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US designates The Resistance Front as terrorist group

By Deepak Arora

WASHINGTON: US secretary of state Marco Rubio has said that designation of TRF as a terrorist organisation demonstrated President Donald Trump's call for justice for the Pahalgam attack. The US Department of State on Thursday added The Resistance Front (TRF) as a designated Foreign Terrorist Organization (FTO) and Specially Designated Global Terrorist (SDGT)....moreMore

Trump Snubs India, Signs Oil Deal With Pak

WASHINGTON, July 31: After announcing a 25 per cent 'reciprocal tariff' on his "friend" India, plus a penalty for buying Russian weapons and oil, Donald Trump said Thursday the US had struck a trade deal with Pakistan, including plans to develop its "massive" oil reserves.

A disgruntled Trump also took a shot at India - "maybe they (Pak) will sell oil to India" - over the continued purchase of Russian oil despite sanctions on Moscow for its war on Ukraine.

In a Truth Social post last night, Trump appeared to blame India (and China) for funding - by buying Russian crude - a conflict he once boasted he could end within 24 hours of being taking oath.

A disgruntled American President also slammed the Indian economy - the fourth largest in the world - as "dead" after failing to persuade Delhi to open its dairy and agriculture markets.

Meanwhile, Pak this morning said its deal will "result in a reduction of reciprocal tariffs, especially on exports to the US" but did not give details of what the lower rates would be.

The neighbouring country faced a 29 per cent tariff under rates announced in April. That rate was subsequently suspended for 90 days so the two sides could negotiate a new deal.

The US will help develop Pakistan's "massive" oil reserves.

'India, Russia Can Take Their Dead Economies Down Together': Trump

WASHINGTON, July 31: A day after announcing 25 per cent tariffs on imports from India, US President Donald Trump has dropped another bombshell. Hitting out at India and Russia, he has said he does not care about New Delhi's dealings with Moscow and that the two "can take their dead economies down together".

"I don't care what India does with Russia. They can take their dead economies down together, for all I care. We have done very little business with India, their tariffs are too high, among the highest in the world. Likewise, Russia and the USA do almost no business together. Let's keep it that way," he said in a post on Truth Social.

The US President targeted former Russian President Dmitry Medvedev for warning that Washington DC's "ultimatum game" with Russia could lead to war. "...and tell Medvedev, the failed former President of Russia, who thinks he's still President, to watch his words. He's entering very dangerous territory," the US President said.

The US President's remarks come a day after he announced 25 per cent tariffs on imports from India, plus a penalty for New Delhi's purchases from Russia.

"Remember, while India is our friend, we have, over the years, done relatively little business with them because their tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary trade barriers of any Country," Trump said, adding that the US has a "massive" trade deficit with India.

Disapproving of New Delhi's defence deals with Moscow, the US President said India has "always bought a vast majority of their military equipment from Russia". They "are Russia's largest buyer of energy, along with China, at a time when everyone wants Russia to stop the killing in Ukraine."

Since the war in Ukraine began, the Western powers have repeatedly scoffed at India buying Russian oil. External Affairs Minister Dr S Jaishankar has articulated the Indian position on this subject and said it was merely trying to get the best deal for its citizens. He has also pointed to the double standards of the West, saying that it needs to grow out of the mindset that "Europe's problems are the world's problems, but the world's problems are not Europe's problems."

Following Trump's announcement on tariffs, the government said it has "taken note" and is "studying its implications". "India and the US have been engaged in negotiations on concluding a fair, balanced and mutually beneficial bilateral trade agreement over the last few months. We remain committed to that objective. The Government attaches the utmost importance to protecting and promoting the welfare of our farmers, entrepreneurs, and MSMEs," the Ministry of Commerce and Industry said in a statement.

"The Government will take all steps necessary to secure our national interest, as has been the case with other trade agreements including the latest Comprehensive Economic and Trade Agreement with the UK," the government said.

Trump's fire at Medvedev, who has served as Russia's president and prime minister and is currently the Deputy Chairman of its Security Council, follows a post on X in which he flagged Trump's "ultimatum game" with Russia.

"Each new ultimatum is a threat and a step towards war. Not between Russia and Ukraine, but with (Trump's) own country," he said. The remark had followed Trump expressing disappointment over Russian President Vladimir Putin's failure to end the war in Ukraine. The US President had said he was reducing the deadline for a peace settlement from 50 days to 10 or 12.

6 Indian Companies Sanctioned By US Over Iran Petroleum Purchases

WASHINGTON, July 31: Six Indian companies are under the radar of the US Department of State. Their fault? They "engage in Iranian petroleum, petroleum products, or petrochemical trade". This reportedly violates American sanctions under Executive Order 13846. The US claims that the Iranian regime uses revenue to fuel conflict in the Middle East, fund terrorism, and oppress its people.

In a statement, the US Department of State spokesperson said, "The Iranian regime continues to fuel conflict in the Middle East to fund its destabilising activities. Today, the United States is taking action to stem the flow of revenue that the regime uses to support terrorism abroad, as well as to oppress its own people."

The US Department of State Wednesday announced sanctions on 20 entities, including six from India, for trading with Iran.

Alchemical Solutions Private Limited (Alchemical Solutions) faces the largest allegations, accused of importing and purchasing Iranian-origin petrochemical products worth over $84 million from multiple companies between January and December 2024.

Global Industrial Chemicals Limited (Global Industrial) is second on the list, accused of importing and purchasing Iranian products, including methanol, worth over $51 million between July 2024 and January 2025.

Jupiter Dye Chem Private Limited (Jupiter Dye Chem), an India-based petrochemical trading company, is accused of importing and purchasing Iranian-origin petrochemical products, including toluene, valued at over $49 million between January 2024 and January 2025

Ramniklal S Gosalia And Company (Ramniklal), another petrochemical company, allegedly imported and purchased Iranian products worth over $22 million, including methanol and toluene, between January 2024 and January 2025.

Persistent Petrochem Private Limited has imported approximately $14 million worth of shipments containing Iranian-origin petrochemicals, such as methanol, from multiple companies, including from Bab Al Barsha, a UAE-based commodities trading company, with shipping dates between October 2024 and December 2024, said the US.

Kanchan Polymers is said to have imported and purchased over $1.3 million worth of Iranian-origin petrochemical products, including polyethylene, from Tanais Trading.

All these Indian firms have been designated under section 3(a)(iii) of Executive Order 13846 for "knowingly engaging" in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petrochemical products from Iran.

Under the sanctions, all property and interests in property of these companies in the US or under the control of US persons are blocked. The sanction also blocks an entity or company which is 50 per cent or more owned by a person or company that is already blocked.

"All transactions by US persons or within (or transiting) the United States that involve any property or interests in property of designated or otherwise blocked persons are prohibited unless authorised by a general or specific license issued by OFAC or exempt. These prohibitions include the making of any contribution or provision of funds, goods, or services by, to, or for the benefit of any blocked person and the receipt of any contribution or provision of funds, goods, or services from any such person," the Department said.

The US Department of State clarified that the goal of sanctions is "not to punish, but to bring about a positive change in behavior."

Trump Declares 25% Tariffs Plus Penalty On India

WASHINGTON, July 30: India will pay a 25 per cent tariff on goods exported to the United States from August 1, Donald Trump decreed on Truth Social, the social media network owned by the US President, on Wednesday.

Trump also slapped a penalty on India - an unspecified amount above the 25 per cent - whom he called America's "friend", for buying "a vast majority of their military equipment" and oil from Russia.

