I used a self-hosted app to track all my receipts and it's shockingly good
If you've ever tried to keep track of your receipts, you know how quickly it turns into a mess. Some are paper, some digital, and some are screenshots that you'll forget about in your phone's gallery. I've tried everything to get a handle on them. India-specific money management apps. Expensify. Google Sheets. I even built a little Notion template to manually track my receipts. And while each of them worked well enough for a while, they all broke down in the same few ways. Either they were too clunky to use daily, didn't play nice with different file types, were too complicated for family members to use, or locked useful features behind subscriptions I didn't want to pay for. But it wasn't until I tried a self-hosted tool called Receipt Wrangler that I found a system that finally made sense.
From Google Sheets to Expensify, nothing clicked till I tried out Receipt Wrangler.
I'll be honest. I wasn't expecting much when I stumbled upon the app's Github page. The description is minimal, the documentation isn't exactly welcoming, and there's no flashy pitch video or subscription model trying to upsell me. However, installing Receipt Wrangler isn't as complicated as it might look. The documentation might seem intimidating at first, but unlike many open-source projects, the developer has done a solid job detailing nearly every part of the installation process. I had it up and running using Docker on my Synology NAS within minutes.
A surprisingly powerful, fast, and frictionless workflow
Dhruv Bhutani / Android Authority
First impressions are everything and Receipt Wrangler does a very convincing job right from the get go. Not only did it work, it worked better than most paid solutions I've tried. It's fast. It's flexible. And most importantly, it gives me a few very intuitive ways to manage my data. It hasn't just become my personal receipt tracker; I've set it up for my family, too. And that's the true litmus test for any self-hosted tool.
Receipt Wrangler puts the most obvious use cases front and center. You can set up a dashboard or even multiple dashboards with widgets showing amounts you owe to someone or are owed. You'll also see recent receipts right up front. Pretty straightforward. It's worth pointing out that Receipt Wrangler isn't the prettiest app around. There are no flashy graphics or onboarding tooltips. But after five minutes inside the dashboard, you don't miss any of that. Everything's where you expect it to be. Click a receipt, view the details, and start tagging or editing immediately. It's built around speed and clarity.
The UI might not be flashy, but Receipt Wrangler just gets out of my way and works.
The real magic, of course, is in how it handles receipt input. You can rename receipts, tag them, group them, and search. If a file has embedded text, the app indexes it. If it doesn't, you can manually input the data through one of the most frictionless forms I've used in a while. And this matters more than it sounds. Because it lets you build a consistent, searchable archive that doesn't depend on weird folder structures or convoluted filenames. That frictionless interface also plays a huge role in making the app stick.
Google Sheets, for all its flexibility, really started to show its limits when I put it through the same kind of workflow. A spreadsheet just isn't made for entering long lists of data on the go. I tried building linked folders and matching upload dates with bank transactions, but that approach fell apart fast. If I forgot to log something, it vanished into the ether. If I scanned a receipt but didn't rename it, I'd waste ten minutes later trying to remember what it was. Receipt Wrangler fixes that by putting everything in one place, with metadata you can actually use.
Elsewhere, tagging might sound like a basic feature, but it's become my favorite way to sort information across self-hosted tools, whether it's notes, photos, or receipts. It's what turned me from a casual user into someone who now relies on Receipt Wrangler full time. I started tagging receipts by store, category, and purpose. So when it's time to send invoices to the chartered accountant at the end of the month, I don't have to dig through emails or bank statements. I just filter by 'Office' and month, and everything is right there, even if the filename is nonsense. It's made filing monthly invoices almost boring, in a good way.
Receipt Wrangler's efficient tagging system is critical to sorting your pile of receipts.
Of course, Receipt Wrangler isn't the only tool with tagging support. But most other apps don't do it in a way that fits naturally in my workflow. Expensify, for example, lets you tag but is focused on reimbursements and team reporting. Shoeboxed forces you into their preset categories. Receipt Wrangler lets you make your own. Want to tag every invoice from your freelance gigs? It can do it. Want a tag for 'Reimbursed' and another for 'Pending'? That works too. You can sort out your archive of receipts however you want without working around a pre-defined system.
The little things that make it stick
Dhruv Bhutani / Android Authority
I've always been skeptical of automatic OCR. Too many tools promise to extract all your data and then get half of it wrong. Receipt Wrangler plays it smart. If a file has embedded text, it pulls it. If not, you can hook it up to self-hosted AI models like Ollama or external ones like OpenAI or Gemini. Once configured with API keys, it can send receipts to these LLMs to interpret and complete tagging. I like the flexibility, and in a quick test, it worked pretty well. However, I'm not totally ready to send my financial data to an external AI. That said, I've been thinking about running an Ollama instance locally to handle it. But that's a project for another day.
Receipt Wrangler lets you connect to LLMs to automatically scan and tag your receipts.
The biggest advantage isn't just the features. Self-hosting the app is the biggest win when investing your time and energy into getting an app like Receipt Wrangler running. It's the fact that I own the whole thing, uptime pain-points included. The database lives on my server. Files don't get sent to someone else's cloud. I can back it up how I want, archive to cold storage, and trust that nothing disappears if a company shuts down or moves features behind a paywall.
That kind of control is rare now. Most tools try to lock you in, not help you out. Receipt Wrangler flips that. It feels like something built for people who actually care about owning their data or future-proofing their workflows instead of renting convenience. And if Receipt Wrangler ever stops development, I can just keep my instance running forever. That's obviously not an option with commercial tools.
