Tag

Narendra Modi

All articles tagged with #narendra modi

US-India trade deal trims tariffs as Russia oil ties are cut
world25 days ago

US-India trade deal trims tariffs as Russia oil ties are cut

The US and India announced a trade pact reportedly brokered by President Trump in which India’s tariffs will drop to 18% from 25%, non-tariff barriers will be reduced toward zero, and a 25% tariff linked to Indian purchases of Russian oil will be removed; Modi praised the agreement, and a White House official confirmed the terms as India agrees to stop buying Russian oil and to buy more US goods.

Trump trims India tariffs to 18% after Modi agrees to halt Russian oil imports
global-trade25 days ago

Trump trims India tariffs to 18% after Modi agrees to halt Russian oil imports

US President Donald Trump said the United States will cut India’s tariffs from 50% to 18% after Narendra Modi allegedly agreed to stop buying Russian oil, a move that also includes a pledge for India to increase purchases of American goods; Modi hinted that Made in India products will face an 18% tariff. Analysts expressed skepticism about the $500 billion Buy American claim and questioned whether India will truly zero its tariffs for US goods, noting India’s still-strong oil ties with Russia and the likelihood that tariff reductions will be more limited in practice.

Xi and Modi Affirm Partnership Amid Global Tensions
world6 months ago

Xi and Modi Affirm Partnership Amid Global Tensions

At the SCO summit in Tianjin, Chinese President Xi Jinping and Indian Prime Minister Narendra Modi emphasized partnership over rivalry, with Xi highlighting the SCO's role in regional stability and economic development, while Modi expressed commitment to improving India-China relations. The summit also featured meetings between Xi and other leaders like Erdogan, Aliyev, and Pashinyan, and showcased China's efforts to strengthen ties with the Global South amid global tensions and US trade disputes.