In a bid to extract concessions from New Delhi in months-long trade talks, Donald Trump announced that he will impose 25 percent tariffs on Indian exports to the US starting August 1. He also threatened to penalise India for its purchases of Russian oil. In this segment, we explain what the US hopes to achieve with this move – and why India isn’t rushing to strike a deal. Meanwhile, the US and South Korea have reached an agreement to lower US tariffs to 15 percent.
Trending
- ‘Cool in 90 seconds’ – the fake portable air conditioners sweeping the internet
- UK’s UFO hotspot revealed as cops finally break silence on string of mysterious sightings dating back seven decades
- Isa Hoes zei altijd ‘nooit’, maar krijgt nu een halslift: hoe het taboe op plastische chirurgie verdampt
- Taylor Swift-inspired cycle from Paris to London for Rori
- South Korea’s SK Hynix raises $26.5bn in record-breaking US IPO | Technology
- France book World Cup semi-final place with win over Morocco thanks to Mbappé, Dembélé
- Egypt’s wrath after World Cup exit: ‘The match was rigged’
- Nike and Adidas locked in World Cup standoff as tournament heats up