There are a few more features here that sealed the deal for me. First, the way Receipt Wrangler handles backups. You can export everything easily, and since it's just a local app with a simple database, it's trivial to plug into any backup system. Second, it doesn't nag you. No emails. No reminders. No upgrade pitches. It just works, quietly. And third, maybe most importantly, it made me feel like I wasn't just getting better at tracking receipts, I was getting better at organizing my digital life. Instead of letting invoices pile up in a folder till the end of the month, the no-fuss interface makes it easy to file them right then and there. As someone who is notorious for procrastinating with paperwork, this is the system seller.
This is how receipt tracking should feel
Dhruv Bhutani / Android Authority
I didn't expect to care this much about a tool for scanning receipts. But here we are. Receipt Wrangler turned a chore into something I actually enjoy. It gave me more control, more peace of mind, and fewer excuses to procrastinate. Compared to everything else I've tried — Google Sheets included — this is the first time I feel like I'll actually stick with a system. I'm not hoping that a free tier stays generous, I'm not bracing for a broken update, and most importantly, I'm not at the mercy of someone else's business model. All of that combined with the general excellence of the app has made it an integral part of my daily productivity workflow.
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Trump tariffs live updates: Trump presses India, China on Russian oil; US rare earth talks ‘halfway there'
President Trump is pressuring India and China to stop buying oil from Russia and Iran, according to a reports on Monday. China called the demand a key hurdle in trade talks, saying it 'will always ensure its energy supply in ways that serve our national interests.' India hasn't committed to stopping purchases and is urging citizens to support local goods. Meanwhile, US Trade Representative Jamieson Greer said on Sunday that rare earths were a key focus in last week's Stockholm talks, which led to a tariff truce extension. He told CBS the US had secured supply commitments from China but noted the two sides are only 'about halfway there.' 'We're focused on making sure that magnets from China to the United States and the adjacent supply chain can flow as freely as it did before the control,' Greer said in the interview, which was taped Friday. 'And I would say we're about halfway there.' Greer also said that the latest round of tariffs are "pretty much set" and unlikely to change. On Friday, Trump signed an order to hike tariffs on Canada to 35%, while he kept a baseline minimum rate of 10% across all partners. The tariffs on Canada went into effect Friday, while many of the other "reciprocal" rates take effect Aug. 7. Meanwhile, it seems even the Oracle of Omaha isn't immune to the impact of President Trump's trade war. Warren Buffett's Berkshire Hathaway said on Saturday that its consumer goods businesses took a hit from US tariffs, Reuters reported. Yahoo Finance's Ben Werschkul has more details on the latest orders here. You can see the new rates Trump is set to levy in the graphic below: In the past several days, Trump has unleashed a flurry of deals and trade moves leading up to his self-imposed deadline: Trump granted Mexico, the US's largest trading partner, a 90-day reprieve on higher tariffs. The US agreed to a trade deal South Korea. The agreement includes a 15% tariff rate on imports from the country, while the US will not be charged a tariff on its exports, Trump said. Trump imposed 50% tariffs on semi-finished copper products starting Aug. 1. The president signed an order to end the de minimis exemption on low-value imports under $800, thereby applying tariffs from Aug. 29. Trump signed another order to impose a total of 50% tariffs on many goods from Brazil. However, it exempts key US imports like orange juice and aircraft parts that benefit Embraer (ERJ). The US and EU agreed to a trade deal that imposes 15% tariffs on EU goods. Read more: What Trump's tariffs mean for the economy and your wallet Here are the latest updates as the policy reverberates around the world. Trump presses India, China to halt Russian oil buys as trade talks roll on The US and China are making progress on a trade deal, but a major sticking point remains: Washington wants Beijing to stop buying oil from Iran and Russia. China has pushed back, saying it will secure energy based on its own national interests. 'China will always ensure its energy supply in ways that serve our national interests,' China's Foreign Ministry posted on X on Wednesday following two days of trade negotiations in Stockholm, responding to the U.S. threat of a 100% tariff. 'Coercion and pressuring will not achieve anything. China will firmly defend its sovereignty, security and development interests," the ministry said. In India, Prime Minister Narendra Modi has rejected pressure from President Trump, encouraging people to buy local goods. India has not told its oil refiners to stop purchasing Russian oil, and those decisions remain up to each company. 'The world economy is going through many apprehensions — there is an atmosphere of instability,' Modi said at a rally in the northern state of Uttar Pradesh on Saturday. 'Now, whatever we buy, there should be only one scale: we will buy those things which have been made by the sweat of an Indian.' Greer: Latest tariffs 'pretty much set' and unlikely to change (Reuters) -The tariffs U.S. President Donald Trump imposed last week on scores of countries are likely to stay in place rather than be cut as part of continuing negotiations, Trade Representative Jamieson Greer said on Sunday. Ahead of a Friday deadline, Trump set rates including a 35% duty on many goods from Canada, 50% for Brazil, 25% for India, 20% for Taiwan and 39% for Switzerland, according to a presidential executive order. In trade talks since Trump returned to office, the White House has lowered some rates from levels initially announced, including halving import duties set last week as part of a deal with the European Union. Greer told CBS's Face the Nation on Sunday, however, that this would not be the case on the most recent round of tariffs. "A lot of these are set rates pursuant to deals. Some of these deals are announced, some are not, others depend on the level of the trade deficit or surplus we may have with the country," he said. "These tariff rates are pretty much set." Read