August 1 was the deadline Trump had set for reciprocal tariffs on dozens of countries, including India. Higher levies had been announced in April but were then reduced and paused to allow for talks.

In a short, but characteristically loud, post this evening, the American President referred to India as "our friend" but complained of "far too high tariffs (that are) among the highest in the world".

He also complained about "strenuous and obnoxious non-monetary trade barriers".

And he also accused India and China of paying for Russia's war - a now three-year-old military conflict Trump claimed he could end within 24 hours of being sworn in on January 20.

"Remember, while India is our friend... we have, over the years, done relatively little business with them because their tariffs are far too high, among the highest in the world. And they have the most strenuous and obnoxious non-monetary trade barriers of any country."

"Also, they have always bought a vast majority of their military equipment from Russia, and are Russia's largest buyer of energy... at a time when everyone wants Russia to stop the killing in Ukraine. India will, therefore, be paying a tariff of 25 per cent, plus a penalty for the above, starting August 1..."

Earlier today Trump, returnning from his golf holiday to Scotland, told reporters, "India has been a good friend... but has charged basically more tariffs than almost any other country... you can't do that."

The announcement comes as India and the US try to push a trade deal over the finishing line.

US Trade Representative Jamieson Greer said Monday the Trump administration needs more time for talks with India to gauge the country's willingness to open its market more to American exports.

Those talks have stuttered over the US' demand for dairy and agriculture sector concessions. Those sectors are sensitive given the impact cheaper American products could have on Indian farmers.

Will Take Steps To Secure National Interest, Says India In Response To US Tariff

NEW DELHI, July 30: In its first response after Donald Trump's surprise announcement of a 25% tariff on goods exported to the US from India, plus a 'penalty', the Centre has said it is studying the implications of the move and will take all steps to "secure our national interest".

In a measured statement, in contrast to Trump's bombast, the Ministry of Commerce and Industry said it has taken note of the announcement and stressed that India remains committed to negotiating a fair bilateral trade agreement with the United States. It also noted that negotiations on the trade deal have been going on for months.

"The Government has taken note of a statement by the US President on bilateral trade. The Government is studying its implications. India and the US have been engaged in negotiations on concluding a fair, balanced and mutually beneficial bilateral trade agreement over the last few months. We remain committed to that objective," the ministry said in the statement on Wednesday evening.

Stressing that the Centre places the "utmost importance on protecting and promoting the welfare of" our farmers, entrepreneurs, and MSMEs (Micro, Small and Medium Enterprises), the ministry also made a reference to the recently concluded free trade agreement with the United Kingdom.

"The Government will take all steps necessary to secure our national interest, as has been the case with other trade agreements including the latest Comprehensive Economic and Trade Agreement with the UK," it added.

 

4 Killed In Shooting At New York City Office Building, Suspect Dead

NEW YORK, July 29: At least four people were reportedly killed, including a New York Police Department officer, in a shooting in New York's central Manhattan on Monday (local time). The shooter, identified as 27-year-old Shane Tamura from Las Vegas, has also died from what police said was a self-inflicted injury, New York police said.

According to investigators, the suspected gunman, who is now dead, had a concealed carry license for a handgun. He also had an expired private investigator license, per the CNN report.

The New York Post newspaper, citing unnamed police sources, reported that a gunman wearing a bullet-resistant vest and carrying an AR-style rifle had opened fire inside the Park Avenue skyscraper, in a crowded part of Midtown Manhattan, just blocks from Grand Central Station, Rockefeller Centre and the Museum of Modern Art.

The suspected shooter first exchanged fire with an NYPD officer in the lobby of 345 Park Avenue at around 6:40 pm. He then went up to the 33rd floor, before barricading himself inside the office tower, possibly on the 32nd floor of the building, provoking a lockdown in the area.

The NYPD received calls from both the 32nd and 33rd floors.

New York Mayor Eric Adams said on X that the officer had been "struck down" and expressed his "deepest sympathies" to the family of the officer.

Police wrote on X that the scene, around Park Avenue and East 51st Street, had been "contained and the lone shooter is dead," without providing details about the identity of the suspect.

A short time later, New York Police Commissioner Jessica Disch said on X: "At this time, the scene has been contained and the lone shooter has been neutralised." She gave no other details about the incident.

Fox News, citing the New York Police Department, reported that at least six people, including a police officer, were shot.

Police officers deployed a drone near Park Avenue at the height of the evening rush hour as dozens of officers swarmed the area, some carrying long guns and others wearing ballistic vests.

The skyscraper at 345 Park Avenue houses several financial firms, including Blackstone, the world's largest hedge fund, as well as KPMG and Deutsche Bank, along with the NFL headquarters. Located just south of Central Park, occupies a full city block and is one of the few buildings in the city with its own zip code.

The deadly shooting in New York today was the 254th mass shooting in the US this year, according to data from the Gun Violence Archive, a nonprofit that tracks gun-related violence.

The frontrunner in the race for mayor, Zohran Mamdani, wrote on X that he was "heartbroken to learn of the horrific shooting in midtown and I am holding the victims, their families, and the NYPD officer... in my thoughts."

New York Governor Kathy Hochul said she has been briefed on the shooting.

'Stop The Horrible Invasion': Trump's Big Immigration Warning For Europe

GLASGOW, July 26: US President Donald Trump on Saturday said that "immigration was killing" Europe and warned that it "needs to get its act together".

Speaking to reporters on the tarmac after disembarking from Air Force One in Scotland, he said that "many" European countries need to stop this "horrible invasion".

"On immigration, you better get your act together. You're not going to have Europe anymore. You got to get your act together," he said.

“You got to stop the horrible invasion that's happening to Europe, many countries in Europe,” Trump, whose father, Fred, and mother, Mary Anne MacLeod, emigrated to the US from Europe, said.

He also said that "some" leaders have not let it happen, and they're not getting the "proper" credit.

"I could name them right now, but I'm gonna embarrass other ones. This immigration is killing Europe," he added.

Trump also bragged about cracking down on the US-Mexico border.

"As you know, last month, we had nobody entering our country. We took out a lot of bad people that got there," he said.

According to the United Nations' 2020 estimates, about 87 million international migrants were living in Europe.

Trump has pursued a tough anti-immigration policy since he returned to the White House in January. He has vowed to lead the largest migrant deportation program in US history and has so far deported thousands of "aliens".

His hardline migration policy, however, has also triggered widespread protests in the US, which has the largest immigrant population in the world.

Donald Trump said he will visit his two golf properties in Scotland and hold meetings with UK Prime Minister Keir Starmer and European Commission President Ursula von der Leyen during his trip to Europe.

He said his meeting with Starmer would be more of a celebration of the trade deal already reached than continued work on it. "It's a great deal for both."

Trump will reportedly stay at his Turnberry property on Scotland's west coast this weekend and then travel on Monday to a golf property in Aberdeen, where he will open a second golf course named in honour of his mother, who was born and raised on a Scottish island before emigrating to the US.

He is also likely to meet Scottish leader John Swinney, who had backed Democratic candidate Kamala Harris in the 2024 US presidential election.

US Again Claims Role In India-Pakistan De-escalation

WASHINGTON, July 23: Washington once again claimed that the Trump administration played a key role in "de-escalations" between India and Pakistan in recent months, as part of its broader commitment to mediating disputes and advancing peaceful resolutions worldwide.

