Well, right now the tariffs are very high on India because of the Russian oil and they've stopped doing the Russian oil. It's it's been reduced very substantially. Yeah, we're going to be bringing the tariffs down.You know, we're making a deal with India, much different deal than we had in the past. So, right now they don't love me, but they'll love us again. Uh we're getting a fair deal, just a fair trade deal.We had pretty unfair trade deals. They're very good negotiators, sir. Just you have to take a loo ...

Trade Relations - The US President indicated a potential reduction in tariff rates on Indian goods, suggesting progress towards a trade agreement with India [1] - The US aims to achieve a "fair deal" with India in trade negotiations [1]

JUST IN: 🇺🇸🇮🇳 President Trump says he is 'close' to finalizing a new trade deal with India. https://t.co/4drFxYn6kx ...

JUST IN: 🇺🇸🇺🇿 President Trump announces $100 billion trade deal with Uzbekistan. ...

A ratified trade deal might eventually add more substance to Europe’s ties with Latin America as a whole. The relationship needs that https://t.co/bd55a5BttB ...

Trade Relations - A trade deal between America and China is a positive move [1] - Stable ground in trade relations is still a distant prospect [1]

Investment Rating - The report does not provide a specific investment rating for the industry Core Insights - The report highlights the ongoing geopolitical tensions and their impact on global trade, particularly between the United States and China, emphasizing the importance of maintaining economic ties despite political disagreements [7][84] - It discusses the financial challenges faced by Ukraine and the necessity for European nations to step up their support, framing it as an opportunity to shift the balance of power against Russia [67][72] - The report notes significant job cuts across major corporations, including Amazon and UPS, as companies adapt to economic pressures and the increasing use of AI [32][33][34] Summary by Sections Politics - The meeting between Donald Trump and Xi Jinping resulted in a temporary trade agreement, with China agreeing to postpone restrictions on rare earth exports and the U.S. halving tariffs on certain goods [7][84] - Ongoing peace talks between Afghanistan and Pakistan were reported, indicating a complex geopolitical landscape in the region [11] Business - The Federal Reserve cut interest rates to a range of 3.75% to 4%, signaling a cautious approach to economic recovery [29] - Amazon announced job cuts of 14,000 as part of its AI adoption strategy, with further reductions expected [32] - Nvidia reported $500 billion in orders for AI processors, reflecting strong demand in the tech sector [39] - Lukoil plans to sell most of its international assets due to U.S. sanctions, impacting global oil markets [40] - Westinghouse secured an $80 billion agreement to build nuclear reactors in the U.S., highlighting a push for energy independence [41]

🇺🇸🇨🇳 Treasury Secretary Bessent just said that the US and China plan to sign a trade deal in the coming week.US CHINA DEAL = MARKET WILL EXPLODE ...

NEW: 🇺🇸🇨🇳 Treasury Secretary Bessent says the U.S. and China plan to sign a trade deal "over the coming week." https://t.co/LdmtpLqaKp ...

Trade Policy - Trump aims to reduce tariffs on China by 10% [1] - The goal is to establish a lasting trade agreement with China [1] Market Impact - The market sentiment is bullish following Trump's announcement [1]