more here. Swatch CEO calls on Swiss president to meet Trump to solve tariff dispute Swiss stocks took a hit on Monday as the market reopened after a holiday. Worries about the impact from President Trump's 39% export tariffs and a push for drugmakers to lower prices have caused tension in the market. In addition, Swatch Group ( Chief Executive Nick Hayek called on Swiss President Karin Keller-Sutter to meet President Donald Trump in Washington to negotiate a better deal than the 39% tariffs announced on Swiss imports into the United States. Hayek told Reuters on Monday he was confident an agreement could still be reached before the tariffs, which were announced on Friday, went into effect on August 7. Bloomberg News reports: Read more here. Malaysia agrees to boost tech, LNG purchases from US as part of trade deal Reuters reports: Read more here. Japan PM: Win-win trade deal with US may be hard to implement Bloomberg News reports: Read more here. Trump tariff policy leaves some partners losers but few winners WASHINGTON (AP) — President Donald Trump's tariff onslaught left a lot of losers — from small, poor countries like Laos and Algeria to wealthy U.S. trading partners like Canada and Switzerland. They're now facing especially hefty taxes – tariffs – on the products they export to the United States starting Aug. 7. The closest thing to winners may be the countries that caved to Trump's demands — and avoided even more pain. But it's unclear whether anyone will be able to claim victory in the long run — even the United States, the intended beneficiary of Trump's protectionist policies. 'In many respects, everybody's a loser here,'' said Barry Appleton, co-director of the Center for International Law at the New York Law School. Barely six months after he returned to the White House, Trump has demolished the old global economic order. Gone is one built on agreed-upon rules. In its place is a system in which Trump himself sets the rules, using America's enormous economic power to punish countries that won't agree to one-sided trade deals and extracting huge concessions from the ones that do. Read more here. Switzerland business minister says it could revise tariffs offer ZURICH (Reuters) -The Swiss government is open to revising its offer to the United States in response to planned heavy tariffs, Business Minister Guy Parmelin said, as experts warned the 39% import duties announced by President Donald Trump could trigger a recession in Switzerland. Switzerland was left stunned on Friday after Trump hit the country with one of the highest tariffs in his global trade reset, with industry associations warning of tens of thousands of jobs being put at risk. The country's cabinet will hold a special meeting on Monday to discuss its next steps, with Parmelin telling broadcaster RTS that the government would move quickly before the U.S. tariffs are imposed on August 7. "We need to fully understand what happened, why the U.S. president made this decision. Once we have that on the table, we can decide how to proceed," Parmelin said. Read more here. Trump introduces tiers for trade partners in latest approach to tariff President Trump is moving forward on a new suite of tariff rates with an approach increasingly focused on grouping countries into tiers, as opposed to a previous approach of simply looking at the trade balance. The new approach remains heavily influenced by either a trade surplus or a deficit but has grown more complex — some might say more subjective — leading to some consolidation in rate levels and the lowering of rates for many countries to a key new standard of 15%. The new landscape was reflected in Thursday night's executive action announcing rates, which centered around the 15% rate set to be in place next week in about 40 countries. Countries facing that rate include major trading partners that recently struck deals, such as Europe and Japan, as well as smaller nations, from Afghanistan to Zimbabwe. More than 100 countries were excluded altogether from this week's announcement, meaning their rate will stay at 10%. Meanwhile, a third group of about 30 countries will see higher rates ranging from 18% to 50%. Trump and his team are taking an approach that could simplify future negotiations and be more in line with global trade dynamics. Read more here. Berkshire's consumer goods companies feel the sting of Trump's tariffs Not even the Oracle of Omaha can avoid the pinch of President Trump's trade war, it seems. Warren Buffett's Berkshire Hathaway said Saturday its consumer goods businesses felt the impact of Trump's trade policy, which raised tariffs on imported goods, Reuters reported: Read more here. US has 'makings of a deal' with China, Bessent says Treasury Secretary said on X that the US has "makings of a deal" with China. Reuters reports: Read more here. Nike, Deckers, On Running among footwear stocks under pressure as Trump outlines latest tariff plans Footwear companies like Deckers (DECK), Nike (NKE), and On Holding (ONON) are under pressure from President Trump's tariff plans, including new rates released Thursday evening that range from 10% to 40%. Yahoo Finance's Brooke DiPalma reports: Read more here. Stocks sink after Trump's latest tariff blitz Stocks came under pressure Friday after President Trump unveiled his plan for sweeping tariffs on almost all trading partners. Also weighing on sentiment were further signs of cracks in the labor market, punctuated by a weaker-than-expected jobs report released Friday morning. You can check out the latest action and updates in our markets live blog. Trump's 40% penalty for tariff dodging missing key details President Trump's tariff surprises are far from over. The US president has threatened to slap an extra 40% tariff on any product that Washington determines to be transshipped via another country. Its believed that this may be punishment, aimed at stopping goods mainly from China dodging US duties. The penalty for transshipping, which is when goods are moved from one type of transport to another, while on the way to where they're going, was included within the White house announcement on Thursday. But countries still do not have all the details. Bloomberg News reports: Read more here. Trump unleashes massive tariffs on Swiss watches, pharma firms Switzerland's exporters are bracing for financial fallout from President Trump's 39% tariffs, one of the steepest rates globally in his escalating trade war. From watch makers to pharmaceutical companies the knock on effect of Trump's new tariffs will