New Delhi, however, maintained that the truce with Pakistan following Operation Sindoor was reached at the request of Islamabad.

"Across the globe, the United States continues to work with parties to disputes, wherever possible, to find peaceful solutions," Washington's Representative Ambassador Dorothy Shea said at the UN Security Council open debate on 'Multilateralism and Peaceful Settlement of Disputes' held under Pakistan's presidency of the Council.

Pakistan, currently a non-permanent member of the 15-nation Council, is the President of the UN body for the month of July. Under its presidency, it is holding two "signature" events on 'Promoting International Peace and Security through Multilateralism and the Peaceful Settlement of Disputes' and on 'cooperation between the United Nations and regional and sub-regional organisations (Organisation of Islamic Cooperation).'

In a meeting presided over by Pakistan Deputy Prime Minister and Foreign Minister Ishaq Dar, the US Representative Ambassador said in the past three months alone, the US leadership has delivered "de-escalations between Israel and Iran, between the Democratic Republic of Congo and Rwanda, and between India and Pakistan".

"The United States, under President Trump's leadership, played an important role in encouraging the parties to reach these resolutions, which we applaud and support," she said.

Washington also called on all UN member states involved in disputes or conflicts to follow the example of those countries and to make every effort to resolve their disputes and cease violence, the diplomat said.

'5 Jets Were Shot Down': Trump Makes Another Op Sindoor Claim

WASHINGTON, July 19: US President Donald Trump on Friday claimed that "five jets were shot down" in the recent conflict between India and Pakistan following the Pahalgam terror attack. His remarks, made at a private dinner with Republican lawmakers at the White House, did not specify which country's aircraft were downed.

"In fact, planes were being shot out of the air. Five, five, four or five, but I think five jets were shot down actually," Trump said, referring to the brief but intense military exchange between the nuclear-armed neighbours.

The claim, while lacking in detail, brought back focus on Operation Sindoor, India's retaliatory military operation launched in early May following the deadly terror attack on April 22 in Jammu and Kashmir's Pahalgam. The attack killed 26 people, including tourists, prompting air and missile strikes that escalated over a four-day period.

Pakistan has consistently claimed that its air force downed Indian jets during the engagement, including three French-built Rafale fighters, and that it had captured Indian pilots. Islamabad has not provided any evidence to substantiate these claims.

India, in contrast, has largely refrained from detailing its losses. However, in the weeks following the ceasefire, Indian Chief of Defence Staff General Anil Chauhan acknowledged that the Indian Air Force (IAF) did lose aircraft but dismissed the Pakistani narrative of six Indian jets being destroyed.

"What is important is that, not the jet being down, but why they were being down," said General Chauhan at the Shangri-La Dialogue in Singapore in May. "Numbers are not important."

General Chauhan then went on to describe India's ability to quickly adapt tactics, learning from early errors, and launching successful subsequent waves of long-range precision strikes deep inside Pakistani territory.

"We were able to do precision strikes on heavily air-defended airfields of Pakistan deep 300 kilometres inside, with the precision of a metre," he said.

India has consistently said that no Rafale fighters were lost, and denied any Indian pilots were captured or detained.

On June 15, Eric Trappier, Chairman and CEO of Dassault Aviation, the French manufacturer of the Rafale, called Pakistan's claims "factually incorrect."

"What Pakistan is claiming about downing three Rafales is simply not true," Trappier said in an interview with French magazine Challenges. "What we already know is that what the Pakistanis are saying about destroying three Rafale planes is inaccurate. When the complete details are known, the reality may surprise many."

'Going To Have Access To India': Trump's Big Hint On Trade Deal

WASHINGTON, July 16: President Donald Trump has indicated that the ongoing negotiations between India and the US for a much-anticipated interim trade deal are on track and it could be sealed soon.

Trump said the proposed deal could provide American companies greater access to the Indian market in line with the trade pact between the US and Indonesia.

India and the US have been holding negotiations for the trade pact primarily to keep the tariffs below 20 per cent.

"We made a deal with Indonesia...We have full access into Indonesia," the US president told reporters.

The US president said his administration is going to announce a few other trade deals and mentioned India in that context.

Under the trade deal, Indonesia is giving the US access to the country, which we never had, Trump said.

"That's probably the biggest part of the deal...India is basically working along that same line. We are going to have access to India," he said.

Washington has already sent letters to several countries sharing details of reciprocal tariff rates that would come into effect on August 1.

New Delhi hopes it will be able to strike a deal with the US to avoid the reciprocal tariffs.

At the same time, India has indicated that it will not enter into the trade deal in a hurry.

India does not enter into any trade agreement based on deadlines and will accept the proposed trade deal with the US only when it is fully finalised, properly concluded and in the national interest, Commerce Minister Piyush Goyal said earlier this month.

An Indian commerce ministry team is in Washington for another round of talks on the proposed trade agreement.

India has hardened its position on the US demand for duty concessions on agri and dairy products. New Delhi has, so far, not given any duty concessions to any of its trading partners in a free trade agreement in the dairy sector.

New Delhi is seeking the removal of this additional tariff (26 per cent). It is also seeking the easing of tariffs on steel and aluminium (50 per cent) and the auto (25 per cent) sectors.

President Trump announced heavy tariffs on a number of countries, including India, on April 2. However, it was soon postponed for 90 days until July 9 and later to August 1.

Trump Threatens 'Very Severe Tariffs' On Russia If No Ukraine Deal

WASHINGTON, July 14: US President Donald Trump on Monday told Russia to resolve its Ukraine war within 50 days or face massive new economic sanctions as he laid out plans for new infusions of weaponry for Kyiv.

"We're very, very unhappy" with Russia, Trump told reporters as he met with NATO chief Mark Rutte in the White House.

"We're going to be doing very severe tariffs if we don't have a deal in 50 days, tariffs at about 100 percent," said Trump, adding that they would be "secondary tariffs" that target Russia's remaining trade partners -- thereby seeking to cripple Moscow's ability to survive already sweeping Western sanctions.

Trump and Rutte also unveiled a deal under which the NATO military alliance would buy arms from the United States -- including Patriot anti-missile batteries -- and then distribute them to Ukraine to help it battle Russia's invasion.

"This is billions of dollars worth of military equipment is going to be purchased from the United States, going to NATO... and that's going to be quickly distributed to the battlefield," Trump said.

Rutte, a former Dutch prime minister, said Ukraine would get "massive numbers" of weapons under the deal.

Trump launched a bid at rapprochement with Putin shortly after starting his second term in January, as he sought to honor his election campaign promise to end the Ukraine war within 24 hours.

His pivot towards Putin sparked fears in Kyiv that he was about to sell out Ukraine, especially after Trump and his team berated Ukrainian President Volodymyr Zelensky in the Oval Office in February.

But Trump has shown growing anger and frustration with Putin in recent weeks as the Russian leader, instead of halting his three-year invasion, instead stepped up attacks.

Trump added of Putin on Monday: "I don't want to say he's an assassin, but he's a tough guy."

Last week, Trump had teased an announcement on Monday on Russia. He then announced on Sunday that he would send vital Patriot air defense systems to Ukraine to help it fend off escalating barrages of Russian attacks.

Washington has also U-turned from an announcement earlier this month that it would pause some arms deliveries to Kyiv.

Rutte's visit to the White House is the first since the former Dutch prime minister described Trump as "daddy" at a NATO summit in The Hague in June.

