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US President Donald Trump has once again claimed to have resolved the war between India and Pakistan, saying that seven planes were shot down in the firing between the two countries without specifying to which nation they belonged. Speaking in an interview with Fox News broadcast on Sunday, Trump claimed that the threat of tariffs forced India and Pakistan to stop the war. The threat of tariffs, as an example, kept India and Pakistan, two nuclear nations, from going at it. They were going at it. Seven planes were shot down; that's a lot. And they were going at it. And that could have been a nuclear war, the US President said. Trump said Pakistan's Prime Minister Shehbaz Sharif praised him for saving millions of lives. The Prime Minister of Pakistan actually just said, Donald Trump, President Trump, saved millions of lives by getting that, he said. The US president said he threatened to impose 200 per cent tariffs on India and Pakistan, which forced them to stop the war. Trump sai
China and India should firmly oppose hegemony, power politics and any form of tariff and trade wars, Chinese ambassador Xu Feihong said on Tuesday amid New Delhi's frosty ties with the Trump administration after it doubled the levies on Indian goods to 50 per cent. In an address at an event, the envoy proposed a four-point approach to advance relations between India and China that included finding the "right way" to get along with each other in the spirit of mutual respect and trust. Xu said the two countries should not allow the boundary question to define the current China-India relations and that bilateral trade should be expanded as it has "great potential". The envoy's remarks came more than three weeks after Prime Minister Narendra Modi and Chinese President Xi Jinping held talks on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in China's Tianjin city. In the last few months, both sides have initiated a series of measures to reset their ties that came un
The Commerce Ministry will hold a series of meetings this week with exporters from various sectors, including chemicals, gems and jewellery, to discuss ways to boost exports to new markets to shield industries from the steep 50 per cent US tariffs on Indian goods, an official said on Wednesday. The official also said work is progressing fast on the formulation of the Export Promotion Mission, announced in the Budget for 2025-26. "In the next 2-3 days, the ministry will meet stakeholders on the diversification of exports," the official added. The steep 50 per cent tariff on Indian goods entering the United States, which came into effect from August 27, would impact exports worth more than USD 48 billion. The sectors which would bear the brunt of the high import duties imposed by the Trump administration include textiles/ clothing, gems and jewellery, shrimp, leather and footwear, animal products, chemicals, and electrical and mechanical machinery. Sectors such as pharma, energy ...