be felt. The new tariffs on Switzerland are part of a broader package announced by Trump on Thursday. But Swiss manufacturers warned on Friday that tens of thousands of jobs are at risk due to Trump's tariff hit. Trump's 39% tariffs on Swiss exports do exclude the country's drug sector, but pharmaceutical companies Novartis AG (NVS) and Roche Holding (RHHBY) were one of the 17 global pharma firms to receive a letter from Trump demanding lower prices. "It's a massive shock for the export industry and for the whole country. We are really stunned," said Jean-Philippe Kohl, deputy director of Swissmem, representing the mechanical and electrical engineering industries. Bloomberg News reports: Read more here. Trump unleashes delayed shock for global economy Four months after Donald Trump rattled markets by revealing steep tariff plans, his latest update has drawn a quieter response from investors. Still, average tariffs now sit at 15% - some of the highest since the 1930s - with rates rising further for countries that run trade surpluses with the US. So far, the global economy has absorbed the impact better than expected, but with the new tariffs kicking in that resilience may be tested. Bloomberg News reports: Read more here. Copper set for weekly drop on LME after Trump's tariff surprise Copper (HG=F) prices edged higher on Friday but were on track for a weekly drop in London as the market took stock of President Trump's decision to exempt refined forms of the metal from hefty US import tariffs. Bloomberg News reports: Bangladesh secures 20% US tariff for garments, exporters relieved Bangladesh has negotiated a 20% tariff on exports to the US. This tariff rate has reduced from the initial 37% proposed by President Trump and has brought some relief to the world's second-largest garment supplier. Reuters reports: Read more here. BOJ: US tariffs could hit firms' profits, delay capex plans The Bank of Japan warned on Friday that profits of Japanese firms are likely to fall this year due to President Trump's US tariffs. This will lead many companies in Japan to downgrade capital expenditure plans. The central bank has signalled caution over an expected hit to the export-dependent economy. Reuters reports: Read more here. Trump hikes tariffs on Canada to 35%, outlines sweeping new duties on dozens of trade partners The White House took a step forward with President Trump's plan to remake the trade landscape by releasing new details Thursday evening that included a raft of new tariff rates now formally authorized by executive order, which set new levels from 15% to 40% on over 70 countries. The move represents a giant shakeup in the US's trade order, with outlined rates that range from a 35% tariff on Canada (up from 25%) to rates above 30% on nations from Algeria to Switzerland. But there's a last minute catch, as these new rates will not go into effect for seven days, instead of a midnight Friday deadline as originally planned — according to the text of the order. India, after initial high hopes for a deal that have bogged down in recent weeks, is set to face a 25% rate but now appears to have another week to negotiate. Taiwan is another top US trading partner and is set to see a 20% rate. The White House documentation released Thursday also confirmed some of the parameters of recent deals including 19%-20% rates on a range of Southeast Asian nations and an unchanged 10% rate on the United Kingdom. Dozens of other nations also saw their tariff rates upped to 15% from 10% — in line with deals sketched out in recent days that included that headline 15% tariff rate on Europe, South Korea, and Japan. But some nations were not included in Tuesday's release — those omitted included many nations with which the US currently has a trade surplus — who therefore are set to see their rates remain at 10%, in a surprise relief for some after comments from Trump in recent days suggested 15% would be his new minimum. Read more here. Trump extends Mexico's current tariff rates President Trump said he would extend Mexico's current tariff rates for another 90 days to allow for more time for negotiations. Mexico was facing tariffs of up to 35% on certain goods beginning on Friday. The reprieve came after Trump talked with Mexican President Claudia Sheinbaum. Imports from Mexico will still be subject to other tariffs, namely duties on metals and cars. The US and China are making progress on a trade deal, but a major sticking point remains: Washington wants Beijing to stop buying oil from Iran and Russia. China has pushed back, saying it will secure energy based on its own national interests. 'China will always ensure its energy supply in ways that serve our national interests,' China's Foreign Ministry posted on X on Wednesday following two days of trade negotiations in Stockholm, responding to the U.S. threat of a 100% tariff. 'Coercion and pressuring will not achieve anything. China will firmly defend its sovereignty, security and development interests," the ministry said. In India, Prime Minister Narendra Modi has rejected pressure from President Trump, encouraging people to buy local goods. India has not told its oil refiners to stop purchasing Russian oil, and those decisions remain up to each company. 'The world economy is going through many apprehensions — there is an atmosphere of instability,' Modi said at a rally in the northern state of Uttar Pradesh on Saturday. 'Now, whatever we buy, there should be only one scale: we will buy those things which have been made by the sweat of an Indian.' (Reuters) -The tariffs U.S. President Donald Trump imposed last week on scores of countries are likely to stay in place rather than be cut as part of continuing negotiations, Trade Representative Jamieson Greer said on Sunday. Ahead of a Friday deadline, Trump set rates including a 35% duty on many goods from Canada, 50% for Brazil, 25% for India, 20% for Taiwan and 39% for Switzerland, according to a presidential executive order. In trade talks since Trump returned to office, the White House has lowered some rates from levels initially announced, including halving import duties set last week as part of a deal with the European Union. Greer told CBS's Face the Nation on Sunday, however, that this would not be the case on the most recent round of tariffs. "A lot of these are set rates pursuant to deals. Some of these deals are announced, some are not, others depend on the level of the trade deficit or surplus we may have with the country," he said. "These tariff rates are pretty much