Taiwan's Lai Calls off Key Trip After Trump ‘Blocks' US Stopover Over China Trade Deal, Xi Meet
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NDTV
5 minutes ago
- NDTV
US Should Not Burn Relationship With "Strong Ally Like India": Nikki Haley
New York: The US should not burn its relationship with a "strong ally like India" and give a pass to China, Indian-American Republican leader Nikki Haley said on Tuesday, amid President Donald Trump's attacks against New Delhi over tariffs and purchases of Russian oil. "India should not be buying oil from Russia. But China, an adversary and the number one buyer of Russian and Iranian oil, got a 90-day tariff pause," Nikki Haley said in a post on X. "Don't give China a pass and burn a relationship with a strong ally like India," she said. Haley, the former Governor of South Carolina, was the US Ambassador to the United Nations under Trump's first presidential term, becoming the first Indian-American to be appointed to a cabinet-level post in the US administration. In 2013, she officially announced her candidacy for the 2024 presidential election and withdrew from the race in March last year. Her comments came hours after Trump said India has not been a "good trading partner" and announced he will raise tariffs on India "very substantially over the next 24 hours" because New Delhi is buying Russian oil and "fueling" the "war machine". India on Monday mounted an unusually sharp counterattack on the US and the European Union for their "unjustified and unreasonable" targeting of New Delhi for its procurement of Russian crude oil. New Delhi's response came after Trump asserted that Washington will substantially raise tariffs on goods from India over its energy ties with Russia. Meanwhile, Trump, in an interview with CNBC responded to a question on China and its leader, Xi Jinping, and said, "We have a very good relationship". Trump added that he might have a meeting with the Chinese President "before the end of the year, most likely, if we make a deal." He said he won't have a meeting if a deal doesn't materialise. "But we're getting very close to a deal. We're getting along with China very well." Trump added that China is "very reliant" on the US. "My relationship with them is very good. I think we'll make a good deal. It's not imperative, but I think we're going to make a good deal." He added that he has had a "great relationship" with President Xi. "We respect him a lot. They respect us a lot." (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
NDTV
5 minutes ago
- NDTV
Trump Says Tariffs On Pharma, Chips Coming By "Next Week Or So"
US President Donald Trump signaled Tuesday that fresh tariffs on imported pharmaceuticals and semiconductors could be unveiled as soon as the coming week, as he presses on in efforts to reshape global trade. Trump's latest comments, in an interview on CNBC, come days before a separate set of tariff hikes takes effect on dozens of economies later this week. The sweeping tariff plans have sparked a flurry of activity as governments seek to avert the worst of his threats -- with Switzerland's leaders heading to Washington on Tuesday in a last-minute push to avoid punitive duties. But he appears set to widen his trade wars further. The US president told CNBC that upcoming tariffs on imported pharmaceuticals could reach 250 percent, while adding that he plans for new duties on foreign semiconductors soon. "We'll be putting (an) initially small tariff on pharmaceuticals, but in one year, one-and-a-half years, maximum, it's going to go to 150 percent," Trump said. "And then it's going to go to 250 percent because we want pharmaceuticals made in our country." Trump also said that Washington will be announcing tariffs "within the next week or so." He added: "We're going to be announcing on semiconductors and chips." Concern For US Economy Trump has taken aim at products from different countries with varying tariff rates after imposing a 10-percent levy on almost all trading partners in April -- with excluded products targeted by sector. While Swiss leaders are seeking to stave off a US tariff hike to 39 percent come Thursday -- which excludes sectors like pharma -- Trump's plans for a steep pharma levy will likely be a point of contention in any talks. Pharmaceuticals represented 60 percent of Swiss goods exports to the United States last year. Besides probing pharmaceuticals and chips imports, Trump has already imposed steep duties of 50 percent on imports of steel and aluminum, alongside lower levels on autos and parts. In the same CNBC interview, Trump said he expects to raise the US tariff on Indian imports "very substantially over the next 24 hours" due to the country's purchases of Russian oil. This is a key revenue source for Moscow's military offensive on Ukraine. His pressure on India comes after signaling fresh sanctions on Moscow if it did not make progress by Friday towards a peace deal with Kyiv, more than three years since Russia's invasion. Moscow is anticipating talks this week with the US leader's special envoy Steve Witkoff, and the Kremlin has criticised Trump's threat of raising tariffs on Indian goods. Weak employment data last week pointed to challenges for the US economy as companies take a cautious approach in hiring and investment while grappling with Trump's radical -- and rapidly changing -- tariffs policy. The tariffs are a demonstration of raw economic power that Trump sees as putting US exporters in a stronger position while encouraging domestic manufacturing by keeping out foreign imports. But the approach has raised fears of inflation and other economic fallout in the world's biggest economy.
News18
15 minutes ago
- News18
Did Trump Joke About Installing Nuclear Missiles During White House Roof Walk?
The incident comes amid growing tensions between the United States and Russia. US President Donald Trump made an unexpected appearance on Tuesday, taking a brief stroll on the rooftop of the White House alongside several officials. The President, flanked by bodyguards and under the watchful eye of rooftop snipers, walked for approximately 20 minutes on the flat section of the roof above the press room. From there, he appeared to survey the site of his proposed new ballroom and even interacted, albeit cryptically, with the press, reported AFP. When asked by reporters about the reason for his rooftop visit, Trump casually replied that he was just 'taking a little walk." However, the moment quickly took a bizarre turn when he began making unusual gestures, at one point mimicking the launch of a nuclear missile with his arm. Asked what he intended to build next, the President joked about installing nuclear missiles on the roof. The incident comes amid growing tensions between the US and Russia. For several days, both nations have been engaged in increasingly heated rhetoric. Just recently, in response to comments from former Russian President Dmitri Medvedev, Trump claimed he had ordered the deployment of two nuclear submarines near Russian waters. In turn, Moscow warned the US against making nuclear threats, citing obligations under the Nuclear Non-Proliferation Treaty. President Trump has been pushing forward with plans to renovate the White House, including the construction of a grand ballroom, a project he says is inspired by the lavish style of his private properties. According to AFP, Trump has already paved over the lawn of the iconic Rose Garden and redecorated the Oval Office with gold ornamentation. The ballroom is expected to be the most significant architectural addition to 1600 Pennsylvania Avenue in more than a century. Estimated to cost around $200 million, the project will reportedly be funded by Trump himself, with support from private donors. 'It's just another way to spend my money for the country," he said during the walk on the White House rooftop. The ballroom is expected to have a capacity of hosting 650 guests at once. This will also expand the White House's ability to plan large events. Currently, functions of such scale take place in tents on the South Lawn. view comments First Published: August 06, 2025, 01:12 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
