The minister also argued that the tariff issue was being wrongly presented as an "oil dispute." He noted that the same criticism levelled at India for purchasing Russian energy had not been applied to larger importers, such as China and European nations.
US Treasury Secretary Scott Bessent congratulated Sergio Gor on being appointed as the next Ambassador to India and Special Envoy for South and Central Asian Affairs.
US President Donald Trump on Friday (local time) announced Sergio Gor as the next US Ambassador to India, and Special Envoy for South and Central Asian Affairs.
Ambassador of India to the US, Vinay Mohan Kwatra, on Friday (local time) held talks with Michigan's Lawmaker Haley Stevens on India-US bilateral economic partnership amid economic concerns over US President Donald Trump's imposition of additional tariffs on India due to New Delhi's purch
Ambassador of India to the US, Vinay Mohan Kwatra, on Friday engaged in productive discussions with US lawmakers to strengthen bilateral relations between the two countries after President Donald Trump imposed 50 per cent tariffs on Indian goods.
US President Donald Trump on Friday (local time) said that he is going to take a "very important decision" in the next two weeks on Russia-Ukraine war, suggesting that he might impose "massive sanctions or tariffs" on Kremlin or tell Kyiv that it's not Washington's war.
Prime Minister Mark Carney on Friday announced that Canada will remove all tariffs on US goods covered under the Canada-US-Mexico Agreement (CUSMA) by September 1, CBC News reported.
Priyadarshi, while speaking to ANI at the SCO Summit 2025: Resetting India-China Ties on Thursday, said that though trade with the US seems to be difficult, other bilateral trade partners of India have opened their markets for trade.
The growing adoption of Artificial Intelligence (AI) by corporates could play a key role in reducing the impact of tariffs imposed by the US and help companies navigate through these challenges, according to a report by HSBC.
Indian stock markets opened on a cautious note in negative territory on Friday as investors turned wary ahead of the implementation of impending US tariffs, alongside weak global cues and no progress in the Ukraine conflict.
The intended private capital expenditure (capex) for FY26 is significantly lower than the numbers of FY25, and may decline further amid the impact of US tariffs, according to a report by the State Bank of India (SBI).
Speaking about the trade deal, Novarro said that the EU has agreed to reduce "all their tariffs" to zero, while US continue their global tariff to fight the trade deficit at 15 per cent.