set." Read more here. Swatch CEO calls on Swiss president to meet Trump to solve tariff dispute Swiss stocks took a hit on Monday as the market reopened after a holiday. Worries about the impact from President Trump's 39% export tariffs and a push for drugmakers to lower prices have caused tension in the market. In addition, Swatch Group ( Chief Executive Nick Hayek called on Swiss President Karin Keller-Sutter to meet President Donald Trump in Washington to negotiate a better deal than the 39% tariffs announced on Swiss imports into the United States. Hayek told Reuters on Monday he was confident an agreement could still be reached before the tariffs, which were announced on Friday, went into effect on August 7. Bloomberg News reports: Read more here. Swiss stocks took a hit on Monday as the market reopened after a holiday. Worries about the impact from President Trump's 39% export tariffs and a push for drugmakers to lower prices have caused tension in the market. In addition, Swatch Group ( Chief Executive Nick Hayek called on Swiss President Karin Keller-Sutter to meet President Donald Trump in Washington to negotiate a better deal than the 39% tariffs announced on Swiss imports into the United States. Hayek told Reuters on Monday he was confident an agreement could still be reached before the tariffs, which were announced on Friday, went into effect on August 7. Bloomberg News reports: Read more here. Malaysia agrees to boost tech, LNG purchases from US as part of trade deal Reuters reports: Read more here. Reuters reports: Read more here. Japan PM: Win-win trade deal with US may be hard to implement Bloomberg News reports: Read more here. Bloomberg News reports: Read more here. Trump tariff policy leaves some partners losers but few winners WASHINGTON (AP) — President Donald Trump's tariff onslaught left a lot of losers — from small, poor countries like Laos and Algeria to wealthy U.S. trading partners like Canada and Switzerland. They're now facing especially hefty taxes – tariffs – on the products they export to the United States starting Aug. 7. The closest thing to winners may be the countries that caved to Trump's demands — and avoided even more pain. But it's unclear whether anyone will be able to claim victory in the long run — even the United States, the intended beneficiary of Trump's protectionist policies. 'In many respects, everybody's a loser here,'' said Barry Appleton, co-director of the Center for International Law at the New York Law School. Barely six months after he returned to the White House, Trump has demolished the old global economic order. Gone is one built on agreed-upon rules. In its place is a system in which Trump himself sets the rules, using America's enormous economic power to punish countries that won't agree to one-sided trade deals and extracting huge concessions from the ones that do. Read more here. WASHINGTON (AP) — President Donald Trump's tariff onslaught left a lot of losers — from small, poor countries like Laos and Algeria to wealthy U.S. trading partners like Canada and Switzerland. They're now facing especially hefty taxes – tariffs – on the products they export to the United States starting Aug. 7. The closest thing to winners may be the countries that caved to Trump's demands — and avoided even more pain. But it's unclear whether anyone will be able to claim victory in the long run — even the United States, the intended beneficiary of Trump's protectionist policies. 'In many respects, everybody's a loser here,'' said Barry Appleton, co-director of the Center for International Law at the New York Law School. Barely six months after he returned to the White House, Trump has demolished the old global economic order. Gone is one built on agreed-upon rules. In its place is a system in which Trump himself sets the rules, using America's enormous economic power to punish countries that won't agree to one-sided trade deals and extracting huge concessions from the ones that do. Read more here. Switzerland business minister says it could revise tariffs offer ZURICH (Reuters) -The Swiss government is open to revising its offer to the United States in response to planned heavy tariffs, Business Minister Guy Parmelin said, as experts warned the 39% import duties announced by President Donald Trump could trigger a recession in Switzerland. Switzerland was left stunned on Friday after Trump hit the country with one of the highest tariffs in his global trade reset, with industry associations warning of tens of thousands of jobs being put at risk. The country's cabinet will hold a special meeting on Monday to discuss its next steps, with Parmelin telling broadcaster RTS that the government would move quickly before the U.S. tariffs are imposed on August 7. "We need to fully understand what happened, why the U.S. president made this decision. Once we have that on the table, we can decide how to proceed," Parmelin said. Read more here. ZURICH (Reuters) -The Swiss government is open to revising its offer to the United States in response to planned heavy tariffs, Business Minister Guy Parmelin said, as experts warned the 39% import duties announced by President Donald Trump could trigger a recession in Switzerland. Switzerland was left stunned on Friday after Trump hit the country with one of the highest tariffs in his global trade reset, with industry associations warning of tens of thousands of jobs being put at risk. The country's cabinet will hold a special meeting on Monday to discuss its next steps, with Parmelin telling broadcaster RTS that the government would move quickly before the U.S. tariffs are imposed on August 7. "We need to fully understand what happened, why the U.S. president made this decision. Once we have that on the table, we can decide how to proceed," Parmelin said. Read more here. Trump introduces tiers for trade partners in latest approach to tariff President Trump is moving forward on a new suite of tariff rates with an approach increasingly focused on grouping countries into tiers, as opposed to a previous approach of simply looking at the trade balance. The new approach remains heavily influenced by either a trade surplus or a deficit but has grown more complex — some might say more subjective — leading to some consolidation in rate levels and the lowering of rates for many countries to a key new standard of 15%. The new landscape was reflected in Thursday night's executive action announcing rates, which centered around the 15% rate set to be in place next week in about 40 countries. Countries facing