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.
The U.S. and Israeli air war against Iran widened on Monday, with no end in sight as Israel atta...
The Israeli military has begun a new wave of strikes on Tehran, it said late on Monday. The strikes came after it issued...
Iran and its proxies could target the U.S. with attacks in response to the Saturday killing of Iranian...
The U.S. embassy in Riyadh was hit by two drones resulting in a limited fire and some material damage...
Israeli Prime Minister Benjamin Netanyahu said on Monday that the U.S. and Israel's war against&...
The U.S. and Israeli air war against Iran widened on Monday, with no end in sight as Israel attacked Lebanon in response to strikes by Hezbollah and Iran kept up its attacks on Gulf states that host U.S. military bases.
Iran and its proxies could target the U.S. with attacks in response to the Saturday killing of Iranian Supreme Leader Ali Khamenei by Israeli and U.S. strikes, according to a U.S. intelligence assessment reviewed by Reuters.
The U.S. embassy in Riyadh was hit by two drones resulting in a limited fire and some material damage, the kingdom's defence ministry said in a post on X on Tuesday, citing an initial assessment.
Israeli Prime Minister Benjamin Netanyahu said on Monday that the U.S. and Israel's war against Iran may take "some time" but it will not take years.
Follow the latest developments and global reaction after the U.S. and Israel launched “major combat operations” in Iran, prompting retaliation from Tehran.
Saudi Arabia’s state oil giant Saudi Aramco closed its Ras Tanura refinery on Monday following an Iranian drone strike, an industry source told Reuters as Tehran retaliated across the Gulf after a U.S.-Israeli attack on Iranian targets over the weekend.
The Kremlin is utilising the recent United States and Israeli military strikes on Iran to validate its ongoing war in Ukraine. Russian officials are pointing to the escalation in the Middle East as evidence that Western nations do not adhere to international rules.
The Middle East crisis intensifies after the deadly attack on the compound of the Supreme Leader of Iran Ali Khamenei on Saturday that killed him, other family members and senior figures. Iran has launched retaliatory strikes on U.S. targets in the region.
Ayatollah Alireza Arafi has moved into a pivotal constitutional role following the death of Supreme Leader Ayatollah Ali Khamenei, becoming the clerical member of Iran’s temporary leadership council under Article 111 of the Constitution of the Islamic Republic of Iran.
Former U.S. President Bill Clinton told lawmakers that President Donald Trump told him he had "some great times" with convicted sex offender Jeffrey Epstein before their relationship soured, according to a video released on Monday (2 March).
The U.S.-Iran crisis has entered its third day, with further strikes reported across the Middle East and the death toll rising. Oil prices have surged to levels last seen during the Covid-19 pandemic, raising fears of economic disruption and higher prices worldwide.
The UK said it's allowing the U.S. to use its bases for defensive strikes against Iran amid escalating missile attacks, after a suspected drone strike hit a British airbase in southern Cyprus, causing limited damage.
The Kremlin is utilising the recent United States and Israeli military strikes on Iran to validate its ongoing war in Ukraine. Russian officials are pointing to the escalation in the Middle East as evidence that Western nations do not adhere to international rules.
European Union stands with its member states in the face of any threat, EU Commission President Ursula von der Leyen said in response to the drone strike that hit Britain's Royal Air Force base of Akrotiri in southern Cyprus overnight.
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