THE HALFAX HEIMDALL AUGUR

Trump's tariff threat: India says national interests will be secured Union Minister of Commerce and Industry, Piyush Goyal, speaks in the Rajya Sabha on the reciprocal tariff imposed by the US, during the Monsoon Session of Parliament | Photo Credit: ANI India responded to US President Donald Trump’s tariff threats on Thursday with the Commerce and Industry Minister Piyush Goyal asserting in Parliament that all necessary steps will be taken to secure and advance national interest. The minister’s assertion came after a series of adverse statements by Trump, who followed his announcement of imposing reciprocal tariffs of 25 per cent on Indian goods plus an unspecified penalty for buying oil and arms from Russia by strident comments on the Indian economy and its trade policies. “I don’t care what India does with Russia. They can take their dead economies down together, for all I care,” Trump said. He then proceeded to hail a deal he said he had struck with Pakistan for extracting oil, adding, “We are in the process of choosing the Oil Company that will lead this Partnership. Who knows, maybe they’ll (Pakistan will) be selling Oil to India s…

Tracking Trump's Trade Deals - Council on Foreign Relations Council on Foreign Relations Articles Share By experts and staff Published March 17, 2026 9:18 a.m. Inu Manak CFR Expert Senior Fellow for International Trade Allison J. Smith Associate Director, Geoeconomics Table of Contents Share Introduction In his second term, President Donald Trump has set out to fundamentally restructure U.S. trade policy. On April 2, 2025, he announced sweeping tariffs on nearly all U.S. trading partners in what he branded Liberation Day. When markets reacted negatively, he backtracked on implementing those tariffs, and instead threatened to reimpose tariffs on countries that failed to secure a trade deal with the United States within ninety days. The move kicked off a scramble among U.S. trading partners to negotiate deals. Even though only two preliminary deals were reached by the ninety-day deadline, Trump did not ratchet up tariffs. Instead, he modified many of the Liberation Day tariffs to lower rates on July 31, 2025, noting progress in trade negotiations. Many of those modified rates were enshrined in subsequent deals. Although Trump may have hoped to rewrite U.S. trade policy with a singl…

What to know about the US-India trade deal - Atlantic Council Prime Minister Narendra Modi and US President Donald Trump shake hands as they deliver a joint press statement after their meeting at the White House, in Washington, DC on February 13, 2025. (Reuters/ANI via Reuters Connect) “Our amazing relationship with India will be even stronger going forward.” On Monday, US President Donald Trump announced that he and Indian Prime Minister Narendra Modi agreed to a trade deal that would significantly lower US tariffs on India. The agreement comes after several months of heavy US tariffs on India amid stalled trade negotiations that strained the two countries’ ties. The announcement raised several burning questions. Our experts provide their answers below. 1. What exactly did the two countries agree to? Kugelman: In the absence of a formal statement, we don’t yet know exactly what they agreed to. Trump claimed that India has agreed to stop buying Russian oil and to purchase $500 billion worth of US goods—both of which seem hard to believe—while Modi has said only that tariffs will be coming down. What counts the most is that a 50 percent US tariff on India—one of the highest rates s…

How India and the US reached a trade deal: Full timeline explained News Desk Last Updated: 03 February 2026, 02:47 PM IST Share A step-by-step timeline of negotiations, tariffs and high-level talks that paved the way for the India–US trade agreement. Donald Trump with PM Modi in India | File photo: PTI New Delhi: Below is a timeline tracing the key developments that culminated in the announcement of the India–US trade agreement . February 13, 2025: Also Read How new trade deal with the US to boost India’s global economic and strategic advantage Dalal Street soars on India-US trade deal; Nifty rises 4.8%, sensex surges over 3,600 points PM Modi congratulated on India–US trade deal ahead of Parliament meeting A joint statement said Prime Minister Narendra Modi and US President Donald Trump agreed to strengthen the bilateral trade relationship. The leaders set an ambitious target of raising two-way trade to USD 500 billion by 2030, from the existing level of over USD 191 billion. They also announced plans to negotiate the first tranche of a multi-sector Bilateral Trade Agreement (BTA) by fall 2025. March 4–6: Commerce and Industry Minister Piyush Goyal travelled to Washington DC and …

What Trump Means by Calling India a 'Dead Economy' What Trump Means by Calling India a ‘Dead Economy’ NB News Briefings August 2025 1 Aug Written By Vishal Arora Trump Imposes New Tariffs on India, Slams Trade Ties and Russia Link August 1, 2025 Donald Trump’s comment referring to India’s economy as “dead” is not an economic assessment in the conventional sense but a political signal wrapped in hyperbole. Still, it reflects certain long-standing Western grievances about India’s economic posture, especially in trade and strategic alignment. His use of “dead” seems to be shorthand for what he views as a stagnant or closed economy that, in his mind, has failed to match up to its global potential or openness. Just hours after announcing a 25 per cent tariff and penalties on Indian goods effective from August 1, Trump posted a statement on Truth Social criticising India's trade practices and its ties with Russia. “I don’t care what India does with Russia. They can take their dead economies down together, for all I care. We have done very little business with India, their Tariffs are too high, among the highest in the World. Likewise, Russia and the USA do almost no business together. L…