Moscow has unleashed record waves of drone and missile strikes over the past few weeks, with the number of Ukrainian civilians killed or wounded in June hitting a three-year high, according to UN figures.

Trump's announcement on Monday came as his special envoy Keith Kellogg arrived in Kyiv to meet Zelensky.

Zelensky hailed the "productive meeting", saying they had discussed "strengthening Ukraine's air defense, joint production, and procurement of defense weapons in collaboration with Europe."

The Ukrainian leader also said he was "grateful to President Trump for the important signals of support and the positive decisions for both our countries."

Trump Slaps 30% Tariffs On European Union, Mexico

WASHINGTON, July 12: US President Donald Trump on Saturday announced he's levying tariffs of 30% against the European Union and Mexico.

Trump announced the tariffs on two of the United States' biggest trade partners in letters posted to his social media account.

In his letter to Mexico's leader, Trump acknowledged that the country has been helpful in stemming the flow of undocumented migrants and fentanyl into the United States. But he said the country has not done enough to stop North America from turning into a "Narco-Trafficking Playground."

"Mexico has been helping me secure the border, BUT, what Mexico has done is not enough," Trump added.

Trump in his letter to the European Union said that the US trade deficit was a national security threat.

"We have had years to discuss our Trading Relationship with The European Union, and we have concluded we must move away from these long-term, large, and persistent, Trade Deficits, engendered by your Tariff, and Non-Tariff, Policies, and Trade Barriers," Trump wrote in the letter to the EU. "Our relationship has been, unfortunately, far from Reciprocal."

Trump is in the midst of an announcement blitz of new tariffs with allies and foes alike, a bedrock of his 2024 campaign that he said would set the foundation for reviving a US economy that he claims has been ripped off by other nations for decades.

With the reciprocal tariffs, Trump is effectively blowing up the rules governing world trade. For decades, the United States and most other countries abided by tariff rates set through a series of complex negotiations known as the Uruguay Round. Countries could set their own tariffs, but under the "most favoured nation'' approach, they couldn't charge one country more than they charged another.

With Saturday's letters, Trump has now issued tariff conditions on 24 countries and the 27-member European Union.

The European Union's chief trade negotiator said earlier this week that a trade deal to avert higher tariffs on European goods imported to the US could be reached "even in the coming days."

Maros Sefcovic told EU lawmakers in Strasbourg, France on Wednesday that the EU had been spared the increased tariffs contained in the letters Trump sent on Monday, and that an extension of talks would provide "additional space to reach a satisfactory conclusion."

The bloc collectively sells more to the US than any other country. US goods imports from the EU topped $553 billion in 2022, according to the Office of the US Trade Representative.

Trump on April 2 proposed a 20% tariff for EU goods and then threatened to raise that to 50% after negotiations did not move as fast as he would have liked. Sefcovic did not mention any tariff figures.

The higher tariffs as well as any EU retaliation had been suspended as the two sides negotiate. However the base rate of 10% for most trade partners as well as higher rates of 25% on autos and 50% on steel and aluminum had gone into effect.

Trump backs 500% tariff on India's Russian oil trade to pressure Putin

WASHINGTON, July 10: US President Donald Trump said he is strongly considering supporting a proposed sanctions bill aimed at pressuring Russian President Vladimir Putin to end the war in Ukraine. The legislation, known as the Sanctioning Russia Act of 2025, includes a provision to impose a 500 per cent tariff on countries like India and China that continue purchasing Russian energy products.

“I’m looking. It’s totally my option. They pass it totally at my option, and to terminate totally at my option. And I’m looking at it very strongly,” Trump told reporters during a Cabinet meeting.

Trump also expressed growing frustration with Putin for prolonging the conflict in Ukraine. He recently instructed the US Department of Defence to send more defensive weapons to Ukraine, signalling a harder stance, according to the Associated Press.

What does the Sanctioning Russia Act propose?

Introduced in April by Senator Lindsey Graham, a close Trump ally, the bill proposes sweeping penalties on countries that continue importing Russian-origin oil, natural gas, uranium, or petroleum products. It also includes provisions for broader sanctions against Russian companies, state institutions, and senior officials.

In a June 30 interview with ABC News, Graham said Trump had encouraged legislators to push the bill forward. “This is a big breakthrough,” he stated, noting that the bill would strengthen Trump’s hand in future negotiations with Putin.

India, China in focus as top buyers of Russian oil

Graham clarified that the bill targets countries whose oil purchases help fund Russia’s war effort. “If you are buying products from Russia and you are not helping Ukraine, then there’s a 500 per cent tariff on your products coming into the United States,” he said. He cited that India and China account for roughly 70 per cent of Russia’s oil exports.

Donald Trump can grant limited waivers under the bill

The legislation includes a provision allowing the US President to issue a one-time, 180-day waiver to any country, based on national security interests. According to a Hindustan Times report, lawmakers are also considering amendments that would allow a second waiver under certain conditions.

Trump's 50% Tariff On Copper, 200% Pharma Warning: How It Impacts India

WASHINGTON, July 9: US President Donald Trump has announced new 50 per cent tariffs on copper, after having implemented similar duties on steel and aluminium imports. He also warned that the duties on pharmaceuticals imported by the United States could increase by as much as 200 per cent after a year.
The US President clarified that he would not extend an August 1 deadline for higher US tariffs to take effect on dozens of economies across the globe.

The move is significant for New Delhi, as the US is India's largest overseas market for pharmaceuticals and a major exporter of copper and copper products.

"Today we're doing copper. I believe the tariff on copper, we're going to make it 50 per cent," Trump told a cabinet meeting Tuesday.

The copper levy would broaden a slate of sector-specific actions the Republican has imposed since returning to the White House and sent prices for the metal soaring.

Commerce Secretary Howard Lutnick told CNBC shortly afterwards that the rate would likely be implemented at the end of July or on August 1.

Trump also said Washington would soon make an announcement on pharmaceuticals, but officials would allow manufacturers time to relocate their operations into the country.

"We're going to give people about a year, a year and a half to come in, and after that, they're going to be tariffed. They're going to be tariffed at a very, very high rate, like 200 per cent," he said.

In recent months, Trump has ordered probes into imports of copper, pharmaceuticals, lumber, semiconductors and critical minerals that could lead to further levies.

Lutnick told CNBC that the studies on pharmaceuticals and semiconductors would be completed by the end of the month, with Trump to set policies thereafter.

Trump also reiterated his threat of imposing a 10 per cent tariff on BRICS, saying the bloc was "not a serious grouping". However, he acknowledged that it is challenging the US dollar. "It's alright if you want to challenge the dollar. But they will have to pay the tariffs. I don't think they want that," he said.

How These Tariffs Will Impact India

India exported $2 billion worth of copper and copper products globally in 2024-25. Of this, exports to US markets amounted to $360 million, or 17 per cent. America is India's third-largest market for copper exports after Saudi Arabia (26 per cent) and China (18 per cent), according to trade data.

But copper is a critical mineral and is extensively used across sectors, including energy, manufacturing, and infrastructure. Any decline in US demands following new tariffs is likely to be absorbed by the domestic industry.

Where it might hurt India the most is the pharmaceutical sector. The US is India's largest overseas pharma market, with exports rising to $9.8 billion in FY25, up 21 per cent from $8.1 billion the previous year. This accounts for a total of 40 per cent of India's total pharma exports.

A 200 per cent levy on the sector could severely impact demand, especially as India's generics industry plays a key role in supplying affordable medicines in the United States.

