The technology giant estimated that U.S. import taxes could add about $900 million to its costs in the current quarter.

Modi’s endorsement not only bolsters the port-to-power Adani conglomerate, it also signals that the overhang around the U.S. indictment could be easing for Asia’s second-richest person.

The announcement comes on the day the U.S. canceled the de minimis rule.

Roughly $2 billion in added costs from tariffs are expected to come from vehicles imported into the U.S. from Canada, Mexico and South Korea.

Negotiations between the union and Canada post are picking back up for the first time since talks broke down in early March.

De minimis imports have surged dramatically since 2018, with China accounting for nearly two-thirds of 2.3 billion duty-free shipments between 2018 and 2021.

President Donald Trump’s new taxes on imports — including a 25% tariff on imported cars — are already weighing heavily on the economy.

The world's largest e-tailer said it expects to have about 210 delivery stations up and running as part of a broad effort to establish a dedicated rural delivery network.

The aviation industry is scrambling to adjust to new fees filtering through an aerospace supply chain that’s been shielded from tariffs for decades.

Ninety-five percent of more than 500 manufacturers surveyed said GenAI is already directly improving efficiency and bottom-line performance.