South Korean Foreign Minister Cho Hyun has said the tariffs being imposed by the United States in the rapidly changing situation in global trade is not unexpected and that his country was able to sort out "the problem" and "make a win-win" through trade negotiations.
Speaking to ANI, Sikri suggested that the issue of tariffs on Russia's oil sales to China, India, and the EU may have been discussed by Trump with Putin.
"I would recommend that India take a look once again at RCEP. RCEP is the 15 economies, including China, Japan, Korea, ASEAN, Australia, and New Zealand. It should be 16. India should be part of that. And that would be a very dynamic way to grow for years to come," Sachs said.
The Rashtriya Swayamsevak Sangh (RSS) has called a meeting in the national capital on August 19 and 20, which will be attended by top leaders and affiliates working in various sectors, including those likely to be impacted by the US tariffs on Indian goods.
South Korean Foreign Minister Cho Hyun has said the tariffs being imposed by the United States in the rapidly changing situation in global trade is not unexpected and that his country was able to sort out "the problem" and "make a win-win" through trade negotiations.
Renowned economist and Columbia University Professor Jeffrey Sachs has strongly criticised the United States administration's tariffs, terming them as pressure tactic on India.
Around 70 per cent of India's goods exports to the US, equivalent to USD 60.85 billion, are now exposed to the 50 per cent tariff imposed by the US administration, according to an analysis by ICRIER.
Tamil Nadu Chief Minister MK Stalin on Saturday expressed concern about the 50 per cent tariffs announced by the US on India, stating that this will hit the state harder than most states as their exports are deeply tied to the US market.
"Munir ke nuclear threat se koi darne wala nahi hai (nobody is scared of Munir's nuclear threat). Prime Minister has given a proper reply to that. Nobody can scare India with nuclear blackmail. If it comes to that what to do? India also has its own sense," RSS leader Ram Madhav told ANI.<
Nifty of National Stock Exchange (NSE) will swing between -11 per cent and +4 per cent from its year-end target of 25,000, as markets navigate a range of evolving macro risks including potential trade tariffs, shifts in the US economic outlook, and central bank policy actions by the Fed and