logo
Will Modi remain 'silent' on baseless allegations made by Trump on India, asks Kharge

Will Modi remain 'silent' on baseless allegations made by Trump on India, asks Kharge

Economic Times2 days ago
ANI Congress President Mallikarjun Kharge
Taking a swipe at Prime Minister Narendra Modi, Congress chief Mallikarjun Kharge on Thursday said the PM had observed a "maun vrat" in Parliament on US President Donald Trump's India-Pakistan ceasefire claims, and asked whether he will remain silent on the baseless allegations made by the American leader on India. Kharge also asserted that the nation comes first and "we are always with the nation". His remarks came after Trump once again mounted a sharp attack on India and Russia for their close ties and said that the two countries can take their "dead economies down together". The US president's fresh criticism of New Delhi and Moscow came hours after announcing 25 per cent tariffs against India, plus a "penalty" for its trade with Russia. "I don't care what India does with Russia. They can take their dead economies down together, for all I care," he said, adding, "We have done very little business with India, their Tariffs are too high, among the highest in the World," Trump said.
In a post on X, Kharge said, "Modi ji had observed a 'maun vrat' in the Parliament on Donald Trump's statements on ceasefire. Will Modi ji remain silent on the baseless allegations made by Trump on India?" "Narendra Modi ji, nation comes first and we are always with the nation," Kharge said. He noted that Trump has imposed a 25 per cent tariff plus a penalty on India. "This will harm the country's trade; MSMEs and farmers will also be adversely affected. Many industries will suffer heavy losses. Your ministers have been talking about negotiating a trade deal with America for months. Some of them camped in Washington for several days," he said. "This is how your friend - 'Namaste Trump' and 'Abki Baar Trump Sarkar' rewarded our country for your friendship?" he said. Kharge said the US president has given the reason for the tariff as India's oil import from Russia, India's purchase of weapons from Russia, India's membership of BRICS and BRICS' so-called attack on the US dollar. The Congress president claimed that this is a severe blow to India's national policy of "strategic autonomy". "History is witness that non-alignment has been the foundation of our foreign policy. All governments, irrespective of parties in power, have strengthened friendship with the various countries across the globe, in the interest of India," he said. During the UPA government, Manmohan Singh as the prime minister got India a nuclear waiver from 45 countries including the US, Kharge pointed out. "The US supported us. For that, they changed their law. But India was not bound to take nuclear fuel and material only from the US. Our options were open. Your government's foreign policy has dealt a severe blow to that national policy," he said. Trump is talking about doing a deal with Pakistan on oil reserves and is "threatening India", Kharge said, and asked why the PM was "sitting silent".
"We are worried about this new America-China-Pakistan Axis. Instead of worrying about PR, the Modi government should think about the country," Kharge said.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Businesses Continue to Face Uncertainty After Latest U.S. Tariff Blitz, ICC Says
Businesses Continue to Face Uncertainty After Latest U.S. Tariff Blitz, ICC Says

Hindustan Times

time27 minutes ago

  • Hindustan Times

Businesses Continue to Face Uncertainty After Latest U.S. Tariff Blitz, ICC Says

Businesses around the world are still seeking clarity on the barriers they will face as exporters to the U.S., with many pausing big decisions on investment and hiring, according to the deputy head of the International Chamber of Commerce. President Trump raised tariffs on scores of countries late Thursday, but delayed their implementation until Aug. 7. That came after his trade-deal deadline for many countries to clinch agreements or face tariff hikes expired. However, the tariff announcements lacked detail, adding to uncertainties that include decisions that have yet to be taken on key sectors, as well as continuing talks with China and others, and the legal status of the new duties. 'Last night's announcement provides confirmation that the administration is set on applying generally higher tariff rates,' said Andrew Wilson, deputy secretary-general of the ICC. 'But at a more practical level, we still see companies struggling to understand how the country specific rates will apply in practice.' Wilson said a particular issue is whether the new tariffs outlined in Trump's executive order will be added to existing duties—stack in trade jargon—or replace them. 'The Executive Order only states the headline tariff rate, with no specifics as regards their implementation aside from the E.U. deal,' he said. Uncertainty about the tariff framework dates back to Trump's victory in the November election, although it ratcheted up when he announced a series of huge increases on April 2 and then suspended those rises pending negotiations. The deadline for those talks was then extended, but, despite Thursday's announcements, questions remain. Still, figures released earlier this week showed the eurozone's economy avoided a forecast contraction during the second quarter, while the U.S. returned to expansion after a first-quarter contraction. Data published last month pointed to continued strong growth in China during the second quarter. 'We've certainly avoided the biggest risk that we saw several months ago, which was widespread tit-for-tat retaliation and a global rise in protectionism,' Wilson said in an interview with The Wall Street Journal. But Wilson said it is likely too early to draw any firm conclusions about the impact of tariff rises on the global economy. 'There are still so many uncertainties, so many delays in decision making that it may be too early to tell,' he said. The uncertainty relates not just to the level at which tariffs will settle, but also whether they are legal. Federal appeals judges on Thursday pushed back against the president's claims that a 1977 law addressing economic emergencies gives him the ability to rewrite the tariff schedule. 'What we have heard major executives say is that, if you don't know what the tariff rate is going to be next week, let alone next month, let alone in three years' time, how on earth can you make an investment that will take eight to ten years, possibly even more, to pay off,' Wilson said. For the ICC, which represents 45 million businesses in 170 countries, it is at least clear that the Trump administration is determined to push tariffs sharply higher, and that the TACO jibe—which asserts that Trump Always Chickens Out—has little truth. 'The conclusion we've come to is that essentially this administration is looking at how far it can push the effective rate, in the first instance without freaking out the financial markets,' Wilson said. Equity markets fell back Friday in response to the new announcement of higher tariffs, but to a much smaller degree than after the April 2 surprise. Write to Paul Hannon at

