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Trump, Modi agree to talk in bid to resolve trade impasse
Fortune Asia· 2025-09-10 20:29
President Donald Trump and Indian Prime Minister Narendra Modi pledged to talk and resume trade negotiations, signaling a possible thaw after weeks of a blistering fight over tariffs and Russian oil purchases. “I am pleased to announce that India, and the United States of America, are continuing negotiations to address the Trade Barriers between our two Nations,” Trump wrote on social media Tuesday. “I look forward to speaking with my very good friend, Prime Minister Modi, in the upcoming weeks. I feel cer ...
President Trump imposes additional 25% tariff on goods from India over Russian oil purchases
CNBC Television· 2025-08-06 15:23
Some breaking news on trade this morning. Just crossing the wires. The White House says an additional 25% tariff will now be imposed on India.That brings the total tariff to 50%. All of that due to what the White House calls Russian oil purchases on behalf of India. We'll get some more details as we get to them as we get them.But we mentioned earlier uh with uh with Jim David that the relation between the US and India has become a little more fraught because India is in a position where they're saying you d ...
X @Bloomberg
Bloomberg· 2025-08-04 15:08
President Donald Trump said he would be “substantially raising” the tariff on Indian exports to the US over New Delhi’s purchases of Russian oil https://t.co/fQLREklyA5 ...