US President Donald Trump blamed his hoarse voice on shouting at officials from a foreign country that sought to change a trade deal. He refused to name the nation and highlighted recent trade talks with China, including tariff reductions and postponed export controls.
India remains engaged with the United States on the proposed Bilateral Trade Agreement (BTA), and the first tranche of the deal, focused on addressing reciprocal tariffs, is now "near closure", Commerce Secretary Rajesh Agrawal said on Monday while releasing the October trade data.
Former India batting stalwart Cheteshwar Pujara believes Chennai Super Kings' latest acquisition, Sanju Samson, will settle into the new setup quickly and thrive at Chepauk, considering the surface is tailor-made for his style of play.
India is expected to gain a small edge as the US administration has exempted agricultural products from the reciprocal tariffs it had imposed on several countries, said trade think tank GTRI.
The Confederation of Indian Textile Industry (CITI) welcomed the Union Cabinet's approval of the Export Promotion Mission, saying the decision will give a major push to India's textile and apparel sector.
India must urge the United States to withdraw the 25 per cent "Russian oil" tariffs before proceeding with any trade agreement, stated a report by the Global Trade Research Initiative (GTRI).
The talks for a trade deal between India and the United States are progressing well, and the Bilateral Trade Agreement (BTA) with the United States would be "most detailed and WTO-compliant", government officials said on Tuesday.
Union Commerce and Industry Minister Piyush Goyal, on Tuesday said that the government is trying to work out a fair, equitable and balanced trade deal with the United States and is also preparing for every contingency.
During the swearing-in ceremony of Sergio Gor as the new US Ambassador to India, Trump remarked, "We have a fantastic relationship with the Prime Minister, (Narendra) Modi, and Sergio (Gor) has only enhanced that because he's become already friendly with the Prime Minister."
The selling spree continued in Indian stock markets on Friday, as both key indices extended their weekly losses, slipping nearly 1 per cent amid weak investor sentiment and a lack of clarity on the much-anticipated India-US trade deal.