U.S.-Russia nuclear war: Is World War 3 happening? What we know so far
U.S.-Russia nuclear war: Is World War 3 happening? What we know so far

Economic Times

time27 minutes ago

  • Economic Times

U.S.-Russia nuclear war: Is World War 3 happening? What we know so far

Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads FAQs Donald Trump-led United States of America and Vladimir Putin-headed Russia are two of the most high profile nuclear armed countries. Any possibility of clashes will be nothing short of catastrophic and a possible World War III . In a warning to Russia, President Donald Trump said Friday he's ordering the repositioning of two U.S. nuclear submarines 'based on the highly provocative statements' of the country's former president, Dmitry Medvedev, who has raised the prospect of war online. A member of the Russian Parliament Duma has said that there are enough Russian nuclear submarines in the high seas to tackle two American subs dispatched by US President Donald Trump to counter number of Russian nuclear submarines in the world's oceans is significantly higher than the American ones, and the subs that US President Donald Trump ordered to be redirected to the appropriate regions have long been under their control. So no response from the Russian Federation to the American leader's statement about the submarines is required, a senior Russian lawmaker, Viktor Vodolatsky, was quoted as saying by on Friday, Trump wrote on his Truth Social post that he had ordered the redeployment of US submarines "to appropriate regions" allegedly over "extremely provocative statements" by former Russian President Dmitry Medvedev, who is also the deputy chairman of the Russian Security United States has a total of 14 Ohio Class nuclear-powered submarines, each capable of carrying up to 24 Trident II D5 ballistic missiles that can deliver multiple thermonuclear warheads up to 4,600 miles. Between 8 and 10 Ohio Class submarines are deployed at any one time, according to the Nuclear Threat Initiative arms control currently operates 54 nuclear-powered submarines, including both strategic and attack types, out of an overall submarine force of about 79 vessels. 14 nuclear-powered ballistic missile submarines (SSBNs)—Russia's sea‑based nuclear deterrent—comprise eight modern Borei‑class (Project 955/955A) and six older Delta III/IV boats. 13 nuclear-powered guided‑missile submarines (SSGNs), including six Oscar II‑class and seven Yasen‑class (Project 885/885M), serve as precision strike platforms with cruise- and hypersonic‑capable munitions. 16 nuclear-powered attack submarines (SSNs)—primarily upgraded Akula‑class and a few Sierra‑class boats used for anti‑submarine warfare and sea denial missions."Let the two US subs sail, they have been in the crosshairs for a long time now," the Russian lawmaker said. "A fundamental agreement that must be concluded between Russia and America so that the whole world calms down and stops talking about the beginning of World War III," he posted on his social media site that, based on the 'highly provocative statements' from Medvedev, he had 'ordered two Nuclear Submarines to be positioned in the appropriate regions, just in case these foolish and inflammatory statements are more than just that.' The president added, 'Words are very important, and can often lead to unintended consequences, I hope this will not be one of those instances.'Meanwhile, editor-in-chief of Russia in Global Affairs magazine, Fyodor Lukyanov, said that Trump's nuclear submarine statement should not be taken seriously for now."Trump, as we know, runs his own channel and reacts, so to speak, emotionally, humanly and spontaneously. I think that the armed forces, the naval forces of the United States read this with great surprise. If this exchange of opinions continues, and Trump continues to be drawn into it, then, one way or another, he will probably have to take some action. In my opinion, so far this is only at the level of words," Lukyanov told local private news channel RBC responding to a media question over US State Department Secretary Marco Rubio's recent interview with Fox News, Russian Foreign Minister Sergei Lavrov said that Russia agrees with the US administration that a direct military confrontation between Moscow and Washington must not happen."While Europeans are hysterically pushing for Ukraine's integration into NATO and preparing for potential conflict with Russia, US Secretary of State Marco Rubio recently reaffirmed a responsible stance, explicitly stating that a direct military confrontation between the United States and Russia must be avoided. We wholeheartedly concur with this position. Such shared understanding has been facilitated through constructive Russian-American dialogue," Lavrov wasn't clear what impact Trump's order would have on U.S. nuclear subs, which are routinely on patrol in the world's hotspots, but it comes at a delicate moment in the Trump administration's relations with has said that special envoy Steve Witkoff is heading to Russia to push Moscow to agree to a ceasefire in its war with Ukraine and has threatened new economic sanctions if progress is not made. He cut his 50-day deadline for action to 10 days, with that window set to expire next talk by a U.S. president about potential nuclear military capabilities raises concerns, the security experts said, noting that the United States has historically refrained from matching Russia's nuclear-saber rattling given the risks surrounding the world's most devastating weaponry."This is irresponsible and inadvisable," said Daryl Kimball, executive director of the Arms Control Association advocacy group. "No leader or deputy leader should be threatening nuclear war, let alone in a juvenile manner on social media."Hans Kristensen of the Federation of American Scientists noted that U.S. nuclear submarines – part of the so-called nuclear triad with bombers and land-based missiles – were always positioned to launch nuclear-armed missiles at targets in Russia."The subs are always there all the time and don't need to be moved into position," he said. "He grants Medvedev a response to these crazy statements."A1. President of USA is Donald Trump.A2. President of Russia is Vladimir Putin.