that rate include major trading partners that recently struck deals, such as Europe and Japan, as well as smaller nations, from Afghanistan to Zimbabwe. More than 100 countries were excluded altogether from this week's announcement, meaning their rate will stay at 10%. Meanwhile, a third group of about 30 countries will see higher rates ranging from 18% to 50%. Trump and his team are taking an approach that could simplify future negotiations and be more in line with global trade dynamics. Read more here. President Trump is moving forward on a new suite of tariff rates with an approach increasingly focused on grouping countries into tiers, as opposed to a previous approach of simply looking at the trade balance. The new approach remains heavily influenced by either a trade surplus or a deficit but has grown more complex — some might say more subjective — leading to some consolidation in rate levels and the lowering of rates for many countries to a key new standard of 15%. The new landscape was reflected in Thursday night's executive action announcing rates, which centered around the 15% rate set to be in place next week in about 40 countries. Countries facing that rate include major trading partners that recently struck deals, such as Europe and Japan, as well as smaller nations, from Afghanistan to Zimbabwe. More than 100 countries were excluded altogether from this week's announcement, meaning their rate will stay at 10%. Meanwhile, a third group of about 30 countries will see higher rates ranging from 18% to 50%. Trump and his team are taking an approach that could simplify future negotiations and be more in line with global trade dynamics. Read more here. Berkshire's consumer goods companies feel the sting of Trump's tariffs Not even the Oracle of Omaha can avoid the pinch of President Trump's trade war, it seems. Warren Buffett's Berkshire Hathaway said Saturday its consumer goods businesses felt the impact of Trump's trade policy, which raised tariffs on imported goods, Reuters reported: Read more here. Not even the Oracle of Omaha can avoid the pinch of President Trump's trade war, it seems. Warren Buffett's Berkshire Hathaway said Saturday its consumer goods businesses felt the impact of Trump's trade policy, which raised tariffs on imported goods, Reuters reported: Read more here. US has 'makings of a deal' with China, Bessent says Treasury Secretary said on X that the US has "makings of a deal" with China. Reuters reports: Read more here. Treasury Secretary said on X that the US has "makings of a deal" with China. Reuters reports: Read more here. Nike, Deckers, On Running among footwear stocks under pressure as Trump outlines latest tariff plans Footwear companies like Deckers (DECK), Nike (NKE), and On Holding (ONON) are under pressure from President Trump's tariff plans, including new rates released Thursday evening that range from 10% to 40%. Yahoo Finance's Brooke DiPalma reports: Read more here. Footwear companies like Deckers (DECK), Nike (NKE), and On Holding (ONON) are under pressure from President Trump's tariff plans, including new rates released Thursday evening that range from 10% to 40%. Yahoo Finance's Brooke DiPalma reports: Read more here. Stocks sink after Trump's latest tariff blitz Stocks came under pressure Friday after President Trump unveiled his plan for sweeping tariffs on almost all trading partners. Also weighing on sentiment were further signs of cracks in the labor market, punctuated by a weaker-than-expected jobs report released Friday morning. You can check out the latest action and updates in our markets live blog. Stocks came under pressure Friday after President Trump unveiled his plan for sweeping tariffs on almost all trading partners. Also weighing on sentiment were further signs of cracks in the labor market, punctuated by a weaker-than-expected jobs report released Friday morning. You can check out the latest action and updates in our markets live blog. Trump's 40% penalty for tariff dodging missing key details President Trump's tariff surprises are far from over. The US president has threatened to slap an extra 40% tariff on any product that Washington determines to be transshipped via another country. Its believed that this may be punishment, aimed at stopping goods mainly from China dodging US duties. The penalty for transshipping, which is when goods are moved from one type of transport to another, while on the way to where they're going, was included within the White house announcement on Thursday. But countries still do not have all the details. Bloomberg News reports: Read more here. President Trump's tariff surprises are far from over. The US president has threatened to slap an extra 40% tariff on any product that Washington determines to be transshipped via another country. Its believed that this may be punishment, aimed at stopping goods mainly from China dodging US duties. The penalty for transshipping, which is when goods are moved from one type of transport to another, while on the way to where they're going, was included within the White house announcement on Thursday. But countries still do not have all the details. Bloomberg News reports: Read more here. Trump unleashes massive tariffs on Swiss watches, pharma firms Switzerland's exporters are bracing for financial fallout from President Trump's 39% tariffs, one of the steepest rates globally in his escalating trade war. From watch makers to pharmaceutical companies the knock on effect of Trump's new tariffs will be felt. The new tariffs on Switzerland are part of a broader package announced by Trump on Thursday. But Swiss manufacturers warned on Friday that tens of thousands of jobs are at risk due to Trump's tariff hit. Trump's 39% tariffs on Swiss exports do exclude the country's drug sector, but pharmaceutical companies Novartis AG (NVS) and Roche Holding (RHHBY) were one of the 17 global pharma firms to receive a letter from Trump demanding lower prices. "It's a massive shock for the export industry and for the whole country. We are really stunned," said Jean-Philippe Kohl, deputy director of Swissmem, representing the mechanical and electrical engineering industries. Bloomberg News reports: Read more here. Switzerland's exporters are bracing for financial fallout from President Trump's 39% tariffs, one of the steepest rates globally in his escalating trade war. From watch makers to pharmaceutical companies the knock on effect of Trump's new tariffs will be felt. The new tariffs on Switzerland are part of a broader package announced by