Page 13 - Donald Trump

Trump pushes efforts to secure critical minerals supply beyond China

The Trump administration is expected to unveil its grandest plan yet to rebuild supply chains of critical minerals needed for everything from jet engines to smartphones, likely through purchase agreements with partners on top of creating a $12 billion U.S. strategic reserve to help counter China's dominance. Vice President JD Vance is set to deliver a keynote address Wednesday at a meeting that Secretary of State Marco Rubio is hosting with officials from several dozen European, Asian and African nations. The US is expected to sign deals on supply chain logistics, though details have not yet been revealed. Rubio met Tuesday with foreign ministers from South Korea and India to discuss critical minerals mining and processing. The meeting and expected agreements will come just two days after President Donald Trump announced "Project Vault," or a stockpile of critical minerals to be funded with a $10 billion loan from the U.S. Export and Import Bank and nearly $1.67 billion in private ..

Sergio Gor key in India-US ties, has access to Trump: Ex-intel officer

Ex-US Marine intel officer Newsham said that Gor had a lot of vested power, and chose to come to India because he likes the country

Sam Altman chalks up unusual succession plan for ChatGPT parent OpenAI

Sam Altman also addressed ongoing tensions with Musk and the frequent criticism Musk directs at OpenAI, particularly around safety

Trump pushes plan for arch near Lincoln Memorial, citing disputed history

President Donald Trump says history is on his side. He wants to build a towering arch near the Lincoln Memorial and argues that the nation's capital first clamored for such a monument two centuries ago - even going so far as to erect four eagle statues as part of the project before being derailed by the attack on Fort Sumter. "It was interrupted by a thing called the Civil War, and so it never got built," Trump said aboard Air Force One as he flew to Florida last weekend. "Then, they almost built something in 1902, but it never happened." Trump's history is off - the eagles he references are actually part of a bridge connecting Virginia and Washington that was built decades after the Civil War. The closest Washington came to an arch was a wood and plaster construction built in 1919 to mark the end of World War I - and even that was always meant to be temporary. "For 200 years they've wanted to build an arc," Trump said, meaning an arch. "They have 57 cities throughout the world tha

India-US trade deal: Why Trump's $500-billion export claim raises doubts

Donald Trump's claim that India will buy $500 billion of US goods under a new trade deal dwarfs current trade flows and follows a familiar pattern from his earlier negotiations

India commits $500 bn investment, to end Russian oil purchases: White House

The White House has hailed a new trade agreement with India, saying the country has committed to "no longer" purchasing Russian oil, with Prime Minister Narendra Modi also agreeing on investments of USD 500 billion across key American sectors. These remarks were made by White House Press Secretary Karoline Leavitt on Tuesday. "The President struck another great trade deal with India. He spoke with Prime Minister Modi directly. They share a very good relationship. India is committed to not only no longer purchasing Russian oil, but buying oil from the United States, also perhaps from Venezuela too, which we know will now have a direct benefit on the United States and the American people," Leavitt told reporters Tuesday. She further said that in addition to that, Prime Minister Modi "committed to $500 billion of investments into the United States, including for transportation, for energy and for agricultural products as well. So this is another great trade deal thanks to President ...

Trump admin sued over $16 bn funding freeze for Hudson River tunnels

New York and New Jersey sued the Trump administration on Tuesday for freezing USD 16 billion in federal funding for a new rail tunnel under the Hudson River between the two states, seeking a quick ruling because construction that has been underway could be forced to shut down as early as Friday. The administration put a hold on the funding in September, citing the government shutdown. The White House budget director, Russ Vought, said on the social platform X at the time that officials believed the spending was based on unconstitutional diversity, equity and inclusion principles, and the US Department of Transportation said it was reviewing any "unconstitutional practices." The lawsuit, filed in federal court in Manhattan by New York Attorney General Letitia James and New Jersey Acting Attorney General Jennifer Davenport, asks a judge to declare the funding suspension unlawful and order payments to resume immediately so construction can continue without interruption. "Allowing this

