Trump Tariff News LIVE: US President Donald Trump announced a 26% “discounted reciprocal tariff” on Indian imports, citing India’s high duties on US goods. He noted that India imposes a 56% tariff on American products, prompting the US to counter with a 26% levy.
A nearly two-decade old legislation allowed micro and small enterprises access to certain benefits, but left out businesses categorised as medium-sized enterprises. Under India’s newly unveiled definitions for MSMEs, more businesses will have access to these benefits.
Trump announced a baseline 10% tariff on imports with far higher levies on some trading partners, particularly in Asia. Besides China’s 34% tax, Japan got a 24% tariff, Vietnam 46% and South Korea 25%. The European Union was hit with a 20% levy.
The government, in a written reply to the Parliament, has said that the outstanding value as on March 20, 2025 on issue price is ₹67,322 crore for 130 tonnes of gold.
The new 4o Image Generation feature by OpenAI’s ChatGPT allows users to convert real-life images into various artistic styles. Users can experiment with prompts to create unique visuals, and the model’s capability to add text makes it ideal for posters.
UK News In a shake-up of long-standing travel rules, European nationals heading to the UK will from Wednesday need a mandatory entry permit, which the British government says will strengthen border security. The Electronic Travel Authorisation (ETA) can be bought online in the next few days for £10 (12 euros), but the price is rising swiftly from April 9 to £16.
2 Apr 2025A nearly two-decade old legislation allowed micro and small enterprises access to certain benefits, but left out businesses categorised as medium-sized enterprises. Under India’s newly unveiled definitions for MSMEs, more businesses will have access to these benefits.
Trump’s trade war has subjected India to a 26% tariff on exports to the US, prompting concerns over trade relations between India and its largest export destination. Ongoing negotiations for an India-US bilateral trade agreement have now become more crucial for mitigating the impact of the tariffs.
The Lok Sabha passed the Waqf (Amendment) Bill, 2025, sparking heated discussions on minority safety in India. Union Minister Kiren Rijiju asserts that India is the safest place for minorities, while opposition leaders criticise the bill as anti-Muslim.