The Today’s Chanakya Exit Poll 2026 projections suggest a clear electoral trend across major states, with the Dravida Munnetra Kazhagam (DMK) likely to retain power in Tamil Nadu, while the Bharatiya Janata Party (BJP) is expected to secure a dominant victory in West Bengal and maintain a strong
FDI norms soon for companies with part-Chinese stakeThe Cabinet on March 10 allowed the automatic approval route for overseas investors with up to 10% ownership from countries sharing a land border with India Updated on: May 01, 2026 6:53 AM IST By Rajeev Jayaswal Share via Copy link The government
The Calcutta High Court on Thursday reserved its order on a plea by the Trinamool Congress challenging the Election Commission’s decision to mandate the deployment of Union government employees as counting supervisors during the West Bengal election results, Bar and Bench reported
The first edition of The Economic Times ET GenAI Hackathon has wrapped up, with winners announced after participation from over 54,000 registrants nationwide. The three-phase competition showcased innovative GenAI solutions, awarded a ₹10 lakh prize pool
OAKLAND, Calif. — Elon Musk on Thursday sparred with an attorney for OpenAI during his third day of testimony in the contentious trial over the company's pivot from nonprofit status to a for-profit venture valued at hundreds of billions of dollars
Chris Wood almost led Nottingham Forest to the Champions League last season. After six months out, he could yet do it this time. The striker's unstoppable penalty gave Forest a narrow first-leg lead in their Europa League semi-final tussle with Aston Villa on Thursday
Cognizant’s move coincides with the rollout of ‘Project Leap’, a transformation programme aimed at boosting AI investments, strengthening digital capabilities and reskilling staff. IT major Cognizant Technology is planning to cut nearly 4,000 jobs, or about 1 per cent of its workforce
Air travel between India and Qatar is set to regain momentum after an extended period of disruption, with key Indian airlines preparing to restart operations at Hamad International Airport, Doha. After nearly two months of severely restricted air traffic in the region
What now for Asia after Trump's tariffs struck down?
Key US trading partners in Asia have been hit with a fresh wave of uncertainty after America's top court ruled that many of the tariffs President Donald Trump announced in 2025 are illegal.
After the Supreme Court ruling on Friday, Trump said he would impose new global levies of 15% on goods entering the US.
US customs said on Monday that it would halt the collection of tariffs linked to the signature trade policy that Trump used to launch a global trade war.
This is a major blow to governments from India to Indonesia, which had spent months negotiating trade deals with Washington. Many had pledged to invest billions of dollars in the US.
While the new tariff rate appeared to be a win for many Asian countries that had originally been hit with higher levies, significant uncertainties remain, analysts have told the BBC.
"Even if countries do decide to negotiate, at the end of the day, the current US administration is still looking to enforce higher levels of tariffs, regardless of the measures that have been struck down," said Adam Samdin from Oxford Economics.
Trade deals signed with the US in recent months do not have the clear, legally binding agreements of traditional pacts, leaving room for further changes, he added.
Most smaller economies in Asia will also be cautious about potentially upsetting Trump as "how they fare will depend greatly on their relationship with the administration," Samdin said.
Governments across the region are now evaluating the latest announcements.
China, which is preparing to host Trump in early April, said it is "conducting a comprehensive assessment of [the] content and impact" of the ruling.
"China has consistently opposed all forms of unilateral tariff increases and has repeatedly emphasised that there are no winners in a trade war, and protectionism leads nowhere," a Ministry of Commerce spokesperson added.
On Sunday, US Trade Representative Jamieson Greer said he did not expect the changes to impact Washington's talks with China and its leader Xi Jinping.
"The purpose of this meeting with President Xi is not to fight about trade. It's to maintain stability, make sure that the Chinese are holding up their end of our deal and buying American agricultural products and Boeings and other things," Greer told ABC news.
"I don't see this really affecting that meeting," he added.
US allies in the region are also uncertain about what comes next with Trump's trade policy.
Over the weekend, a Japanese government spokesman said Tokyo "will carefully examine the content of this ruling and the Trump administration's response to it, and respond appropriately".
But Itsunori Onodera, an executive of Prime Minister Sanae Takaichi's Liberal Democratic Party and a former defence minister, raised concerns about the new tariff rate.
"As an ally, I'm worried this will only accelerate countries distancing themselves from the US," Onodera, who is not part of the government, said on a TV show on Sunday.
South Korea's Industry Minister Kim Jung-kwan said on Monday that there is uncertainty over potential refunds for tariffs already paid.
Kim also said that computer chips were not subject to tariffs Trump announced after the ruling.
On Saturday, Taiwan - which is also a key producer of chips - said that although the impact on the island appeared limited, "the government will closely monitor developments and maintain close communication with the United States."
