Trump Says India Will Face 25% Tariffs, Plus Penalty for Buying Russian Goods
In a post on his Truth Social network, he said India was a friend of the U.S. but criticized high Indian tariffs. 'INDIA WILL THEREFORE BE PAYING A TARIFF OF 25%," Trump posted, adding that India will also pay a "penalty" for buying Russian goods. The 25% tariff represents a slight modification of the levies that were already set to take effect this week. In April, Trump had set the tariff on Indian imports at 26% before pausing them to allow for negotiations.
The Indian rupee dropped against the dollar.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
12 minutes ago
- Yahoo
Wolters Kluwer's (AMS:WKL) Dividend Will Be €0.93
Wolters Kluwer N.V. (AMS:WKL) has announced that it will pay a dividend of €0.93 per share on the 18th of September. Despite this raise, the dividend yield of 1.8% is only a modest boost to shareholder returns. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Wolters Kluwer's Future Dividend Projections Appear Well Covered By Earnings Even a low dividend yield can be attractive if it is sustained for years on end. The last dividend was quite easily covered by Wolters Kluwer's earnings. This indicates that quite a large proportion of earnings is being invested back into the business. Over the next year, EPS is forecast to expand by 29.3%. If the dividend continues along recent trends, we estimate the payout ratio will be 43%, which is in the range that makes us comfortable with the sustainability of the dividend. See our latest analysis for Wolters Kluwer Dividend Volatility The company's dividend history has been marked by instability, with at least one cut in the last 10 years. The dividend has gone from an annual total of €0.71 in 2015 to the most recent total annual payment of €2.33. This implies that the company grew its distributions at a yearly rate of about 13% over that duration. Wolters Kluwer has grown distributions at a rapid rate despite cutting the dividend at least once in the past. Companies that cut once often cut again, so we would be cautious about buying this stock solely for the dividend income. The Dividend Looks Likely To Grow With a relatively unstable dividend, it's even more important to see if earnings per share is growing. It's encouraging to see that Wolters Kluwer has been growing its earnings per share at 12% a year over the past five years. Shareholders are getting plenty of the earnings returned to them, which combined with strong growth makes this quite appealing. We Really Like Wolters Kluwer's Dividend Overall, we think this could be an attractive income stock, and it is only getting better by paying a higher dividend this year. The company is easily earning enough to cover its dividend payments and it is great to see that these earnings are being translated into cash flow. All in all, this checks a lot of the boxes we look for when choosing an income stock. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. However, there are other things to consider for investors when analysing stock performance. Taking the debate a bit further, we've identified 1 warning sign for Wolters Kluwer that investors need to be conscious of moving forward. Is Wolters Kluwer not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12 minutes ago
- Yahoo
50 Cent Gloats As Trump Nixes Pardon For 'Half-Innocent' Diddy, For Now
Donald Trump believes Sean 'Diddy' Combs is 'half-innocent' out of his sex-trafficking trial, but there will be no presidential pardon right now for the much-accused Grammy winner. And, just two days after Deadline exclusively reported that Trump was 'seriously considering' such a pardon and the White House played its cards close to the chest, Friday's no pardon stance makes Diddy foe 50 Cent very happy indeed. More from Deadline Sydney Sweeney American Eagle Ad Addressed By Clothing Company Amidst Partisan Uproar In Reaction To Dismal Jobs Report, Donald Trump Says He's Ordered Commissioner Of Labor Statistics To Be Fired Corporation For Public Broadcasting To Shut Down Operations After Loss Of Federal Funding 'Can you believe he thought he was getting pardoned,' the Power franchise EP and pro-Trump rapper posted on social media with an AI generated image late Friday after a still grievance fueled POTUS told Newsmax he wasn't inclined to grant Combs a get outta jail card. 