Sunday, June 1, 2025

Creating liberating content

Baby names inspired by the stars Stars have fascinated humankind

Fasting may be viewed as a means of ONLY reducing

NEW DELHI: Pakistan violated the Indus Waters Treaty (IWT) through

Welcome to this week’s horoscope, where the celestial alignments offer

Related News

Baby names inspired by the stars Stars have fascinated humankind for centuries—guiding travelers, inspiring poets, and lighting up the night sky with wonder. Naming your baby boy after the stars

Fasting may be viewed as a means of ONLY reducing weight by some, but this practice has science-backed evidence when it comes to controlling other functions of the body like

NEW DELHI: Pakistan violated the Indus Waters Treaty (IWT) through “unrelenting cross-border terrorism”, India said at an international forum in Tajikistan and justified its action of putting the 1960 treaty

Welcome to this week’s horoscope, where the celestial alignments offer insight into the lives of the zodiac signs. From career and love to finances and health, these forecasts provide a

GORAKHPUR: All poultry shops in Gorakhpur in Uttar Pradesh were asked on Saturday to shut for 21 days following detection of avian influenza strains, H5N1 and H9N2, in bird samples

CHANDIGARH: The concept of “deemed confirmation” cannot override an employer’s power to analyse work, conduct and behaviour of a probationer to ensure suitability in service, the Punjab and Haryana high

Trending News

Finance minister Nirmala Sitharaman NEW DELHI: Finance Minister Nirmala Sitharaman on Saturday endorsed the Central Board of Indirect Taxes and Customs (CBIC) for its detailed clarification on social media allegations

NEW DELHI: Industry associations Solvent Extractors’ Association (SEA) and Indian Vegetable Oil Producers’ Association (IVPA) have welcomed the government’s decision to reduce the basic customs duty on crude edible oils

The upcoming hike in US tariffs on steel and aluminium imports, announced by President Donald Trump, is set to impact Indian metal exports worth $4.56 billion, according to a new

NEW DELHI: The Indian bond market is gaining momentum due to lower inflation and expectations that the Reserve Bank of India will cut interest rates, according to a report by

NEW DELHI: Bank branches in metropolitan areas have seen their share in overall credit decline to 58.7 per cent as of March 2025, down from 63.5 per cent five years

New Delhi: Banks across India will stay open on Saturday, May 31, as it is the fifth Saturday of the month.According to the Reserve Bank of India (RBI) guidelines, banks

Trump Recalls Reciprocal Tariff Talks With PM Modi

Word Count: 335 | Estimated Reading Time: 2 minutes




New Delhi:

In a joint televised interview with billionaire Elon Musk, US President Donald Trump made it clear that India will not be spared from Washington’s reciprocal tariffs. In a conversation with Fox News’ Sean Hannity, President Trump reiterated his stance on global trade and existing tariff structures between the US and its partners.

“I told Prime Minister (Narendra) Modi yesterday – he was here – I said, ‘Here’s what we’re going to do: reciprocal. Whatever you charge, I’m charging,'” President Trump said, recounting his conversation with the PM. “He (PM Modi) goes, ‘No, no, I don’t like that.’ ‘No, no, whatever you charge, I’m going to charge.’ I’m doing that with every country.”

India has some of the world’s highest tariffs on certain imports from the US, particularly in the automobile sector, where duties on foreign cars can reach up to 100 per cent. Mr Musk, sitting beside President Trump, confirmed this, saying, ” It’s 100 per cent – auto imports are 100 per cent.”

President Trump responded: “Yeah, that’s peanuts. So much higher. And others too.”

He argued that such tariffs make it nearly impossible for American companies to sell in India unless they establish manufacturing plants there, which he considers “unfair” to the US economy.

Under his proposed reciprocal tariff system, the US would impose the same level of tariffs on Indian imports as India levies on American goods. “Nobody can argue with me,” President Trump insisted. “If I said 25 per cent, they’d say, ‘Oh, that’s terrible.’ I don’t say that anymore… because I say, ‘Whatever they charge, we’ll charge.’ And you know what? They stop.”

This is not the first time President Trump has clashed with India over tariffs. During his first term, he often referred to India as the “tariff king”, citing high import duties on US goods. Following Prime Minister Modi’s recent visit to Washington, both countries committed to doubling bilateral trade to $500 billion by 2030 and negotiating a bilateral trade agreement (BTA) by Autumn 2025.




Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account