Singapore, which had its tariff rate raised from 10% to 15% after Trump's latest announcement, said it is monitoring the situation and will meet soon with US officials to clarify how the new levies will be implemented.
The city state's trade ministry told the BBC it believed that certain goods - such as pharmaceuticals, electronics and energy - would not be effected by the new measures.
Countries in Asia, many of which had built their economies based on booming exports to the US, were hit especially hard by Trump's sweeping "Liberation Day" tariffs in April.
Last week, Indonesia and the US finalised an agreement to lower US tariffs on the South East Asian country to 19% from 32%, in exchange for preferential access to its market.
Taiwan similarly secured lower US tariffs of 15% in exchange for billions of dollars of investments.
Japan inked an agreement in late 2025 to accelerate the production of rare earths with the US, which is racing to diversify its supply of critical minerals to cut its reliance on China.
Greer said in a separate interview on CBS that the US was in talks with countries that had reached trade agreements with Trump administration and that none had indicated plans to withdraw since the tariff ruling.
Greer said: "We're going to stand by them. We expect our partners to stand by them."
A flat 15% tariff rate is likely to hit Asian economies that export finished products to the US the hardest, said Sandra Alday from the University of Sydney.
The impact is more complex and harder to gauge for countries that supply goods that are to be completed in America, she added.
But with tariffs applied universally, one thing is for sure: foreign products to the US will be more expensive in general, said Alday.
Trump's new 15% tax rate is a temporary solution under Section 122 of the Trade Act, which allows the tariffs to stay in place for around five months before the administration must seek congressional approval.
The new levy also raises questions for countries such as the UK and Australia, which previously agreed a 10% tariff deal with the US.
Source: BBC
Related Posts: Sathya Sai Baba’s teachings more relevant in present situations of uncertainty Bill Belichick blocks Patriots scouts from UNC amid rift with Rob Kraft India, China Among 16 US Trading Partners Facing Unfair-Trade Probe Amid Renewed Tariff Push Korean Air to buy 103 Boeing jets as Trump pressures trading partners US launches probe into trading partners including the EU China says US talks vital as Trump targets Beijing's key partners Fresh cold wave to grip North India Key leader of student-led political party shot in Khulna amid fresh unrest Dividend, Bonus, And Stock Split Wave To Hit Indian Markets This Week IPL 2026 hit by injury wave
Gujarat Titans secured a four-wicket victory over Royal Challengers Bengaluru. Gujarat Titans chose to field first. Royal Challengers Bengaluru were bowled out for 155. Gujarat Titans chased down the target with 25 balls remaining. Shubman Gill and Jos Buttler played key roles in the chase
2 hours ago
Tamil Nadu Exit Poll: Superstar Vijay’s TVK projected for historic debut with 120 seats; a new MGR-style rise? Tamil Nadu exit polls 2026: A dramatic transformation is imminent in the politics of Tamil Nadu. As per the Axis My India exit poll, the newly formed political party of superstar Vijay
2 hours ago
TRAI pushes for tech that enables real-time accident alerts, traffic monitoringThe technology will be enabled by on-board wireless communication devices and can allow features for safety, such as warning drivers of an impending collision. Updated on: May 01
2 hours ago
Uttar Pradesh Chief Minister Adityanath in a column in the Indian Express on April 28 headlined “Story of new UP” spoke of restoring “dignity, belonging, and hope” to the state. No child of Uttar Pradesh “should ever feel compelled to leave home in search of dignity and opportunity”
2 hours ago
Adani Ports Q4 Results: Adani Ports posts strong Q4 results with profit up 10 per cent and revenue surging 26 per cent, while outlining ambitious plans to double growth by 2030. Adani Ports Q4 Results: Adani Ports and Special Economic Zone, closed the March quarter on a strong note
2 hours ago
China will scrap tariffs for all African countries from Friday – except Eswatini, which maintains ties with Taiwan. As of December 2024, China had already implemented a duty-free policy for 33 least-developed African nations. The policy now covers 53 countries
2 hours ago
How two months of war in West Asia hit global markets and the economyHere is a look at the war's impact so far on global financial markets and the economy. Updated on: May 01, 2026 6:18 AM IST By Sreedev Krishnakumar Share via Copy link Two months after the US-Israel war with Iran began on February
2 hours ago
Sugar-free products with sugar. ‘Real’ juices with artificial ingredients. Misleading food ads are fuelling a public health crisis in India. Help Scroll expose the systemic failure. Support our investigation.Sugar-free products with sugar. ‘Real’ juices with artificial ingredients
2 hours ago
On April 29, the second day of polling in West Bengal, a viral video from the state showed a group of men assaulting others in a narrow lane. Strikingly, Central forces patrolling the lane watched the violence, without intervening. Media reports described it as a clash between workers of the
