'We will come together': US official on 50% tariff on India; calls Trump-PM Modi bond 'very good'
Wednesday, 27 August 2025 () Despite escalating trade tensions, a top US official expressed optimism about the future of US-India relations. US Treasury Secretary Scott Bessent highlighted the strong bond between President Trump and Prime Minister Modi. While dismissing the possibility of the rupee becoming a global reserve currency, India has initiated export promotion programs in 40 key markets.
President Trump has imposed 50% punitive tariffs on India, accusing New Delhi of “funding Russia’s war machine” through increased oil imports from Moscow. The move threatens $48.2 billion worth of Indian exports, with SBI warning of a 0.3–0.6% GDP hit. Prime Minister Narendra Modi has refused...
U.S. President Trump has once again claimed he stopped a potential nuclear war between India and Pakistan, saying he spoke with Prime Minister Modi to prevent escalation. The Indian government strongly..
India braces for export shock as 50% US tariff takes effect
The duty rate US President Donald Trump has placed on Indian goods is among the highest in the world.
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Credit: euronews (in English) Duration: 01:10Published
Secretary of State Marco Rubio turned heads at President Trump’s Cabinet meeting with a lighthearted Labor Day joke. Rubio quipped that this holiday is the “most meaningful” of his life as he..
Wednesday, 27 August 2025 ()
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