Latest news with #BRICSinfo
News18
06-05-2025
- Business
- News18
'Would've Never Done That For Anybody Else But Me': Trump Says India To Drop Tariffs To 'Nothing'
Last Updated: US President Donald Trump did not, however, share details on the goods and sectors affected American President Donald Trump on Tuesday said India has agreed to eliminate all tariffs on imports from the US to 'nothing", but did not share details on the goods and sectors affected. 'They've already agreed. They would have never done that for anybody else but me," he said, exuding confidence while talking about key US demands in negotiations for a trade deal between the two countries. The US and India have been negotiating a trade deal that the Trump administration has said could be one of the first to be announced, among the slew of deals under discussion between the US and its other trade partners. Watch the video here: JUST IN: 🇮🇳🇺🇸 India agrees to eliminate all tariffs on US goods, President Trump says."They've already agreed. They would have never done that for anybody else but me." — BRICS News (@BRICSinfo) May 6, 2025 'India, as an example, has one of the highest tariffs in the world. We're not going to put up with that. And they've agreed already to drop it," he said during a White House media interaction alongside Canada's Mark Carney. 'They'll drop it to nothing. They've (India) already agreed." There are no details available on the India-US trade talks. But, Trump has been open about his demands going back to his first term, when the two sides had come close to signing a trade deal, which was to be announced during his visit to India in February 2019. Talks fell through, and they were not pursued by either country during President Joe Biden's tenure. Talks got underway in the run-up to, and after, Trump's Liberation Day announcement of sweeping tariffs on nearly all of the country's trading partners. Imports from India were tariffed at 26 percent, which is currently down to 10 percent, a flat rate the President announced for all countries in a 90-day pause, with the exception of China, whose goods coming into the US are under a 145 percent levy. (With agency inputs) First Published: May 07, 2025, 00:02 IST
Time of India
06-05-2025
- Business
- Time of India
'They wouldn't have done this for anybody else': Trump claims India agreed to drop tariff to 'nothing'
US President Donald Trump — BRICSinfo (@BRICSinfo) A conditional proposal Quality concerns and regulatory barriers US President Donald Trump on Tuesday claimed that India has agreed to drop tariffs on American imports to "nothing", asserting that the decision was made solely because of him.'In India, as an example, is one of the highest tariffs in the world. We're not going to put up with that and they've agreed already to drop it,' Trump told reporters at the White House during a media interaction alongside Canadian Prime Minister Mark Carney. 'They'll drop it to nothing. They've already agreed. They wouldn't have done this for anybody else but me.'Trump, however, offered no details on the sectors or goods affected by the supposed has, however, not officially made any statements in this regard as trade talks with the US remain familiar with the ongoing negotiations told Bloomberg that India has proposed a zero-for-zero tariff arrangement on specific goods such as steel, auto parts, and pharmaceuticals, but with a cap on import volumes and based on mutual reciprocity. If imports exceed agreed thresholds, standard duties would be proposal was reportedly presented during a high-level visit to Washington last month, as both sides aim to fast-track a limited trade agreement before Trump's self-imposed 90-day suspension on new reciprocal tariffs US has also raised concerns about India's Quality Control Orders (QCOs), which mandate technical standards for products sold in the country. American officials argue these regulations have hindered US exports and lack authorities have signaled openness to reviewing QCOs in sectors such as medical devices and chemicals. They have also proposed a mutual recognition agreement to streamline regulatory compliance for both countries, though the inclusion of such provisions in a final deal remains uncertain.
Al Bawaba
23-02-2025
- Politics
- Al Bawaba
Trump demands Taliban to return $7B military equipment
ALBAWABA - US President Donald Trump recently made headlines after rekindling his demand from Afghanistan's Taliban to return $7 billion worth of military equipment including aircraft, weaponry, and vehicles. His demands sparked again during the Conservative Political Action Conference (CPAC) in Maryland. Trump said during the conference while expressing his anger towards the Taliban, "We have a great, you know, I rebuilt our entire military in the first term. We left a lot of it, although a lot of it, but very small, relatively, in Afghanistan." He added, "The Taliban has it. You know, they have their parade every year where they take our military vehicles and run them up some little street, and like it's their form of a military parade, and it makes me angry when I see that. Angry. When I see that, I get angry." JUST IN: 🇺🇸 President Trump calls on the Taliban to return the $7,000,000,000 worth of US military equipment left behind in Joe Biden's Afghanistan withdrawal. — BRICS News (@BRICSinfo) February 23, 2025 The President also further claimed that the US is providing Afghanistan with "about two or two and a half billion dollars" a year in financial aid, stressing how this sum could be used to improve the US instead. Additionally, Trump stated that US assistance to Afghanistan will depend on the Taliban's return of the military equipment in question. According to the Committee on Foreign Affairs, the US withdrew its troops from Afghanistan on Aug. 30, 2021, ending 20 years of grueling war. Costs of War Project reports that the war resulted in the killing of at least 176,000 people, of whom were 2,402 US troops, 46,319 Afghani civilians, 69,095 military and police, and at least 52,893 opposition fighters.