2 hours ago
Prosecutors in California have filed a criminal charge against Britney Spears over her arrest last month for allegedly driving under the influence. The pop star is facing one misdemeanour count of driving under the influence of any alcohol and drug
2 hours ago
US jobless claims dropped significantly last week, falling below 200,000. This occurred despite ongoing economic challenges, including the war in Iran and elevated oil prices. Consumer prices have also seen a substantial monthly increase. The Federal Reserve maintained its benchmark interest rate
2 hours ago
All Maharashtra council candidates to be elected unopposed after Congress opts outOf the ten seats, nine are due for biennial elections as sitting members retire on May 13. Published on: May 01, 2026 6:52 AM IST By Faisal Malik, Saurabha Kulshreshtha Share via Copy link All candidates contesting
2 hours ago
OnePlus Pad 4 arrives in India with a big 13,380mAh battery: Price, specs, featuresThe OnePlus Pad 4 will be up for grabs in India starting May 5. Users will get an instant discount of ₹5,000 on its purchase. Updated on: Apr 30, 2026 4:55 PM IST Share via Copy link You may be interested in 11%
2 hours ago
The Supreme Court has reserved its judgment on a plea for anticipatory bail filed by Congress leader Pawan Khera. The case involves allegations of defamation and forgery against the wife of Assam's Chief Minister. Khera argues his statements only constitute defamation
2 hours ago
As planting season dawned across South East Asia's rice fields, Suchart Piamsomboon, a 60-year-old farmer from Thailand's Chachoengsao province, went to the local shop for fertilisers. And, he was told, it might not arrive. Even if it did, it would cost over 1
2 hours ago
Following the completion of the voting in the second phase of the West Bengal Assembly elections on Wednesday, the exit polls for the five states, in Assam, Kerala, Puducherry, and Tamil Nadu, are out. In 2026, most pollsters are of the opinion that the BJP will retain power in Assam and Puducherry
2 hours ago
From the latest Yellowstone spin-off to a new take on William Golding's classic novel about violent schoolboys, and a supernatural series produced by the Stranger Things creators – these are the best series to watch and stream. Jack Thorne, writer of the brilliant series Adolescence and the hit
2 hours ago
UGC NET Registrations: There has been a major change in the eligibility criteria this year. Students with a four-year undergraduate degree (FYUGP) can also appear for NET. UGC NET June 2026: The National Testing Agency has released the UGC NET June 2026 notification
2 hours ago
Indian techie with ₹40 lakh loan forced to return after H1B setback, says job market feels ‘brutal’An Indian techie returned from the US after an H1B setback, faced a tough job market and struggled with a ₹40 lakh loan. Published on: Apr 30, 2026 9:44 PM IST By Mahipal Singh Chouhan Share
2 hours ago
Iranian President Masoud Pezeshkian has condemned ongoing military and economic pressure on Iran, arguing that measures such as the US naval blockade of its ports are effectively a continuation of hostile actions against the country In a post on X on Thursday, Pezeshkian said
2 hours ago
The Vande Bharat will stop at only four stations: Jammu Tawi, Shri Mata Vaishno Devi Katra, Banihal, and Srinagar. Pilgrims headed to Vaishno Devi get a direct pick-up at Katra. The wait is finally over. Today, April 30, 2026, Railway Minister Ashwini Vaishnaw flags off the Jammu–Srinagar Vande
2 hours ago
What if The Devil Wears Prada characters were tarot cards?Tarot reader Kishori Sud did something fun and decoded the characters of The Devil Wears Prada as tarot cards, based on their personality. Published on: Apr 30, 2026 8:40 PM IST By Kanakanjali Roy Share via Copy link After a long 20-year
2 hours ago
Both Reliance Jio and Bharti Airtel compete directly across almost every telecom service in India, and their Rs 355 prepaid plans are no different. This price point is not for everyone, as the 30-day validity makes it a relatively expensive option compared to plans that offer daily data limits
2 hours ago
How many NBA titles does Klay Thomson have? Rings and achievements sparks buzz amid Megan Thee Stallion rowKlay Thompson has gained public attention following his breakup with Megan Thee Stallion. The NBA star has won four championships with Golden State. Published on: May 01
2 hours ago
The Athletic editor admits failure in Dianna Russini-Mike Vrabel scandalSteven Ginsberg addressed staff regarding the Dianna Russini scandal, admitting communication mistakes. He held a brief meeting but took no questions. Published on: May 01
2 hours ago
Best Time To Visit Goa: Discover the best time to visit Goa with seasonal weather highlights, and essential travel tips to help you make the most of a getaway to the tourist paradise. The sun-soaked expanses of Goa can feel both slow and spirited
2 hours ago
A day after the National Council – Joint Consultative Machinery (NC-JCM) (staff side) requested the 8th Pay Commission to extend the deadline of memorandum submission from April 30, 2026, the 8th CPC today (Wednesday, April 29, 2026) extended the due date to May 31, 2026
2 hours ago