Trump signs $1.2 trillion bill, ending partial US government shutdown

President Donald Trump signed a roughly USD 1.2 trillion government funding bill on Tuesday that ends the partial federal shutdown that began over the weekend and sets the stage for an intense debate in Congress over Homeland Security funding. The president moved quickly to sign the bill after the House approved it with a 217-214 vote. "This bill is a great victory for the American people," Trump said. The vote on Tuesday wrapped up congressional work on 11 annual appropriations bills that fund government agencies and programmes through September 30. Trump has said he will sign the bill when it reaches his desk, ending the partial government shutdown that began on Saturday. Passage of the legislation marked the end point for one funding fight, but the start of another. That is because the package only funds the Department of Homeland Security for two weeks, through February 13, at the behest of Democrats who are demanding more restrictions on immigration enforcement after the shoot

From the brink and back: How the India-US trade deal finally shaped up

After months of tariff shocks, stalled talks and diplomatic sparring, India and the US finally stitched together a trade deal that reshaped bilateral ties

Lower US tariffs help India, but diversification remains essential

US tariff relief lifts markets and sentiment, but India must use the trade deal to deepen reforms, attract capital flows and diversify exports

Patience over retaliation: India's long game with Trump has paid off

India and the US have entered a new phase in their relationship, marked by greater parity

'An important and positive first step': USISPF on US-India trade deal

The US-India Strategic Partnership Forum (USISPF) on Monday enthusiastically welcomes US President Donald Trump's announcement following his conversation with Prime Minister Narendra Modi, which reaffirms their shared commitment to deepen the USIndia economic partnership and advance a bilateral trade agreement. India and the US agreed on a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from the current 25 per cent, US President Donald Trump announced on Monday in a Truth Social post. USISPF said that the reduction of India's reciprocal tariff marks "an important and positive first step." "While the agreement's specifics are pending, today's announcement signals strong political will on both sides to move toward a comprehensive USIndia Bilateral Trade Agreement (BTA) that addresses tariffs, market access, non-tariff barriers, and other trade-related issues across a wide range of sectors," it said. A BTA between the two nations

Titan, Kalyan Jewellery soar up to 20% on India-US trade deal boost

Analysts believe that the gems and jewellery related sector is likely to benefit from the India-US trade deal.

Explained: What is Project Vault, Trump's $12 bn critical minerals plan?

The US government has rolled out Project Vault, a $12 billion scheme to stockpile rare earths and critical minerals, aiming to shield American companies from global supply disruptions

Infosys, Bhel, Arvind: Antique lists top gainers from India-US trade deal

The India-US trade deal, Antique believes, is significantly positive for Indian equities as FPI equity outflow of $34 billion since October 2024, the highest among emerging markets (EMs), may reverse

India, US agree to a trade deal; reciprocal tariff reduced to 18%: Trump

The announcement came after a phone call between Prime Minister Narendra Modi and Trump

Apex Frozen, Avanti Feeds hit 20% upper circuit on US tariff relief

Avanti Feeds hit a fresh life-time high at ₹960, while Apex Frozen Foods quoted at its highest level since September 2022 after the US President partly rolled back reciprocal tariffs on Indian imports

India-US trade deal: What tariffs are India's export competitors paying?

India-US trade deal: A closer look at how American tariffs on Indian exports compare with those faced by key rivals such as China, Vietnam, Mexico, Bangladesh across major sectors

India-US trade deal a win-win for citizens, industries, says Vaishnaw

Union Minister Ashwini Vaishnaw on Monday said the India-US trade agreement is a win-win deal which will benefit citizens and industries of both countries. Vaishnaw's remarks came soon after US President Donald Trump spoke to Prime Minister Narendra Modi and announced that India and the US have agreed on a trade deal. Under the agreed deal, Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from the current 25 per cent. Trump said India will move forward to reduce "tariffs and non-tariff barriers" against the US to zero, adding New Delhi would buy American goods, including energy, worth more than USD 500 billion. In a post on X, Vaishnaw, the Union minister for information and broadcasting, said, "Trade deal between the US and India will lead to a brighter future for both countries." "India-US trade deal is a win-win deal. Citizens and industries of both countries will benefit greatly from this deal," he said. Terming the US and India as the world's ..

India-US trade deal: Time to buy stocks; Nifty target 28,100, says Bernstein

Sector-wise, Financials, information technology (IT), and Telecom, they said, are the ways to participate in the market rebound