Trump on Thursday. But Swiss manufacturers warned on Friday that tens of thousands of jobs are at risk due to Trump's tariff hit. Trump's 39% tariffs on Swiss exports do exclude the country's drug sector, but pharmaceutical companies Novartis AG (NVS) and Roche Holding (RHHBY) were one of the 17 global pharma firms to receive a letter from Trump demanding lower prices. "It's a massive shock for the export industry and for the whole country. We are really stunned," said Jean-Philippe Kohl, deputy director of Swissmem, representing the mechanical and electrical engineering industries. Bloomberg News reports: Read more here. Trump unleashes delayed shock for global economy Four months after Donald Trump rattled markets by revealing steep tariff plans, his latest update has drawn a quieter response from investors. Still, average tariffs now sit at 15% - some of the highest since the 1930s - with rates rising further for countries that run trade surpluses with the US. So far, the global economy has absorbed the impact better than expected, but with the new tariffs kicking in that resilience may be tested. Bloomberg News reports: Read more here. Four months after Donald Trump rattled markets by revealing steep tariff plans, his latest update has drawn a quieter response from investors. Still, average tariffs now sit at 15% - some of the highest since the 1930s - with rates rising further for countries that run trade surpluses with the US. So far, the global economy has absorbed the impact better than expected, but with the new tariffs kicking in that resilience may be tested. Bloomberg News reports: Read more here. Copper set for weekly drop on LME after Trump's tariff surprise Copper (HG=F) prices edged higher on Friday but were on track for a weekly drop in London as the market took stock of President Trump's decision to exempt refined forms of the metal from hefty US import tariffs. Bloomberg News reports: Copper (HG=F) prices edged higher on Friday but were on track for a weekly drop in London as the market took stock of President Trump's decision to exempt refined forms of the metal from hefty US import tariffs. Bloomberg News reports: Bangladesh secures 20% US tariff for garments, exporters relieved Bangladesh has negotiated a 20% tariff on exports to the US. This tariff rate has reduced from the initial 37% proposed by President Trump and has brought some relief to the world's second-largest garment supplier. Reuters reports: Read more here. Bangladesh has negotiated a 20% tariff on exports to the US. This tariff rate has reduced from the initial 37% proposed by President Trump and has brought some relief to the world's second-largest garment supplier. Reuters reports: Read more here. BOJ: US tariffs could hit firms' profits, delay capex plans The Bank of Japan warned on Friday that profits of Japanese firms are likely to fall this year due to President Trump's US tariffs. This will lead many companies in Japan to downgrade capital expenditure plans. The central bank has signalled caution over an expected hit to the export-dependent economy. Reuters reports: Read more here. The Bank of Japan warned on Friday that profits of Japanese firms are likely to fall this year due to President Trump's US tariffs. This will lead many companies in Japan to downgrade capital expenditure plans. The central bank has signalled caution over an expected hit to the export-dependent economy. Reuters reports: Read more here. Trump hikes tariffs on Canada to 35%, outlines sweeping new duties on dozens of trade partners The White House took a step forward with President Trump's plan to remake the trade landscape by releasing new details Thursday evening that included a raft of new tariff rates now formally authorized by executive order, which set new levels from 15% to 40% on over 70 countries. The move represents a giant shakeup in the US's trade order, with outlined rates that range from a 35% tariff on Canada (up from 25%) to rates above 30% on nations from Algeria to Switzerland. But there's a last minute catch, as these new rates will not go into effect for seven days, instead of a midnight Friday deadline as originally planned — according to the text of the order. India, after initial high hopes for a deal that have bogged down in recent weeks, is set to face a 25% rate but now appears to have another week to negotiate. Taiwan is another top US trading partner and is set to see a 20% rate. The White House documentation released Thursday also confirmed some of the parameters of recent deals including 19%-20% rates on a range of Southeast Asian nations and an unchanged 10% rate on the United Kingdom. Dozens of other nations also saw their tariff rates upped to 15% from 10% — in line with deals sketched out in recent days that included that headline 15% tariff rate on Europe, South Korea, and Japan. But some nations were not included in Tuesday's release — those omitted included many nations with which the US currently has a trade surplus — who therefore are set to see their rates remain at 10%, in a surprise relief for some after comments from Trump in recent days suggested 15% would be his new minimum. Read more here. The White House took a step forward with President Trump's plan to remake the trade landscape by releasing new details Thursday evening that included a raft of new tariff rates now formally authorized by executive order, which set new levels from 15% to 40% on over 70 countries. The move represents a giant shakeup in the US's trade order, with outlined rates that range from a 35% tariff on Canada (up from 25%) to rates above 30% on nations from Algeria to Switzerland. But there's a last minute catch, as these new rates will not go into effect for seven days, instead of a midnight Friday deadline as originally planned — according to the text of the order. India, after initial high hopes for a deal that have bogged down in recent weeks, is set to face a 25% rate but now appears to have another week to negotiate. Taiwan is another top US trading partner and is set to see a 20% rate. The White House documentation released Thursday also confirmed some of the parameters of recent deals including 19%-20% rates on a range of Southeast Asian nations and an unchanged 10% rate on the United Kingdom. Dozens of other nations also saw their tariff rates upped to 15% from 10% — in line with deals sketched out in recent days that included that headline 15% tariff rate on Europe, South Korea, and Japan. But some nations were not included in Tuesday's release — those omitted