India is in the process of closing a mini-trade deal with the US, and all sectoral tariffs are likely to be covered under it. If the deal is finalised before the August 1 deadline, the new tariffs are likely not to impact Indian markets.

'Close To Making Deal With India': Trump As He Slaps Tariffs On 14 Countries

WASHINGTON, July 8: Even as the US slapped fresh tariffs on several nations, US President Donald Trump on Tuesday said Washington was close to making a trade deal with India. Trade negotiators from Washington and New Delhi are pushing to finalise a tariff-reducing deal, but disagreements over dairy and agriculture sectors are delaying the process.

"We've made a deal with the United Kingdom, we've made a deal with China, we've made a deal - we're close to making a deal with India...Others we met with, we don't think we're going to be able to make a deal. So we just send them a letter," he said at the White House.

Trump's remarks came after the US unveiled the first in a wave of promised letters that threaten to impose higher tariff rates on key trading partners, including Bangladesh, Thailand, South Korea and Japan, to come into effect starting August 1.

"We're sending out letters to various countries telling them how much tariffs they have to pay. Some will maybe adjust a little bit depending if they have a cause, we're not going to be unfair about it," the US President said.

Texas Flood Deaths Rise To 109, Over 160 Still Missing

HUNT, Texas, July 9: More than 160 people remain unaccounted for after devastating floods in Texas, the state governor said Tuesday, marking a dramatic increase in the number of missing from a tragedy that has so far claimed 109 lives.

Four days after flash floods roared through several Texas counties, some in the middle of the night, hopes of finding survivors were fading -- and Governor Greg Abbott warned that the list of those unaccounted for could yet rise.

"Just in the Kerr County area alone, there are 161 people who are known to be missing," he told reporters Tuesday as the grim search continued.

"There very likely could be more added to that list," he said, adding that the figure was based on people reported as unaccounted for by friends, relatives and neighbors.

Kerr County, part of a central Texas region known as "Flash Flood Alley," suffered the most damage, with at least 94 fatalities.

That includes at least 27 girls and counsellors who were staying at a youth summer camp on the Guadalupe River when it burst its banks as the Fourth of July holiday began in the early hours of Friday.

‘Dollar is king’: Trump says BRICS including India will face 10% tariff

WASHINGTON, July 8: US President Donald Trump on Tuesday warned that BRICS nations, including India, would face a 10 per cent tariff if they challenge the dominance of the US dollar, which he called “king.”

Taking aim at the bloc, Trump alleged that BRICS was “set up to hurt us, to degenerate our dollar,” and added that countries seeking to undermine the dollar would have to “pay a big price.”

“They will certainly have to pay 10% if they are in BRICS because BRICS was set up to hurt us, to degenerate our dollar... The Dollar is king. We are going to keep it that way. If people want to challenge it, they can. But they will have to pay a big price. I don't think any of them are going to pay that price,” Trump told reporters.

Japan, Bangladesh, South Korea: 14 Countries Facing Trump's New Tariffs

WASHINGTON, July 8: US President Donald Trump reignited his trade war on Monday as he unveiled the first in a wave of promised letters that threaten to impose higher tariff rates on 14 trading partners, with the highest rate of 40 per cent imposed on Myanmar and the Lao People's Democratic Republic.

The US leader, however, said he was still open to additional negotiations, indicating that he may be flexible on his new August 1 deadline to reach deals.

Trump also said that "for the most part," he was content to simply impose higher tariff rates, even as he indicated that he was continuing negotiations, including talks with India that could soon be wrapped up.

"We've made a deal with the United Kingdom, we've made a deal with China, we've made a deal - we're close to making a deal with India...Others we met with, we don't think we're going to be able to make a deal. So we just send them a letter," the Republican said.

List Of Countries Trump Sent Letters To

Laos- 40 per cent tariffs
Myanmar- 40 per cent tariffs
Thailand- 36 per cent tariffs
Cambodia - 36 per cent tariffs
Bangladesh - 35 per cent tariffs
Serbia - 35 per cent tariffs
Indonesia - 32 per cent tariffs
South Africa- 30 per cent tariffs
Bosnia and Herzegovina- 30 per cent tariffs
Malaysia- 25 per cent tariffs
Tunisia- 25 per cent tariffs
Japan- 25 per cent tariffs
South Korea- 25 per cent tariffs
Kazakhstan- 25 per cent tariffs

Trump, however, teased the possibility of additional negotiations and delays, saying the August 1 deadline was "not 100 per cent firm", signalling he was open to continuing to tweak the rates.

"Maybe adjust a little bit, depending...We're not going to be unfair," Trump said, indicating he would look favourably on countries continuing to offer additional concessions.

The US has reached only two agreements so far, with Britain and Vietnam.

Trump also warned that any reprisal steps by trading partners would be met with a like-for-like response.

"If for any reason you decide to raise your Tariffs, then, whatever the number you choose to raise them by will be added onto the 25 per cent that we charge," he said in letters, released on his Truth Social platform, to Japan and South Korea.

The higher tariffs take effect August 1, and notably will not combine with previously announced sector tariffs such as those on automobiles and steel and aluminium. That means, for instance, that Japanese vehicle tariffs will remain at 25 per cent, rather than the existing 25 per cent auto sector tariff, climbing to 50 per cent with the new reciprocal rate -- as has occurred with some of Trump's tariffs earlier.

The rate for South Korea is the same as Trump initially announced, while the rate for Japan is 1 point higher than the one announced on April 2. A week later, he had capped all of the so-called reciprocal tariffs at 10 per cent until July 9.

The clock has been ticking for countries to conclude deals with the US after Trump unleashed a global trade war in April that has roiled financial markets and sent policymakers scrambling to protect their economies. Trading partners got another reprieve as Trump signed an executive order on Monday extending the Wednesday deadline for negotiations to August 1.

Trump issues letters, says US will impose 25% tariffs on Japan, South Korea

WASHINGTON, July 7: US President Donald Trump on Monday said he would impose a 25 per cent tariff on goods from Japan and South Korea starting on August 1.

The latest tariff announcement comes as Trump said he would be posting letters to the leaders of a dozen countries on Monday.

The US president announced the decision on his social media platform Truth Social, where he posted copies of letters that he sent to the leaders of each country.

India is also likely to get the highly anticipated tariff letter from the US President today. New Delhi and Washington have been locked in detailed negotiations for a bilateral trade agreement.

The deal between the two countries is set to be finalised ahead of the July 9 deadline, after which the 26 per cent tariff on India (16 per cent impending and 10 per cent existing) will kick in.

Trump's 'Anti-American' Jibe At BRICS And An Extra 10% Tariff Warning

WASHINGTON, July 7: President Donald Trump said he would put an additional 10% tariff on any country aligning themselves with "the Anti-American policies of BRICS," injecting further uncertainty into global trade as the US continues to negotiate levies with many trading partners.

"Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff," Trump said Sunday night in a Truth Social post. "There will be no exceptions to this policy."

The comments come as the US prepares to send tariff letters to dozens of countries in the coming days, with the Trump administration's 90-day pause on higher duties set to expire on Wednesday. Trump said in a separate post that the letters would start being delivered from noon Monday, Washington time.

BRICS, a grouping of nations that includes Brazil, China, South Africa and India, held a meeting over the weekend, where leaders condemned US and Israeli attacks on Iran and called on Prime Minister Benjamin Netanyahu's government to withdraw troops from the Gaza Strip. They urged a "just and lasting" resolution to conflicts across the Middle East. Chinese Premier Li Qiang and Indian Prime Minister Narendra Modi were among those attending the summit.

