General strike, protests paralyse Tunisia's Gabes over pollution crisis
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India has proposed a steep reduction in average tariffs on U.S. goods - from nearly 13% to under 4% - in a strategic move to secure exemption from current and future tariff hikes under President Donald Trump, according to Indian officials familiar with the talks.
India is prepared to significantly narrow its tariff gap with the United States, offering to reduce the average tariff differential from nearly 13% to less than 4%, sources revealed. The proposal aims to secure relief from President Donald Trump’s current and planned tariff increases as both nations accelerate efforts to finalize a trade agreement.
This potential 9-percentage point cut would mark one of India’s most sweeping reforms to lower trade barriers and comes amid Trump's global push for more reciprocal trade terms. The United States is India’s top trading partner, with bilateral trade totaling around $129 billion in 2024. India currently holds a $45.7 billion surplus in the trade relationship.
Trump recently secured what he called a “breakthrough deal” with the UK, keeping a 10% base U.S. tariff on British imports while reducing UK tariffs on American goods - an approach that may shape upcoming deals with other partners, including India.
India is now among the top candidates - along with Japan - to conclude a trade agreement during the Trump administration’s 90-day pause on broader reciprocal tariffs. As part of its current offer, New Delhi has proposed reducing duties to zero on 60% of tariff lines and providing preferential access on 90% of goods imported from the U.S., an official said.
Details of India’s comprehensive tariff offer, and what it expects in return from Washington, had not been made public until now. A delegation of Indian trade officials is expected to travel to the U.S. later this month to continue talks, with a possible visit by Trade Minister Piyush Goyal under consideration.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
The Ukrainian city of Chernihiv is in total blackout following what the authorities describe as a "massive" assault by Russian missiles and drones, with hundreds of thousands of people affected.
A planned summit between President Donald Trump and Russian President Vladimir Putin was paused on Tuesday after Moscow rebuffed calls for an immediate ceasefire in Ukraine, casting fresh doubt over hopes that another high-profile meeting might restart stalled peace efforts.
European nations are reportedly collaborating with Ukraine on a 12-point plan aimed at ending Russia’s conflict along the existing front lines, according to Bloomberg News on Tuesday.
Syrian civil defence teams have discovered a new mass grave east of Douma, near the capital Damascus, recovering the remains of 20 people — most of them women and children.
China’s imports of Russian crude oil increased in September, highlighting Beijing’s continued energy cooperation with Moscow despite persistent pressure from the United States to desist.
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