Page 14 - Us

Trump warns of July 9 tariff hike as Treasury Chief Bessent hints delay

Asked if the mid-July deadline was set in stone, Trump suggested he could even shorten the timeline for trading partners seeking deals

Govt will protect textile sector in US trade deal: Goyal tells export body

Commerce and Industry Minister Piyush Goyal has assured industry bodies that the government will protect the interests of the textiles and apparel sector in the proposed trade agreement with the US, AEPC said on Friday. Apparel Export Promotion Council (AEPC) Chairman Sudhir Sekhri said he, along with TEXPROCIL (Cotton Textiles Export Promotion Council) Chairman Vijay Agarwal, met the minister to apprise him of key concerns related to the proposed agreement. "The minister gave a patient hearing to the concerns raised and assured the delegation that the government is committed to protecting labour-intensive sectors during the ongoing negotiations under the India-US Bilateral Trade Agreement," the council said in a statement. The minister also reiterated that all necessary steps would be taken to ensure that India's interests, especially those of vulnerable sectors like textiles and apparel, are safeguarded. It further said that if the US will go ahead with the additional 26 per cent

US pulls funding from vaccines group; 'ignored the science', says RFK Jr

US Health Secretary Robert F Kennedy Jr said the country is pulling its support from the vaccines alliance Gavi, saying the organisation has ignored the science and lost the public trust. A video of Kennedy's speech was shown to participants at a Gavi meeting in Brussels on Wednesday, where the vaccines group was hoping to raise at least USD 9 billion for the next five years. Gavi is a public-private partnership including WHO, UNICEF, the Gates Foundation and the World Bank. It has paid for more than 1 billion children to be vaccinated through routine immunisation programmes, saving an estimated 18 million lives. The US has long been one of its biggest supporters; before Trump's re-election, the country had pledged USD 1 billion through 2030. Kennedy called on Gavi to re-earn the public trust and to justify the USD 8 billion America has provided in funding since 2001, saying officials must consider the best science available, even when that science contradicts established paradigms.

Young Muslims loved Zohran Mamdani, and their parents listened to them

Many Muslim Americans in New York City were impressed by Mr. Mamdani's campaign and thrilled at being able to see themselves reflected in a mayoral candidate

Trump declares Iran 'victory for everybody' despite concerns over damage

Trump said he was confident Tehran would not try to rebuild its nuclear sites and would instead pursue a diplomatic path towards reconciliation

FTAs with US, EU soon; exporters to get full govt backing: Sitharaman

Finance Minister says trade deals with US and EU near finalisation as she assures Indian exporters of full support amid global slowdown and volatile trade conditions

HAL to deliver six Tejas jets to IAF by March amid engine supply delays

The Hindustan Aeronautics Ltd (HAL) will seal a deal with US defence major GE Aerospace by March to jointly produce a jet engine to power the next generation of India's combat aircraft, the aviation behemoth's chief DK Sunil has said. The mega plan to jointly produce the F-414 engines in India was announced during Prime Minister Narendra Modi's visit to Washington DC in 2023, though the programme suffered from several slippages because of protracted negotiations on the sharing of advanced technologies. In an exclusive interview with PTI Videos, HAL Chairman and Managing Director Sunil said crucial negotiations with GE Aerospace on the transfer of technologies for the engines were concluded and both sides are now focusing on the commercial aspects of the project. "We are now discussing the ToT (transfer of technologies) principles. (We will have) 80 per cent transfer of technology. Those discussions are more or less over," he said. "Now we will be getting into the commercials. So, in

Trump's media company to buy back $400 million in shares amid stock slump

President Donald Trump's media company plans to buy back up to USD 400 million of its stock, which have lost 46 per cent of their value this year. Trump Media and Technology Group, which operates the Truth Social media platform, said Monday that the acquisition will improve its financial flexibility. It will retire the shares after they are purchased, meaning these particular shares can't be reissued. Companies can drive their stock higher by acquiring or removing the number of company shares outstanding. Trump is the largest stakeholder in Trump Media, with about 114 million shares. Shares of Trump Media rose just over 2 per cent Monday. But the shares appeared to peak about a month after the company went public in late March. Shares have been on a steady, downward trajectory since. The company said early this year that it lost USD 400.9 million in 2024 and its annual revenue declined 12 per cent to USD 3.6 million. After winning the US presidential election in November, Trump ..