Trump's post didn't specify which policies he considers "Anti-American," nor did it provide details on when any of those tariffs might be imposed. He has previously threatened to slap 100% levies on BRICS if they ditch the US dollar in bilateral trade. The pushback, in turn, has spurred interest in developing local payment systems and other instruments that can facilitate commerce and investment between the nations.

On Sunday, BRICS leaders agreed to continue talks on a cross-border payment system for trade and investment - a project they've been discussing for a decade, though progress has been slow.

Chinese Premier Li on Sunday said BRICS countries should take the lead in advancing reforms in global governance and championing the peaceful resolution of international disputes.

"Today's world is more turbulent, with unilateralism and protectionism on the rise," Li said. "China is willing to work with BRICS countries to promote global governance in a more just, reasonable, efficient and orderly direction."

China's Ministry of Foreign Affairs didn't immediately respond to a request seeking comment on Trump's latest post.

Elon Musk launches 'America Party', hints at election plans

NEW YORK, July 6: Elon Musk, a former ally of US President Donald Trump, has launched his own America Party aimed at challenging the ‘one-party system,’ which Musk describes as "formed to give you back your freedom," following a strained relationship and public fallout with Trump.

Musk's announcement has raised questions about whether he plans to run for president in 2028 or who else might lead the new party. When a user on X asked him, "Midterms or 2028?" Musk replied, "Next year."

Musk has said in 2024 that he cannot be president beacuse of his 'African' birth. He also said at the time, “My grandfather was American, but I was born in Africa, so I cannot be president.”

While campaigning for the 2025 elections alongside Trump last year, Musk made his political ambitions clear when he said, “ I actually don’t want to be president. I want to build rockets and cars.”

According to US constitution's Article II Section 1, Musk is not eligible to contest elections. The Article II, Section 1 of the US Constitution requires presidential candidates to be natural-born citizens, which legally disqualifies Musk from running for the nation’s highest office.

Musk posted a poll on US Independence Day in which he asked that whether respondents “want independence from the two-party (some would say uniparty) system" that has dominated US politics for some two centuries.

Around 1.2 million responses were received on this survey. “By a factor of 2 to 1, you want a new political party and you shall have it!" he posted on Saturday.

Death toll from Texas floods reaches 67, including 21 children

HUNT, Texas, July 6: The death toll from catastrophic floods in Texas reached at least 67 on Sunday, including 21 children, as the search for girls missing from a summer camp entered a third day.

Larry Leitha, the Kerr County Sheriff in Texas Hill Country, the epicenter of the flooding, said the death toll in Kerr County had reached 59, including the 21 children.

Leitha said 11 girls and a counselor remained missing from a summer camp near the Guadalupe River, which broke its banks after torrential rain fell in the central Texas area on Friday, the U.S. Independence Day holiday.

Trump signs ‘take it or leave it’ tariff letters for 12 countries; offers to be sent out Monday

WASHINGTON, July 5: U.S. President Donald Trump said he had signed letters to 12 countries outlining the various tariff levels they would face on goods they export to the United States, with the "take it or leave it" offers to be sent out on Monday.

Trump, speaking to reporters aboard Air Force One as he traveled to New Jersey, declined to name the countries involved, saying that would be made public on Monday.

Trump had earlier on Thursday told reporters that he expected a first batch of letters to go out on Friday, a national holiday in the United States, though the date has now shifted.

In a global trade war that has upended financial markets and set off a scramble among policymakers to guard their economies, Trump in April announced a 10% base tariff rate and additional amounts for most countries, some ranging as high as 50%.

However, all but the 10% base rate were subsequently suspended for 90 days to allow more time for negotiations to secure deals.

That period ends on July 9, although Trump early on Friday said the tariffs could be even higher - ranging up to 70% - with most set to go into effect August 1.

"I signed some letters and they'll go out on Monday, probably twelve," Trump said, when asked about his plans on the tariff front. "Different amounts of money, different amounts of tariffs."

Trump and his top aides initially said they would launch negotiations with scores of countries on tariff rates, but the U.S. president has soured on that process after repeated setbacks with major trading partners, including Japan and the European Union.

He touched on that briefly late on Friday, telling reporters: "The letters are better ... much easier to send a letter."

He did not address his prediction that some broader trade agreements could be reached before the July 9 deadline.

The shift in the White House's strategy reflects the challenges of completing trade agreements on everything from tariffs to non-tariff barriers such as bans on agricultural imports, and especially on an accelerated timeline.

Most past trade agreements have taken years of negotiations to complete.

The only trade agreements reached to date are with Britain, which reached a deal in May to keep a 10% rate and won preferential treatment for some sectors including autos and aircraft engines, and with Vietnam, cutting tariffs on many Vietnamese goods to 20% from his previously threatened 46%. Many U.S. products would be allowed to enter Vietnam duty free.

A deal expected with India has failed to materialize, and EU diplomats on Friday said they have failed to achieve a breakthrough in trade negotiations with the Trump administration, and may now seek to extend the status quo to avoid tariff hikes.

Trump signs sweeping tax and spending bill into law

WASHINGTON, July 5: US President Donald Trump has signed his landmark policy bill into law, a day after it was narrowly passed by Congress.

The signing event at the White House on Friday afternoon enacts key parts of the Trump agenda including tax cuts, spending boosts for defence and the immigration crackdown.

There was a celebratory atmosphere at the White House as Trump signed the bill ahead of Independence Day fireworks and a military picnic attended by the pilots who recently flew into Iran to strike three nuclear sites.

Trump told supporters it will unleash economic growth, but he must now convince sceptical Americans as polling suggests many disapprove of parts of the bill.

Several members of his own Republican party were opposed because of the impact on rising US debt and Democrats warned the bill would reward the wealthy and punish the poor.

The 870-page package includes:

extending 2017 tax cuts of Trump's first term
steep cuts to Medicaid spending, the state-provided healthcare scheme for those on low incomes and the disabled
new tax breaks on tipped income, overtime and Social Security
a budget increase of $150bn for defence
a reduction in Biden-era clean energy tax credits
$100bn to Immigration and Customs Enforcement (ICE)

Moments before the bill signing, there was a fly-by of a pair B-2 bombers - the same kind of aircraft that participated in the Iran operation - flanked by highly advanced F-35 and F-22 fighter aircraft.

In a speech from the White House balcony facing the South Lawn, Trump thanked Republican lawmakers who helped usher the bill to his desk. He touted the tax cuts in the bill, brushing aside criticism of the impact to social programmes such as food assistance and Medicaid.

"The largest spending cut, and yet, you won't even notice it," he said of the bill. "The people are happy."

Additionally, Trump praised additional resources being given to border and immigration enforcement and an end to taxes on tips, overtime and social security for senior citizens, which he says the bill will fulfil.

The celebratory mood follows days of tense negotiations with Republican rebels in Congress and days of cajoling on Capitol Hill, sometimes by the president himself.

Texas flash floods: 27, including 9 children, dead

AUSTIN, July 5: The death toll from flash floods in Texas has risen to 27 from 24, authorities said on Saturday. Among the victims, nine are children, according to a Reuters report.

The rise in fatalities comes as search operations continue for dozens of girls who went missing from the Mystic summer camp. Between 23 and 25 individuals, most of them young girls, are still unaccounted for, the report added.