included many nations with which the US currently has a trade surplus — who therefore are set to see their rates remain at 10%, in a surprise relief for some after comments from Trump in recent days suggested 15% would be his new minimum. Read more here. Trump extends Mexico's current tariff rates President Trump said he would extend Mexico's current tariff rates for another 90 days to allow for more time for negotiations. Mexico was facing tariffs of up to 35% on certain goods beginning on Friday. The reprieve came after Trump talked with Mexican President Claudia Sheinbaum. Imports from Mexico will still be subject to other tariffs, namely duties on metals and cars. President Trump said he would extend Mexico's current tariff rates for another 90 days to allow for more time for negotiations. Mexico was facing tariffs of up to 35% on certain goods beginning on Friday. The reprieve came after Trump talked with Mexican President Claudia Sheinbaum. Imports from Mexico will still be subject to other tariffs, namely duties on metals and cars. 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
Entrepreneur
3 minutes ago
- Entrepreneur
GTT Data to Focus on Strategic Acquisitions and Partnerships in Next 12-18 Months
By 2030, the company's goal is to have 60 per cent of revenues coming from international markets and 40 per cent from India You're reading Entrepreneur India, an international franchise of Entrepreneur Media. GTT Data Solutions, a new-age tech company, will be going after strategic acquisitions and partnerships in the next 12-18 months as it aims to scale from its current revenue levels to INR 500 crore by 2030. "In the next 12–18 months, while organic growth will remain largely India-focused, our global expansion – through targeted acquisitions and strategic partnerships – will play a key role in driving margin improvement," Ganesh Natarajan, Chairman of GTT Data, told Entrepreneur India. "At the core of our growth strategy is Dual Intelligence – the strategic convergence of human expertise and artificial intelligence. This approach is already translating into strong client stickiness and expanding long-term value creation, especially in sectors grappling with rapid digital shifts. Looking ahead, we anticipate industry leading growth over the next 3–5 years," Natarajan added. Over the past year or so, GTT Data has integrated seven companies, each designed to strengthen its capabilities across AI, automation, cloud infrastructure, enterprise platforms, data analytics, and digital skilling. Some of these companies are: Itarium Technologies, CRG Solutions, Alpharithm, Ujjvilas Technologies, Shikuyaa, Global Talent Track, and SEED Infotech. "Our recent acquisition of Alpharithm's Singapore arm further strengthens our international presence and deepens our capabilities in AI and automation," Natarajan said. GTT Data believes in expanding beyond metros to tier-II and tier-III cities. As part of this strategy, the company is scaling up its presence in Sangli, Maharashtra. "As of today, GTT Data Solutions has a talented workforce of about 700 employees across India. This includes 70 team members at our Sangli centre, which we aim to grow to 500 over the next three years," said Natarajan. GTT's hiring is centered on two major themes: strategic scale and talent quality. "We are actively recruiting across AI, automation, cloud, analytics, enterprise platforms, and UX/UI—areas bolstered by our recent acquisitions. Simultaneously, we're building long-duration, mutually beneficial relationships with engineering colleges, especially in tier-II cities like Sangli, to bring in fresh graduates and equip them with both technical and soft skills," he added. In addition to Sangli, GTT Data Solutions has existing centres in Pune, Mumbai, Bengaluru, and Hyderabad, serving a wide array of clients across sectors. Currently, nearly 90 per cent of the company's revenue is contributed by clients in India. "That said, we are actively working to diversify this mix. By 2030, our goal is to have 60 per cent of revenues coming from international markets and 40 per cent from India. This strategic rebalancing reflects our global ambitions and the strengthening of our international delivery capabilities. We are particularly focused on expanding in the US, Southeast Asia, and Europe, markets where enterprise demand for AI-led transformation is rapidly accelerating," Natarajan said. Sector wise, GTT Data is focussing on transforming key sectors such as technology services, BFSI, retail, healthcare, and manufacturing. "These are industries where our Dual Intelligence model, combining human expertise with advanced AI, delivers measurable impact. Our flagship GAIN (GTT AI Accelerator Network) initiative is also accelerating this momentum by supporting over 100 emerging AI startups with mentorship, market access, and joint innovation opportunities," he added.
Entrepreneur
3 minutes ago
- Entrepreneur
Bhindi.io Secures USD 4 Mn Funding Led by Cyber Fund
The fresh capital will be directed towards product development, global market expansion, and scaling operations. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Agentic AI platform has raised USD 4 million in a pre-seed funding round led by Cyber Fund, an investor also known for backing Sowmay Jain's DeFi protocol According to the official statement, the fresh capital will be directed towards product development, global market expansion, and scaling operations. Founded earlier this year by entrepreneur Sowmay Jain, Bhindi is positioned as an AI-driven platform designed to replace multiple applications with a single unified interface. It provides access to more than 300 AI agents, enabling users to streamline workflows and focus on strategic tasks while the platform automates operational activities. Bhindi offers features such as real-time tracking of CoinDCX portfolio changes, profit and loss logging, and AI-powered Gmail alerts that provide market context for significant cryptocurrency movements. It can also review new GitHub pull requests, detect bugs or suggest improvements through Code Interpreter, and post detailed feedback before manual review. According to the company, Bhindi's background agents operate continuously, simulating human behavior to reduce micromanagement and workplace fatigue. This, it says, leads to higher productivity and lower friction for users. The platform has reportedly drawn thousands of users who have exchanged over 333,000 messages across more than 21,000 conversations and executed over 52,000 agent actions.
