U.S. President Donald Trump said on Tuesday (9 September) his administration is continuing negotiations to address trade barriers with India and that he would talk to Prime Minister Narendra Modi, raising hopes of a deal after weeks of discord.
Modi reciprocated the optimism in a social media post on Wednesday (10 September), saying Washington and New Delhi "are close friends and natural partners."
He said teams from both countries are working to conclude the trade discussions at the earliest.
Trump last week said India had offered to reduce its tariffs on U.S. goods to zero, adding that the proposal was late and the South Asian country should have lowered its duties years ago.
India's chief economic adviser this week warned that Trump's 50% tariffs imposed on Indian exports to the U.S. could shave half a percentage point off India's gross domestic product this year.
Trump had promised for months that the two sides were close to clinching a trade deal, only to double new tariffs on Indian imports to 50%, sparking questions about the future of the U.S.-India relationship, which had strengthened in recent years, including during Trump's first term.
Trump imposed the higher tariffs on India after New Delhi refused to stop buying Russian oil in defiance of his efforts to end Moscow's war in Ukraine.
The Financial Times reported on Tuesday that Trump was pressing the European Union to impose 100% duties on imports from India and China.
U.S.-India two-way goods trade totaled $129 billion in 2024, with a $45.8 billion U.S. trade deficit, according to U.S. Census Bureau data.
Trump says U.S. found “major points of agreement” with Iran and has paused strikes on Iranian power plants, but Tehran denies any direc...
In a metro station in downtown Tehran, pictures of Iranian school children alleged to have been killed by&...
Chinese researchers have announced a major breakthrough in lithium battery technology - a development that could significantly improve the per...
Turkish authorities on Sunday arrested a reporter for allegedly spreading false information, sparking small demonstrations by journalists and civil...
As Denmark gears up for a general election on 24 March, opinion polls show a narrow lead for Prime Minister Mette Frederiksen, whose numbers have b...
In a metro station in downtown Tehran, pictures of Iranian school children alleged to have been killed by U.S.-Israel attacks are being displayed along the walls.
Turkish authorities on Sunday arrested a reporter for allegedly spreading false information, sparking small demonstrations by journalists and civil society groups in İstanbul and Ankara.
As conflict continues to unsettle the Middle East, airlines are being forced to make difficult, fast-moving decisions - redrawing flight paths and searching for safe skies. Amid this uncertainty, Azerbaijan has emerged as a crucial gateway linking Europe and Asia.
Four weeks into the U.S.-Israel war on Iran, military and civilian officials have strongly warned of immediate tit-for-tat attacks against U.S. targeting of its power plants in reaction to blocking of the strategic waterway of Strait of Horumz.
The pilot and co-pilot of an Air Canada Express regional jet were killed after it collided with a fire truck while landing at New York's LaGuardia airport late on Sunday, in an incident that closed the airport, authorities and U.S. media said.
U.S. President Donald Trump warned that American forces could target Iranian power plants if the strategic Strait of Hormuz remains closed, and Iran, in return, warned that any attack on its energy infrastructure would trigger strikes on regional facilities.
Trump says U.S. found “major points of agreement” with Iran and has paused strikes on Iranian power plants, but Tehran denies any direct talks or negotiations, contradicting U.S. claims - latest on Middle East conflict.
Iran has launched long-range and intermediate-range ballistic missiles towards the joint U.S.-UK military base on Diego Garcia in the Indian Ocean, in what Israeli officials said was a major escalation in the war.
Georgia bid farewell to Catholicos-Patriarch Ilia II on Sunday (22 March). He was considered one of the most influential spiritual leaders in the country’s modern history.
As Denmark gears up for a general election on 24 March, opinion polls show a narrow lead for Prime Minister Mette Frederiksen, whose numbers have been boosted by her firm stance against U.S. President Donald Trump’s push to annex Greenland to the U.S.
Former French Socialist prime minister Lionel Jospin has died at the age of 88, broadcaster BFM reported on Monday, citing party sources. The cause of death was not immediately known.
FinaFinal results from Slovenia’s parliamentary elections indicate a near tie between the Slovenian Democratic Party (SDS) and the liberal Freedom Movement Slovenia (GS), leaving neither side with a clear path to power.
Violent clashes broke out between police and opposition protesters in Tirana on Sunday (22 March) as demonstrators were demanding the resignation of the Albanian government following corruption allegations against the deputy prime minister.
In UK's capital, four ambulances belonging to a Jewish community organisation in north London were set ablaze, police said on Monday, adding that the incident was being treated as an antisemitic hate crime. Chief Rabbi Sir Ephraim Mirvis called the incident "sickening."
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment