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TOI correspondent from Washington: A rare congressional rebuke of President Donald Trump’s Canada tariffs, a presidential rant targeting a flagship US-Canada bridge, and an impending Supreme Court ruling on emergency trade powers are converging to deepen uncertainty around American trade policy — and raising fresh doubts about the durability of the fledgling US-India trade framework.On…
In 2024, Bangladesh’s global garment exports were $50.9 billion, which is much higher than India’s $16.3 billion. (AI image) The US-Bangladesh trade deal has the Indian textile sector exporters worried? The Donald Trump administration has reduced the tariffs on Bangladesh to 19%, but a clause of zero tariffs on textile exports may hit the Indian…
The possibility of zero-tariff entry for select Bangladeshi textile and apparel exports has moderated the earlier optimism surrounding Indian exporters. (AI image) The US-Bangladesh trade deal announced on Tuesday may indirectly deal a blow to the export ambitions of India’s textile sector. Under the trade agreement between the two countries, the US is reducing the…
Minerals, militants, US-made guns: Why Trump’s bet on Munir is set to fail The blast that tore through a Shia mosque on the edge of Islamabad on Friday was not only an act of mass murder. It was also a reminder of the limits of power in a country whose generals speak confidently about security,…
US President Donald Trump; and Team USA at T20 World Cup. (AP Photo) NEW DELHI: US President Donald Trump sent a strong message of support to the American cricket team competing in the ongoing ICC Men’s T20 World Cup in India, saying the entire country was backing the side as it continues its journey on…
US President Donald Trump has, at several occasions, claimed that broad tariffs on different countries has revived the American economy. In his recent opinion piece in The Wall Street Journal, Trump claimed that tariffs have created an “American economic miracle.“He also lamented on critics and economists who predicted that tariffs would backfire, raising prices and…
US President Donald Trump on Thursday unveiled a self-branded prescription drug website, “TrumpRx,” which the administration says will help Americans access discounted medicines directly from the pharmaceutical companies. This includes discounted rates for weight-loss and infertility treatments.“Starting tonight, dozens of the most commonly used prescription drugs will be available at dramatic discounts for all consumers,”…
NEW DELHI: Ministry of external affairs (MEA) on Thursday said India’s energy security remained the government’s top priority, responding to claims by US President Donald Trump that India may stop buying Russian oil and instead source crude from countries such as the United States and Venezuela.MEA spokesperson Randhir Jaiswal said India’s decisions on oil imports…
NEW DELHI: India is free to purchase crude oil from any supplier and its efforts to diversify energy imports are not new, the Kremlin said on Wednesday, rejecting suggestions that New Delhi has agreed to stop buying Russian oil.Responding to claims by US President Donald Trump that Prime Minister Narendra Modi had agreed to halt…
File photo: Tom Homan (Picture credit: AP) The Trump administration will withdraw around 700 federal immigration enforcement officers from Minnesota after state and local authorities agreed to increase cooperation with federal agencies, White House border czar Tom Homan said on Wednesday. The move will reduce the federal presence in the state from roughly 3,000 officers…
