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Indian Express
27 minutes ago
- Indian Express
‘Full access' into Indonesia after pact, India deal ‘along the same lines', says Trump
As Indian negotiators engage with the US in extended talks for an interim deal this week, US President Donald Trump on Tuesday said that the US has signed a trade deal with Indonesia, opening the country to trade with America and that a agreement 'on the same lines' is being worked on with India. After what Indonesian President's spokesperson Hasan Nasbi termed an 'extraordinary struggle' by their negotiators, the US and Indonesia announced that the reciprocal tariffs faced by the Southeast Asian country would be reduced from 32 per cent to 19 per cent. Trump said American firms, in exchange, would have full access to the Indonesian market. 'We have full access into Indonesia, everything. As you know, Indonesia is very strong on copper, but we have full access to everything. We will pay no is basically working along that same lines. We're going to have access into India. You have to understand, we had no access to any of these countries. Our people couldn't go in, and now we're getting access because of what we're doing with the tariffs,' Trump told reporters. In what could be a glimpse of a similar agreement with India, Indonesia has not only agreed to remove duty on agricultural items but also on certain manufactured goods. Trump said Indonesia has also agreed to purchase $15 billion worth of US energy, $4.5 billion in American agricultural products, and 50 Boeing jets. The new rates for Indonesia were announced after Trump imposed 32 per cent tariffs on the country in a letter sent last week, despite ongoing negotiations. Talks with India have also been underway, though Trump has not announced any new tariffs in India's case. A deal on the same lines as could, according to exports, translate into India potentially stepping up purchase of petroleum and agriculture items from US, alongside other items. New Delhi-based think tank GTRI said that India must proceed with extreme caution in negotiating any trade deal with the United States, given the Trump administration's current approach. 'Trump's unilateral declarations—such as claiming a 'done deal' with Indonesia and saying India is 'working along the same line'—often pre-empt actual negotiations. This was evident in the Vietnam case, where Trump announced a 20 per cent tariff on Vietnamese goods as part of a supposed deal, while Vietnamese officials clarified they had only agreed to 11 per cent,' GTRI said. The think tank added that to avoid similar misrepresentation, India must insist on a jointly issued, written statement before acknowledging any agreement. Verbal assurances or informal understandings—especially those announced on social media—are no substitute for formal, verified commitments, GTRI said. 'Moreover, Trump's claim that the US will get full access to the Indonesian market at zero tariffs, while Indonesian exports will face a 19 per cent duty in the US, raises red flags. If India were to accept such a lopsided arrangement, it could expose its domestic sectors—especially dairy and agriculture—to duty-free US goods while gaining little in return,' the GTRI note read. A bad deal—especially one that removes India's tariffs without reciprocal benefits—could be worse than no deal at all. India must therefore negotiate transparently, guard against one-sided outcomes, and not succumb to pressure for quick, symbolic agreements that compromise long-term economic interests, the think tank said. The Indian Express had reported that agriculture has been a major sticking point in the negotiations, particularly because India has adopted an unwavering stance on this sector. The US maintains that the August 1 cut-off date is not a new deadline but an outer limit for countries to 'speed things up', and that this strategy has helped bring trading partners such as the European Union on board. The threat from the Trump administration is that if the August 1 deadline is not adhered to, those countries revert to the April 2 tariff levels. Most of them are minor trading partners of the US and are likely outside America's 18 key trading relationships that account for 95 per cent of the country's trade deficit. Ravi Dutta Mishra is a Principal Correspondent with The Indian Express, covering policy issues related to trade, commerce, and banking. He has over five years of experience and has previously worked with Mint, CNBC-TV18, and other news outlets. ... Read More

Time of India
29 minutes ago
- Time of India
'Will Hit You Hard': NATO Chief's RARE THREAT To India, China, Brazil Over Russia Ties
Grand Mufti's Intervention Postpones Nimisha Priya's Execution in Yemen, India Steps In The execution of Indian nurse Nimisha Priya, scheduled for July 16 in Yemen, has been postponed following the timely intervention of the Indian government and the Grand Mufti of India, Sheikh Kanthapuram Aboobacker Musliyar. Nimisha, a Kerala-based nurse, was convicted in the 2017 murder of Yemeni national Talal Abdo Mahdi and has been on death row since 2020. With diplomatic channels limited in Yemen, the Grand Mufti took it upon himself to reach out to prominent Islamic scholars and authorities in the region. He contacted renowned Sufi scholar Habib Umar bin Hafeez, who in turn initiated talks with Yemeni officials and the victim's family to explore possible reconciliation under Islamic provisions. The Grand Mufti called this effort a 'national responsibility', and India hopes for a peaceful resolution. The brief postponement has created a narrow but crucial window for dialogue, forgiveness, and justice with compassion.#nimishapriya #grandmufti #indiayemen #executionpostponed #deathrowindia #keralanurse #indiadiplomacy #pardoningunderislam #backchanneldiplomacy #justiceandcompassion #toi #toibharat #bharat #trending #breakingnews #indianews 5.6K views | 1 hour ago


Mint
29 minutes ago
- Mint
UK Visa: 3,000 young professionals from India to get chosen this year; last ballot to open on July 22
Under the UK-India Young Professionals Scheme, working professionals in the age group of 18-30 can apply for a visa that allows them to live and work in the UK for upto two years. This scheme was launched in February 2023. To be eligible for this UK visa, an applicant must be an Indian citizen in the age group of 18 to 30, have an eligible qualification and have £2,530 in savings. To be able to apply, one must be first selected in the ballot which will open for two days on July 22. The ballot will close at 1.30 pm on July 24, i.e., exactly 48 hours after opening. To be able to apply for UK India Young Professionals Scheme visa, one needs to enter a ballot. The next ballot will open on July 22 at 1.30 pm. There is no fee to enter the ballot but once selected, applicant will have to pay £319 at the time of applying for visa. When you enter the ballot, you will have to provide your name, date of birth, passport details, a scan or photo of your passport, phone number and email address. I. A valid passport or other document that proves your identity and nationality II. You also need to show an evidence that you have a minimum of £2,530 in your bank account, for example bank statements III. Evidence of your qualifications IV. Test results of tuberculosis (TB) if you are living in India V. You also need to show a police report or clearance certificate from India. Although there are 3,000 places available for this visa in 2025 but most places were offered in February and the remaining places will be made available in July when the second and final ballot is opened. Once someone is successful in the ballot, s/he will be invited to apply for a visa. The selected cohort will have a total of 90 days from the date of the email to apply for the visa which will happen online. The visa applicant will need to pay the visa application fee and immigration health surcharge (IHS), provide fingerprints and photo (biometric information). If one is successful in the ballot but still decide not to apply for the visa, it is perfectly alright. You can visit this link for more details.