Meanwhile, around 800 people have been evacuated from Kerr County, according to the sheriff’s office.

The US National Weather Service said the flash flood emergency has largely ended for Kerr County, the epicenter of the flooding, following thunderstorms that dumped as much as a foot of rain early on Friday.

A flood watch, however, remains in effect until 7 p.m. on Saturday from the San Antonio-Austin, Texas, region, with scattered showers expected throughout the day, said Allison Santorelli, a meteorologist with the NWS Weather Prediction Center in College Park, Maryland.

Expect Hamas Decision In 24 Hours On 'Final' Peace Proposal: Trump

WASHINGTON, July 4: US President Donald Trump said on Friday it would probably be known in 24 hours whether the Palestinian militant group Hamas has agreed to accept what he has called a "final proposal" for an Israel-Hamas ceasefire in Gaza.

The president also said he had spoken to Saudi Arabia about expanding the Abraham Accords, the deal on normalization of ties that his administration negotiated between Israel and some Gulf countries during his first term.

Trump said on Tuesday Israel had accepted the conditions needed to finalise a 60-day ceasefire with Hamas, during which the parties will work to end the war.

He was asked on Friday if Hamas had agreed to the latest ceasefire deal framework, and said: "We'll see what happens, we are going to know over the next 24 hours."

A source close to Hamas said on Thursday the Islamist group sought guarantees that the new US-backed ceasefire proposal would lead to the end of Israel's war in Gaza.

Two Israeli officials said those details were still being worked out. Dozens of Palestinians were killed on Thursday in Israeli strikes, according to Gaza authorities.

The latest bloodshed in the decades-old Israeli-Palestinian conflict was triggered in October 2023 when Hamas attacked Israel, killing 1,200 and taking about 250 hostages, Israeli tallies show.

Gaza's health ministry says Israel's subsequent military assault has killed over 56,000 Palestinians. It has also caused a hunger crisis, internally displaced Gaza's entire population and prompted accusations of genocide at the International Court of Justice and of war crimes at the International Criminal Court. Israel denies the accusations.

A previous two month ceasefire ended when Israeli strikes killed more than 400 Palestinians on March 18. Trump earlier this year proposed a US takeover of Gaza, which was condemned globally by rights experts, the UN and Palestinians as a proposal of "ethnic cleansing."

Trump made the comments on the Abraham Accords when asked about US media reporting late on Thursday that he had met Saudi Defence Minister Prince Khalid bin Salman at the White House.

"It's one of the things we talked about," Trump said. "I think a lot of people are going to be joining the Abraham accords," he added, citing the predicted expansion to the damage faced by Iran from recent US and Israeli strikes.

Axios reported that after the meeting with Trump, the Saudi official spoke on the phone with Abdolrahim Mousavi, chief of Iran's General Staff of the Armed Forces.

Trump's meeting with the Saudi official came ahead of a visit to Washington next week by Israeli Prime Minister Benjamin Netanyahu.

US Imposes New Sanctions Targeting Iran oil Trade, Hezbollah, Treasury Dept Says

WASHINGTON, July 4: The United States imposed sanctions on Thursday against a business network that smuggles Iranian oil disguised as Iraqi oil, as well as sanctions targeting a Hezbollah-controlled financial institution, the Treasury Department said.

The network of companies run by Iraqi businessman Salim Ahmed Said has been buying and shipping billions of dollars worth of Iranian oil disguised as, or blended with, Iraqi oil since at least 2020, the department said in statement.

"Treasury will continue to target Tehran's revenue sources and intensify economic pressure to disrupt the regime's access to the financial resources that fuel its destabilizing activities," Treasury Secretary Scott Bessent said.

The Treasury Department also sanctioned several vessels that are accused of engaging in the covert delivery of Iranian oil, intensifying pressure on Iran's "shadow fleet," it said.

The Treasury Department also issued sanctions against several senior officials and one entity associated with the Hezbollah-controlled financial institution Al-Qard Al-Hassan.

The officials, the department said, conducted millions of dollars in transactions that ultimately benefited, but obscured, Hezbollah.

Iran's Nuke Programme Set Back By Up To 2 Years, Courtesy US Airstrikes

WASHINGTON, July 3: US airstrikes on Iran set back the country's nuclear programme by one to two years, a Pentagon spokesman said, adding to uncertainty around the status of the country's facilities after President Donald Trump said they'd been obliterated.

Chief Pentagon spokesman Sean Parnell said allies share the US sentiment about the degradation of Iran's nuclear abilities "and the fact that we have degraded their programme by one to two years - at least the intel assessments inside the department assess that."

"And I think their intelligence shares that conclusion," he said. He said the US assessment remains that the facilities struck by the US had been "completely obliterated."

"We also believe that the degradation of the facilities at Fordow, Esfahan and Natanz degraded their physical capability of constructing a bomb," he said.

Parnell's comments echo those of President Donald Trump, who has repeatedly asserted that the US bombing of key facilities "totally obliterated" Iran's nuclear programme. His administration also has rejected a preliminary assessment from the Defense Intelligence Agency that said the strikes may have set back the programme by just months.

There's still little information from the ground as Iran is said to have cut off communication with officials from the International Atomic Energy Agency, the UN's nuclear watchdog. Iranian nuclear safety regulators have stopped taking calls from the IAEA after formally ending inspections last week.

The location of Iran's 409-kilogram inventory of near-bomb-grade uranium also remains unknown.

Trump ordered the strikes on three Iranian nuclear facilities in June, and then announced a ceasefire between Iran and Israel after 12 days of war. The truce has so far held, but Iran's armed forces chief of staff expressed doubt that it would last.

Trump indicated that he might offer Iran a relief from economic sanctions "if they can be peaceful," after earlier saying he'd keep them in place as he lashed out at Supreme Leader Ayatollah Ali Khamenei for claiming victory in the war with Israel.

Trump Hints At Much Less Tariffs Deal With India

WASHINGTON DC, July 2: US President Donald Trump on Tuesday reaffirmed that India-US will soon strike a trade deal with "much less tariffs", allowing both countries to compete.

"I think we are going to have a deal with India. And that is going to be a different kind of a deal. It is going to be a deal where we are able to go in and compete. Right now, India does not accept anybody in. I think India is going to do that, and if they do that, we are going to have a deal for much less tariffs," Donald Trump said.

India and the US have been negotiating over a Bilateral Trade Agreement (BTA) before the critical July 9 deadline of the 90-day pause on tariff escalations.

Meanwhile, India has adopted a firmer stance on agricultural matters as high-stakes trade negotiations with the United States reach a pivotal moment, government sources said on Monday.

The Indian delegation, led by Chief Negotiator Rajesh Agrawal, has extended its stay in Washington, as reported earlier. The two negotiations were scheduled on Thursday and Friday, but have been extended as both nations work urgently to finalise an interim trade agreement before a crucial July 9 deadline.

The extended negotiations come as both countries face the looming return of suspended 26% reciprocal tariffs. These punitive measures, imposed initially during the Trump administration on April 2, were temporarily suspended for 90 days but will automatically resume if no agreement is reached.

"The failure of these trade discussions would trigger the immediate reimplementation of the 26% tariff structure," warned a senior official.

India's hardened position reflects the politically sensitive nature of its agricultural sector. The country's farming landscape is dominated by small-scale subsistence farmers with limited land holdings, making agricultural concessions particularly challenging from both economic and political perspectives.