'No Sir, you are not. You said very nasty things.' Yet, Trump being Trump, it could all change on a dime. Sticking it to federal prosecutors sweeping case, the eight-men and four-women jury just found Combs guilty of lesser charges of transportation to engage in prostitution on July 2. Though the U.S. Attorney's office for the Southern District of New York now want self-declared swinger and domestic violence perpetrator Combs to continued to be denied getting out on a $50 million bond and be sentenced to several years behind bars on October 2, the reality is the not guilty decision on the harsh sex trafficking and racketeering conspiracy charges was a serious blow for now fired lead prosecutor Maurene Comey and her team. Part of Trump's public and behind closed door dalliance with a Combs pardon is to stick a knife in the family of ex-FBI Director James Comey. The president also wants to punish what he views as an overreaching and too independent SDNY, sources tell me. Earlier Friday, months after Curtis '50 Cent' Jackson promised he would try to talk Trump out of any Combs pardon, the 'In Da Club' rapper posted a clip from the former Celebrity Apprentice host's sit-down with the fledgling conservative cable newswer where Trump agreed with reporter Rob Finnerty that any pardon for Diddy would 'more likely be a no.' Amidst a clemency campaign from Combs loyalists to the White House and those close to the transactional POTUS and Trump being Trump, the pardon 'no' tonight was qualified. Right after a discussion about a pardon for Jeffrey Epstein's newly cooperative confidant Ghislaine Maxwell, Finnerty asked: 'Sean 'Diddy' Combs. Would you consider pardoning him?' To which, a typically self-centered Trump replied: 'Well, he was essentially, I guess, sort of half innocent. Probably— I was very friendly with him but when I ran for office he was very hostile and it's hard. So, I don't know, it's more difficult.' Espousing ignorance one moment and then intimate knowledge the next about both Maxwell and Combs, Trump was just slightly less inclined towards the latter back in May when he was when asked about a pardon for the now convicted Bad Boy Records founder. 'I would certainly look at the facts if I think somebody was mistreated, whether they like me or don't like me,' Trump said on May 30 in the Oval Office just a couple of weeks after Combs' eventually eight-week long and often horrifically depraved trial began. Since our story on Combs receiving a possible pardon, MAGA media standard-bearers such as Megyn Kelly have pleaded Trump not to give the one-time mogul a pass. 'MAGA is already upset over elites seeming to cover for each other,' the ex-Fox News host said on July 30. 'This would not help. GOP struggling (with) young female voters, most of whom will hate a Diddy pardon,' Kelly exclaimed in a pretty convincing argument that also served as a warning shot to the transactional and media thin skinned Trump Staring at a maximum of 20 years for the prostitution charges he was found guilty of, Combs remains at Brooklyn's Metropolitan Detention Center. Diddy has been at the often criticized facility since his arrest last September in a NYC hotel. Trying to quell a MAGA uprising over the withholding of the promised files on the vile Epstein, who died in custody in 2019, Trump has been letting loose even more of a barrage of distractions that usual to direct attention away from his well-known relationship with convicted and well-connected sex offender Epstein and what the files may say about him. To that, just days after being granted immunity in a two-day conversation with a top DOJ official, the 20-year sentenced Maxwell was suddenly moved out of federal prison in Florida to a low-security prison camp in Texas. Maxwell, Combs …nothing to see here. Best of Deadline 2025 TV Cancellations: Photo Gallery 2025 TV Series Renewals: Photo Gallery 2025-26 Awards Season Calendar: Dates For Emmys, Oscars, Grammys & More
Yahoo
12 minutes ago
- Yahoo
KSB SE KGaA Reports First Half 2025 Earnings
KSB SE KGaA (ETR:KSB) First Half 2025 Results Key Financial Results Revenue: €1.47b (up 1.8% from 1H 2024). Net income: €57.8m (flat on 1H 2024). Profit margin: 3.9% (down from 4.0% in 1H 2024). The decrease in margin was driven by higher expenses. EPS: €33.00. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period KSB SE KGaA Earnings Insights Looking ahead, revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Machinery industry in Germany. Performance of the German Machinery industry. The company's shares are down 8.1% from a week ago. Risk Analysis It is worth noting though that we have found 1 warning sign for KSB SE KGaA that you need to take into consideration. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