India, US trying to finalise interim trade deal before Jul 9: Sources

India and the US are engaged in negotiations for an interim trade deal and are trying to finalise the pact before July 9, sources said on Monday. The high tariffs announced by the US on April 2 were suspended by the Trump administration till July 9. The US, on April 2, imposed an additional 26 per cent reciprocal tariff on Indian goods but suspended it for 90 days. However, the 10 per cent baseline tariff imposed by America remains in place. India is seeking full exemption from the additional 26 per cent tariff. "We are very keen, we are engaged, we are trying. Both sides are trying, but both sides have to be happy," sources said when asked if the two countries are keen to finalise an interim trade agreement by July 9. There are always certain areas which are difficult in a trade agreement, they added. Agriculture and dairy sectors are "difficult and challenging areas for India. And India has not opened up dairy in any of its free trade pacts," one of the sources said. The US wan

Iran's nuclear dreams may survive even a devastating American blow

Through revolution and upheaval, the program has become intertwined with the country's security and national identity

Global AI gap widens as compute power divides nations, economies

As countries race to power artificial intelligence, a yawning gap is opening around the world

Fake-out in the skies: How US fooled Iran before launching B-2 bombing raid

Using stealth, decoys, and surprise, the US executed its largest B-2 bomber raid till date on Iran's nuclear sites

The Pentagon Pizza Index: How pizza orders may predict global crises

A decades-old theory linking Pentagon-area pizza orders to looming global crises resurfaces, as late-night deliveries hint at military alert before Israel-Iran strikes

What Happens if Trump Decides to Strike Iran or Assassinate Its Leader?

If the United States bombs an underground uranium enrichment facility in Iran or kills the country's supreme leader, it could kick off a more dangerous and unpredictable phase in the war

US strike on Iran would expose limits of China's influence in region

China, which depends on Iran for oil and to counter American influence, has a lot to lose from a wider war. But there's not much it can do about it

Trump postpones TikTok ban for third time as deal with US firms stalls

President Donald Trump on Thursday signed an executive order to keep TikTok running in the US for another 90 days to give his administration more time to broker a deal to bring the social media platform under American ownership. It is the third time Trump has extended the deadline. The first one was through an executive order on Jan 20, his first day in office, after the platform went dark briefly when a national ban approved by Congress and upheld by the US Supreme Court took effect. The second was in April when White House officials believed they were nearing a deal to spin off TikTok into a new company with US ownership that fell apart after China backed out following Trump's tariff announcement. It is not clear how many times Trump can or will keep extending the ban as the government continues to try to negotiate a deal for TikTok, which is owned by China's ByteDance. While there is no clear legal basis for the extensions, so far there have been no legal challenges to fight .

By-elections, Trump takes U-turn, Microsoft layoffs, Khamenei's warning & more

conducted today amid tight security arrangements. Counting of votes is scheduled for June 23.

Who is Zohran Mamdani, Indian-origin assemblyman running for NYC mayor?

Zohran Mamdani, Indian-origin New York lawmaker and Democratic Socialist, is a key face in the NYC mayoral race scheduled for June 24

US set to drop daily alcohol limit from dietary guidelines: Report

The updated Dietary Guidelines for Americans, which could be released as early as this month, are expected to include a brief statement encouraging Americans to drink in moderation

US Supreme Court upholds Tennessee law banning youth transgender care

The court, in a 6-3 ruling powered by its conservative justices, decided that the ban does not violate the US