The pacts give Trump some clear wins, like the removal of many tariff and non-tariff barriers on US exports into those countries and pledges to spend billions of dollars on American goods
India's Ambassador to the United States, Vinay Mohan Kwatra, on Sunday discussed a mutually beneficial trade agreement, energy security and oil and gas trade with Jeanne Shaheen, Ranking Member of the Senate Foreign Relations Committee. Had a productive meeting with @SenatorShaheen, Ranking Member, Senate Foreign Relations Committee @SFRCdems. Our discussions focused on our work to arrive at a mutually beneficial trade arrangement, India's energy security and increasing oil and gas trade with the US, and shared geopolitical challenges in our region, Kwatra posted on social media. The Indian Ambassador also shared Indian Prime Minister Narendra Modi's stance on the Russia-Ukraine conflict. Also reiterated our PM's stance for peaceful resolution of conflict in Ukraine through constructive dialogue and diplomacy, Kwatra added. The meeting came in the backdrop of the proposed bilateral trade deal between India and the US, which, according to an official, is "very near" to concluding.
The United States would maintain a tariff rate of 19% on exports from all three countries under the deals, with the levy to be reduced to zero for some goods
Trump, who is in Kuala Lumpur to attend a summit of the Association of Southeast Asian Nations, signed reciprocal trade agreements with his Thai, Malaysian and Cambodian counterparts
Most issues have been resolved and talks are progressing smoothly, with the long-pending India-US trade deal expected to move to the approval stage soon
Only seasoned investors with high risk appetite and a long horizon should hold manufacturing funds within their satellite portfolios, say experts
President Donald Trump and Australian Prime Minister Anthony Albanese signed a critical-minerals deal at the White House on Monday as the US eyes the continent's rich rare-earth resources when China is imposing tougher rules on exporting its own critical minerals abroad. The two leaders described the agreement as a USD 8.5 billion deal between the allies. Trump said it had been negotiated over several months. In about a year from now we'll have so much critical mineral and rare earth that you won't know what to do with them," said Trump, a Republican, boasting about the deal. "They'll be worth USD 2. Albanese added that the agreement takes the US-Australia relationship to the next level. This month, Beijing announced that it will require foreign companies to get approval from the Chinese government to export magnets containing even trace amounts of rare-earth materials that originated from China or were produced with Chinese technology. The Trump administration says this gives Chin
On Wednesday, Agrawal had said that India is looking for a "win-win solution" for both sides in its trade talks with the US that would also address the "tariff issue"
Commerce Secretary Rajesh Agrawal to lead delegation for India-US trade talks in Washington this week, as both sides aim to finalise the first phase of the BTA by fall 2025
Sergio Gor meets PM Modi and senior officials ahead of India's participation in the Trump-El Sisi-led Gaza peace summit, with talks focusing on trade and defence
Major US online stores have removed millions of Chinese electronics banned by the FCC, including cameras and smart watches, as part of national security measures
Says no sector should be protected and markets need to be opened up globally
Lot of green mobility possibilities if there is more openness to Chinese tech
US signals softer dairy stance, eyeing premium cheese exports to India as trade talks restart; India wary of opening sensitive farm sector
Stocks to watch on Wednesday, September 10, Bajaj Auto: To fully pass on GST cut benefits; price reduction up to ₹20,000 on bikes and ₹24,000 on three-wheelers from September 22.
The order mentioned that Japan would also purchase US-made commercial aircraft, as well as United States defence equipment
He added, 'We will use the funds to build our energy infrastructure, chip manufacturing, critical minerals mining, and shipbuilding to name a few'
Union Minister Piyush Goyal said there is never a fixed timeline for negotiations and they should be conducted patiently with a long-term perspective
India-US trade deal: Trump said that India does a tremendous amount of business with the US, while the US does very little with India
Japan has cancelled a planned visit to Washington amid tensions over US demands for Tokyo to increase American rice imports