With threats of tariffs up to 50 percent, President Trump seems to be scrapping America’s plan to turn India into a counterweight to China, declaring instead that it was a “dead economy.”
Category: India
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Trump to Double India’s Tariff to 50% Over Russian Oil Purchases
Tariffs on Indian exports to the United States will surge to 50 percent by late August, as part of an effort by President Trump to pressure Russia into resolving its war in Ukraine.
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Trump to Announce Additional $100 Billion Apple Investment in U.S.
The pledge was a “significant acceleration” of the company’s plan for more production in the United States, according to a White House statement.
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What Talks With India and Switzerland Say About Trump’s Trade War
One country is clashing with the U.S., the other racing to appease Washington. Both approaches are being tested ahead of a looming deadline for trade deals.
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India Will Buy Russian Oil Despite Trump’s Threats, Officials Say
President Trump said last week that he would punish India if it did not cut off Russian oil imports, but he did not specify what the penalty might be.
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Apple Surprises Investors Worried That It Had Lost Its Touch
Despite recent criticism about its product outlook, the company reported strong sales of iPhones, Macs, iPads and services.
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How India Became One of the Biggest Buyers of Russian Oil
President Trump upended trade negotiations with India by making the purchase of crude oil a sticking point.
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Why It Matters That India and Trump Don’t Have a Tariff Deal
The stakes are high, with the United States and India counting on one another as indispensable partners in their competition with China.
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Kartik Kumra Was Ready for Indian’s Fashion Moment
As the “big guys” dabble in Indian looks, Kartik Kumra is in it for the long haul. And stars like Kendrick Lamar and Stephen Curry are wearing his designs.
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Air India Finds ‘No Issues’ After Inspections of Boeing Fuel Switches
An investigation into a deadly crash last month has focused on control switches that cut off fuel to an Air India Boeing jet after takeoff.
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One of These BRICS Is Not Like the Others
President Trump’s attacks on the group of emerging economies, which includes Brazil, Russia and China, have put one member — India — in an uncomfortable spot.