Notably, India has never opened its dairy sector to foreign competition in any previous free trade agreement -- a precedent it appears reluctant to break even under US pressure.

The United States is pushing for reduced duties on agricultural products, including apples, tree nuts, and genetically modified crops.

Meanwhile, India seeks preferential access for its labour-intensive exports, such as textiles and garments, Gems and jewellery, Leather goods, and agricultural products like shrimp, oilseeds, grapes, and bananas.

Beyond the immediate interim agreement, both nations are working toward a comprehensive bilateral trade agreement (BTA) with the first phase targeted for completion by fall 2024. The ultimate goal is ambitious: more than doubling bilateral trade from the current $191 billion to $500 billion by 2030.

US to impose 500% tariff on India, China over Russia business ties? Trump gives nod to Senate bill

WASHINGTON, July 2: US President Donald Trump has given nod to a Senate bill that could impose 500% tariffs on countries like China and India that buy Russian oil and energy products.

US senator Lindsey Graham said in an interview with ABC News on Sunday that Trump had told him that the sanctions bill should be brought forward for a vote. Graham is sponsoring the tough new sanctions bill on Russia.

Graham called Trump’s decision “a big breakthrough” which he said was part of efforts to bring Russian President Vladimir Putin to the negotiating table on Ukraine and give Trump “a tool” to bring that about.

“Big breakthrough here. So what does this bill do? If you’re buying products from Russia and you’re not helping Ukraine, then there’s a 500% tariff on your products coming into the United States. India and China buy 70% of Putin’s oil. They keep his war machine going,” Graham told ABC News.

He stressed however that Trump had a waiver and could decide whether or not to sign it into law if and when it passes Congress.

“I’ve got 84 co-sponsors for a Russian sanctions bill that is an economic bunker buster against China, India, and Russia for Russia’s brutal invasion of Ukraine. I think that bill’s going to pass,” Graham had said in an earlier interview.

India was the second largest buyer of Russian fossil fuels in May 2025, according to the Centre for Research on Energy and Clean Air. It estimated that India purchased fossil fuels worth €4.2 billion from Russia in May, with crude oil amounting to 72% of the total.

Asked about Graham’s comments, Kremlin spokesman Dmitry Peskov said on Monday that Russia was aware of the US senator’s stance and had taken note of his statement.

“The senator’s views are well known to us, they are well known to the whole world. He belongs to a group of inveterate Russophobes. If it were up to him, these sanctions would have been imposed long ago,” said Peskov.

“Would that have helped the (Ukraine) settlement (process)? That is a question that those who initiate such events should ask themselves.”

'You'll Hear From Trump Very Soon': White House On India-US Trade Deal

WASHINGTON, July 1: White House Press Secretary Karoline Leavitt praised India's role as a strategic ally in the Indo-Pacific region during a press briefing on Monday (US local time). She also highlighted the strong personal relationship between US President Donald Trump and Prime Minister Narendra Modi.

Responding to a question about how the US views China's influence in the Indo-Pacific region, Leavitt said, "India remains a very strategic ally in the Asia Pacific and the President has a very good relationship with Prime Minister Modi, and he will continue to have that."

The White House spokesperson's remarks on India's importance in the Indo-Pacific came shortly after she addressed another question about a possible trade deal between India and the US.

Addressing the media, Leavitt said, "Yes, the President said that last week (that the US and India are very close to a trade deal), and it remains true. I just spoke to our Secretary of Commerce about it. He was in the Oval Office with the President. They are finalising these agreements, and you'll hear from the President and his trade team very soon when it comes to India."

The comments come as External Affairs Minister S Jaishankar is currently in the United States to attend the QUAD Foreign Ministers' Meeting.

On Monday, he inaugurated an exhibition at the United Nations titled "The Human Cost of Terrorism," which aims to draw global attention to state-sponsored terrorism.

The QUAD is a diplomatic partnership between Australia, India, Japan, and the United States. It is committed to supporting an open, stable, and prosperous Indo-Pacific that is inclusive and resilient. The grouping's origin traces back to the joint humanitarian response to the December 2004 Indian Ocean tsunami.

Earlier, on June 18, it was confirmed that US President Donald Trump accepted Prime Minister Modi's invitation to attend the upcoming QUAD Summit in New Delhi later this year. Foreign Secretary Vikram Misri had shared details of the phone conversation that took place between the two leaders on the sidelines of the G7 Summit in Canada.

"For the next meeting of QUAD, PM Modi invited President Trump to India. While accepting the invitation, President Trump said that he is excited to come to India," Misri said in a video message.

Trump Says US Doesn't Plan To Extend Tariff Pause

WASHINGTON, June 30: US President Donald Trump has indicated that he is not planning to extend a 90-day pause on tariffs on most nations beyond the July 9 deadline, when the negotiating period he previously set would expire.

The Republican said that instead of extending the deadline, his administration would rather send countries a letter, laying out the trade penalties they face, unless they make deals with the United States.

The US President had previously talked about sending similar letters in May and earlier this month, though negotiations continued.

"I don't think I'll need to because, I could - there's no big deal," Trump said in an interview on Fox News on Sunday when asked if the pause would not be extended.

He further clarified his stance on the July 9 deadline, saying, "I'm gonna send letters. That's the end of the trade deal."

"I'd rather just send them a letter, a very fair letter, saying 'Congratulations, we're going to allow you to trade in the United States of America. You're gonna pay a 25 per cent tariff, or 20 per cent or 40 or 50 per cent. I would rather do that," he said.

Trump further stated that the letters sent out by his administration would explain tariff rates set by the US -- citing the trade deficits with each country and how they treat America -- suggesting that negotiations won't be required in some cases.

"Some countries, we don't care. We'll, you know, we'll just send a high number out. But we're going to be sending letters out starting pretty soon. No, we don't have to meet. We understand. We have all the numbers," he said.

He also singled out Japan to give a hypothetical example of a letter, saying, “I could send one to Japan. ‘Dear Mr. Japan, here's the story: you're going to pay a 25 per cent tariff on your cars.'”

Earlier on Friday, Trump played down the deadline at a White House news conference, saying it would be difficult to work out separate deals with each nation.

The Trump administration had set a goal of reaching 90 trade deals in 90 days. Negotiations continue, but "there are 200 countries, you can't talk to all of them," Trump said in the interview.

India's trade team has extended its stay in Washington to iron out differences as the two sides look to clinch a deal before a July 9 deadline when higher US tariffs are set to kick in, according to a report.

US President Donald Trump last week said "a very big" deal with India was likely soon amid a hardening stance of both nations.

Indian Negotiators Extend US Stay As Trade Talks Gather Pace: Report

WASHINGTON, June 29: India's trade team has extended its stay in Washington to iron out differences as the two sides look to clinch a deal before a July 9 deadline when higher US tariffs are set to kick in, people familiar with the matter said.

The in-person negotiations were initially supposed to run through June 27 but were extended by a day, raising hopes of an interim trade deal, said the people, who asked not to be identified as the discussions are private.

US President Donald Trump last week said "a very big" deal with India was likely soon amid hardening stance of both the nations.

Both sides have dug in their heels over a few key issues including Washington's demand that India open its market to genetically modified crops - an ask New Delhi has rejected, citing risks to its farmers.

India meanwhile is unwilling to sign a deal that doesn't address both sectoral access and reciprocal tariffs on its exports.

An email sent to India's commerce ministry outside business hours wasn't immediately answered.

 

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