World economies reel as Trump delivers blow with new modified reciprocal tariff
World economies reel as Trump delivers blow with new modified reciprocal tariff

First Post

time27 minutes ago

  • First Post

World economies reel as Trump delivers blow with new modified reciprocal tariff

Trump announced late Thursday that dozens of economies, including the European Union, will face new tariff rates of between 10 and 41 percent. read more Global markets reeled Friday after President Donald Trump's tariffs barrage against nearly all US trading partners as governments looked down the barrel of a seven-day deadline before higher duties take effect. Trump announced late Thursday that dozens of economies, including the European Union, will face new tariff rates of between 10 and 41 percent. However, implementation will be on August 7 rather than Friday as previously announced, the White House said. This gives governments a window to rush to strike deals with Washington setting more favorable conditions. STORY CONTINUES BELOW THIS AD Neighboring Canada, one of the biggest US trade partners, was hit with 35 percent levies, up from 25 percent, effective Friday – but with wide-ranging, current exemptions remaining in place. The tariffs are a demonstration of raw economic power that Trump sees putting US exporters in a stronger position, while encouraging domestic manufacturing by keeping out foreign imports. But the muscular approach has raised fears of inflation and other economic fallout in the world's biggest economy. Stock markets in Hong Kong, London and New York slumped as they digested the turmoil, while weak US employment data added to worries. Trump's actions come as debate rages over how best to steer the US economy, with the Federal Reserve this week deciding to keep interest rates unchanged, despite massive political pressure from the White House to cut. Data Friday showed US job growth missing expectations for July, while unemployment ticked up to 4.2 percent from 4.1 percent. On Wall Street, the S&P 500 dropped 1.6 percent, while the Nasdaq tumbled 2.2 percent. Political goals Trump raised duties on around 70 economies, from a current 10 percent level imposed in April when he unleashed 'reciprocal' tariffs citing unfair trade practices. The new, steeper levels listed in an executive order vary by trading partner. Any goods 'transshipped' through other jurisdictions to avoid US duties would be hit with an additional 40 percent tariff, the order said. STORY CONTINUES BELOW THIS AD But Trump's duties also have a distinctly political flavor, with the president using separate tariffs to pressure Brazil to drop the trial of his far-right ally, former president Jair Bolsonaro. He also warned of trade consequences for Canada, which faces a different set of duties, after Prime Minister Mark Carney announced plans to recognize a Palestinian state at the UN General Assembly in September. In targeting Canada, the White House cited its failure to 'cooperate in curbing the ongoing flood of fentanyl and other illicit drugs' – although Canada is not a major source of illegal narcotics. By contrast, Trump gave more time to Mexico, delaying for 90 days a threat to increase its tariffs from 25 percent to 30 percent. But exemptions remain for a wide range of Canadian and Mexican goods entering the United States under an existing North American trade pact. Carney said his government was 'disappointed' with the latest rates hike but noted that with exclusions the US average tariff on Canadian goods remains one of the lowest among US trading partners. STORY CONTINUES BELOW THIS AD 'Tears up' rule book With questions hanging over the effectiveness of bilateral trade deals struck – including with the EU and Japan – the outcome of Trump's overall plan remains uncertain. 'No doubt about it – the executive order and related agreements concluded over the past few months tears up the trade rule book that has governed international trade since World War II,' said Wendy Cutler, senior vice president of the Asia Society Policy Institute. On Friday, Trump said he would consider distributing a tariff 'dividend' to Americans. Notably excluded from Friday's drama was China, which is in the midst of negotiations with the United States. Washington and Beijing at one point brought tit-for-tat tariffs to triple-digit levels, but have agreed to temporarily lower these duties and are working to extend their truce. Those who managed to strike deals with Washington to avert steeper threatened levies included Vietnam, Japan, Indonesia, the Philippines, South Korea and the European Union. Among other tariff levels adjusted in Trump's latest order, Switzerland now faces a higher 39 percent duty.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store