English हिन्दी
Connect with us

India News

India and US inch closer to trade deal mirroring Indonesia pact, says Trump

US President Donald Trump said India is negotiating a trade deal similar to the recent US-Indonesia pact, aiming for greater US access into Indian markets amid tariff threats.

Published

on

Donald Trump

US President Donald Trump on Tuesday hinted that India is negotiating a trade deal with the United States similar to the recent agreement Washington struck with Indonesia. The comment comes amid fast-moving negotiations between Indian and American trade representatives as they race to conclude a deal before Trump’s self-imposed August 1 deadline — beyond which countries risk being hit with steep tariffs.

Trump pushes for greater access to Indian market

While speaking to reporters in Washington, Trump stated, “India basically is working along that same line,” referring to the Indonesia agreement. Under the deal with Jakarta, the US imposes a 19% tariff on imports but levies no tariffs on American exports. Trump emphasized that such frameworks are being used to gain reciprocal access to previously restricted markets. “We’re going to have access into India,” he said.

Though it remains unclear whether the India deal will exactly replicate the terms of the Indonesia agreement — particularly the asymmetric tariff structure — the negotiations signal a strong US intent to balance trade relationships. Any attempt to replicate the 19% import tariff structure on Indian exports, while allowing US goods tariff-free entry into India, could be challenging for New Delhi.

Tariff threats loom large over trade talks

Trump has already sent out warnings to several countries, including India and members of the European Union, threatening punitive tariffs of up to 35% if deals are not finalized before the August 1 deadline. The pressure tactics echo the broader Trump administration strategy of leveraging trade tariffs to push foreign governments into concessions.

India caught in crossfire of US-Russia energy tensions

Trump also spoke on global geopolitical developments, particularly the Ukraine-Russia conflict, indicating that Russian President Vladimir Putin could potentially agree to a peace deal within 50 days. This, Trump argued, would shield countries like India from facing a 100% punitive tariff on imports of Russian energy — a secondary sanction aimed at squeezing Moscow financially.

Trump has warned that nations continuing energy trade with Russia could face steep tariffs as part of broader actions targeting Moscow. He claimed that such penalties are necessary to reduce financial flows into Russia and compel it to agree to a ceasefire in its war with Ukraine.

Rare minerals and trade strategy

Commenting on the broader strategic rationale behind the trade negotiations, Trump highlighted the importance of access to key resources. He noted that Indonesia offers high-quality copper and rare earth minerals, which the US needs. He suggested similar strategic priorities could underpin the evolving trade arrangements with India.

Meanwhile, Republican Senate leader John Thune is reportedly holding off on a bill proposing a 500% tariff on Russian energy importers — a move Trump seemed to downplay by noting he can implement sanctions through executive action.

Continue Reading

India News

Congress, BJP attack Bhagwant Mann over remarks on Punjab blasts

Congress and BJP have jointly criticised Punjab CM Bhagwant Mann after he linked recent blasts near defence sites to political motives, triggering a controversy.

Published

on

Bhagwant Mann

A political row has erupted in Punjab after Chief Minister Bhagwant Mann linked recent blast incidents to political motives, drawing sharp criticism from both the Congress and the Bharatiya Janata Party (BJP).

The controversy follows two low-intensity explosions reported within a short span of time — one near the Border Security Force (BSF) headquarters in Jalandhar and another close to an army cantonment area in Amritsar. The incidents raised concerns over security, particularly given the sensitive nature of the locations.

In response, Mann suggested that the blasts could be part of a larger political strategy. His remarks triggered a strong backlash, with opposition parties accusing him of politicising a serious security issue.

Leaders from the Congress criticised the Chief Minister’s statement, calling it inappropriate and alleging that such comments undermine the gravity of the situation. They stressed that matters related to national security should be handled with caution and responsibility.

The BJP also joined the criticism, questioning the basis of Mann’s claims and urging the state government to focus on investigation and law enforcement instead of making political allegations.

The developments have led to an unusual moment where both Congress and BJP appear aligned in their criticism of the Aam Aadmi Party-led government in the state.

Meanwhile, the blasts themselves have intensified concerns over safety in border regions, with authorities continuing their investigation into the incidents. No casualties were reported, but the proximity to defence establishments has made the issue particularly sensitive.

The episode has further escalated political tensions in the state, with security and accountability emerging as key points of debate.

Continue Reading

India News

Himanta Biswa Sarma resigns as Assam chief minister, oath ceremony likely after May 11

Himanta Biswa Sarma resigns as Assam Chief Minister after BJP-led NDA’s victory. He will continue as caretaker CM until the new government is sworn in after May 11.

Published

on

Himanta sharma

Assam Chief Minister Himanta Biswa Sarma resigned from his post on Wednesday, paving the way for the formation of a new government after the BJP-led NDA secured a decisive victory in the 2026 Assembly elections.

Sarma submitted his resignation to Governor Lakshman Prasad Acharya at Lok Bhawan in Guwahati. The Governor accepted the resignation and asked him to continue as the caretaker Chief Minister until the new government takes charge.

The resignation comes after the NDA’s strong electoral performance, where the alliance won a clear majority in the 126-member Assembly, ensuring its return to power for another term.

Oath ceremony expected after May 11

Speaking to reporters after submitting his resignation, Sarma said the swearing-in ceremony for the new government is likely to be held after May 11.

He indicated that Prime Minister Narendra Modi has been invited to attend the ceremony but is unavailable until May 11, which has influenced the tentative schedule.

Decision on next chief minister soon

Sources suggest that central observers, including senior BJP leaders, are expected to arrive shortly to oversee the selection of the legislature party leader. The newly elected MLAs will then decide on the next Chief Minister.

Despite the formal resignation, party sources indicate that Sarma is likely to continue in the role for another term, given the BJP’s strong mandate in the state.

The move marks the beginning of the government formation process in Assam following the election results declared earlier this week.

Continue Reading

India News

Rahul Gandhi and Vijay alliance took shape through backchannel talks, early signals from Congress leaders

Congress outreach and political calculations led to Rahul Gandhi and Vijay coming together after the Tamil Nadu 2026 election results.

Published

on

The coming together of Rahul Gandhi and actor-politician Vijay in Tamil Nadu after the 2026 Assembly elections was not sudden, but the result of behind-the-scenes political manoeuvring and early signals within the Congress.

According to media reports, some leaders in the Tamil Nadu Congress had already sensed the scale of Vijay’s surge during the campaign, anticipating what was later described as a “wave” in favour of his party.

After the results, where Vijay’s Tamilaga Vettri Kazhagam (TVK) emerged as the single largest party but fell short of a majority, communication channels between the Congress leadership and Vijay quickly became active.

A key moment in this evolving political equation was a phone call from Rahul Gandhi to Vijay, congratulating him on the party’s strong performance. The conversation was seen as more than a courtesy, signalling the possibility of cooperation at a time when government formation required additional support.

Reports indicate that discussions within Congress weighed the political benefits of supporting Vijay, especially given the shifting dynamics in the state where traditional dominance by major Dravidian parties has been challenged.

With TVK needing allies to cross the majority mark, Congress emerged as a potential partner, leading to a broader political realignment in the state. This development also triggered tensions within opposition alliances, highlighting the strategic importance of the decision.

The evolving partnership reflects a mix of electoral pragmatism and changing voter sentiment, particularly the growing influence of younger voters, which leaders acknowledged as a key factor in the election outcome.

Continue Reading

Trending

© Copyright 2022 APNLIVE.com