff on computer chips, raising the specter of higher prices for electronics, autos, household appliances and other essential products dependent on the processors powering the digital age. “We’ll be putting a tariff of approximately 100% on chips and

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U.S. President Donald Trump and India's Prime Minister Narendra Modi talk as they arrive for a joint news conference after bilateral talks at Hyderabad House in New Delhi, India, February 25, 2020. (Photo: Reuters)

Trump to put additional 25% import taxes on India, bringing combined tariffs to 50%

WASHINGTON, August 7, 2025 (AP) — President Donald Trump signed an executive order Wednesday to place an additional 25% tariff on India for its purchases of Russian oil, bringing the combined tariffs imposed by the United States on its ally to 50%. The tariffs would go into effect 21 days after the signing of the

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