India, Trump and US
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U.S. President Donald Trump has announced additional 25% tariff on India for its purchases of Russian oil, bringing the combined tariffs imposed by the United States on its ally to 50%.
ABP News on MSN4h
India Watches Closely As Trump Signals Secondary Tariffs On Russian Oil Buyers May Be Avoided
His remarks came during an interview with Fox News on Friday while aboard Air Force One, as he travelled to Alaska for a high-stakes summit with Russian President Vladimir Putin.
Trade negotiations between India and the US have stalled, with significant implications for agricultural policies and tariffs on Indian goods.
Former National Security Adviser John Bolton said Wednesday that President Trump’s tariffs may push India further away from the U.S. and into deeper alliances with Russia and China. The president
The US delegation, led by Assistant Trade Representative Brendan Lynch, was expected to be in India from August 25 to 30. While five rounds of negotiations have been completed, the sixth round was considered critical to align both sides on sensitive issues.
Renowned economist and Columbia University Professor Jeffrey Sachs has strongly criticised the United States administration’s tariffs, terming them as pressure tactic on India.
The US said the the "historic relationship between the world’s largest democracy and the world’s oldest democracy is consequential and far-reaching".
Diamonds are a girl’s best friend and real friendship means unwavering loyalty, even in the face of astronomical levies. President Trump’s declaration of a 50% tariff on India, the world’s largest gemstone exporter,
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