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A team of officials from the US is expected to visit India next week for talks on the proposed bilateral trade agreement, sources said on Thursday. The visit is crucial as India and the US are working to finalise the first tranche of the pact. "The team is likely to come next week. Dates are being finalised, and discussions are on," said one of the sources. This visit of the US officials would be the second after the imposition of a 25 per cent tariff and an additional 25 per cent penalty on Indian goods entering the American market for buying Russian crude oil. Earlier, the team had visited on September 16. On September 22, Commerce and Industry Minister Piyush Goyal also led an official delegation to the US for trade talks. He was accompanied by the then special secretary in the ministry, Rajesh Agrawal and other officials. Agrawal is now India's commerce secretary. The USA's Chief Negotiator for the pact is Brendan Lynch. The next week's visit would be important as Agrawal h
US President Donald Trump has said he settled tension between India and Pakistan after threatening the two countries with 350 per cent tariffs and claimed that Prime Minister Narendra Modi had called him to say we're not going to go to war. Trump has repeated the claim over 60 times that he helped settle tension between India and Pakistan in May this year even as India has consistently denied any third-party intervention. I'm good at settling disputes, and I've always been. I've done very well with that over the years, even before this. I was talking about the different wars India, Pakistan... they were going to go at it, nuclear weapons, Trump said on Wednesday. Speaking at the US-Saudi Investment Forum attended by visiting Crown Prince of Saudi Arabia Mohammed bin Salman, Trump said that he told the two nuclear-armed neighbours that they can go at it, but I'm putting a 350 per cent tariff on each country. No more trade with the United States. Claiming that both India and Pakistan
The US on Wednesday announced sanctions against 32 entities and individuals from several countries, including India and China for links to Iran's ballistic missile programme. The US state department said the action is in line with President Donald Trump's efforts to counter Iran's aggressive development of missiles and other asymmetric and conventional weapons. The US is today sanctioning 32 entities and individuals based in Iran, China, Hong Kong, the United Arab Emirates, Turkiye, India, and other jurisdictions that operate multiple procurement networks supporting Iran's ballistic missile and unmanned aerial vehicle (UAV) production, it said. It said the action supports the reimposition of UN sanctions and restrictive measures on Iran in September response to the country's "significant non-performance" of its nuclear commitments. US Under Secretary of the Treasury (terrorism and financial intelligence) John K Hurley said Iran exploits financial systems across the globe to launder