Allies seek to shield themselves from President Donald Trump's tariffs ... President Donald Trump speaks during an event in the Oval Office of the White House, Friday, Jan. 30, 2026, in Washington. (AP Photo/Evan Vucci) WASHINGTON (AP) — Bullied and buffeted by President Donald Trump’s tariffs for the past year, America’s longstanding allies are desperately seeking ways to shield themselves from the president’s impulsive wrath. U.S. trade partners are cutting deals among themselves —- sometimes discarding old differences to do so — in a push to diversify their economies away from a newly protectionist United States. Some European governments and institutions arereducing their use of U.S. digital servicessuch as Zoom and Teams. Central banks and global investors are dumping dollars andbuying gold. Together, their actions could diminish U.S. influence and mean higher interest rates and prices for Americans already angry about thehigh cost of living. Last summer and fall, Trump used the threat ofpunishing taxes on importsto strong-arm the European Union, Japan, South Korea and other trading partners into accepting lopsided trade deals and promising to make massive investments in …

Islamabad seeks relief on tariffs <p>WASHINGTON: Pakistan and the United States will begin two days of trade negotiations in Washington on Thursday, with tariffs expected to dominate the agenda as Islamabad seeks relief from new US import duties while pursuing a broader bilateral trade agreement.</p> <p>The talks, which were held on Wednesday as well, follow extensive negotiations over the tariff regime announced by President Donald Trump on April 2, 2025, under the International Emergency Economic Powers Act (IEEPA), which initially <a href="https://www.dawn.com/news/1902026">imposed</a> a 29 per cent tariff on Pakistani exports.</p> <p>A Pakistani delegation that visited Washington in July 2025 succeeded in persuading US officials to <a href="https://www.dawn.com/news/1922229">reduce</a> the proposed tariff to <a href="https://www.dawn.com/news/1927992">19pc</a> following discussions with the Office of the United States Trade Representative (USTR), officials familiar with the negotiations said.</p> <blockquote class="blockquote-level-1"> <p>Two-day trade talks with US Trade Representative start today</p> </blockquote> <p>The delegation returning to Washington for the latest roun…

Trump calls India a 'dead economy', Rahul backs remark; Goyal's ... National News Trump calls India a 'dead economy', Rahul backs remark; Goyal's response, "India is fastest-growing major economy" US President Donald Trump labeled India a 'dead economy' and imposed 25% tariffs on Indian goods, criticizing India's trade with Russia. Commerce Minister Piyush Goyal defended India's economic growth, while Congress leader Rahul Gandhi agreed with Trump's assessment, sparking political backlash from the BJP. Odishatv Bureau 31 Jul 2025 22:13 IST India US President Donald Trump has called India a "dead economy" sparking a political firestorm in India, hours after he announced a 25 per cent tariffs on import of Indian goods along with an unspecified "penalty" for buying "vast majority" of Russian military equipment and crude oil. Advertisment As India analysed the possible impact of the 25 per cent tariffs announced in Washington yesterday, Trump targeted both India and Russia, saying they can take their "dead economies down together", in a fresh attack for their close trade ties. In the backdrop of Trump's "dead economy" barb at India, Commerce Minister Piyush Goyal told Parliament on Th…

Donald Trump, Narendra Modi look to repair ties in shadow of new US ... Reuters A potential meeting between Indian Prime Minister Modi and US President Trump could reset strained ties A possible meeting next week between Indian Prime Minister Narendra Modi and US President Donald Trump offers a chance to reset ties following a year of strained relations over tariffs, Pakistan, and now, the Iran war. US forces this week attacked three Indian-crewed vessels in the Gulf of Oman region, killing at least three sailors and prompting protests from New Delhi. Modi and Trump would likely want to contain the latest tensions and avoid derailing efforts to get relations back on track after a rocky year, analysts said. The expected meeting on the sidelines of the Group of Seven leaders’ summit in France next week would be their first face-to-face since a falling out last year following India’s military clash with Pakistan and Trump’s tariffs. Also Read: US military confirms attack on third Indian-crewed tanker off Gulf of Oman While it’s important to New Delhi that the US understands the damage that the latest strikes cause, “I don’t think this will spiral out to something bigger,” said Harsh …

U.S.-India Trade Truce Announced - Council on Foreign Relations Share By experts and staff Published February 3, 2026 10:01 a.m. Share U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference at the White House in Washington, D.C., U.S., February 13, 2025. Kevin Lamarque/Reuters Welcome to the Daily News Brief , CFR’s flagship morning newsletter summarizing the top global news and analysis of the day. Top of the Agenda The United States will lower tariffs on Indian goods to 18 percent, U.S. President Donald Trump and Indian Prime Minister Narendra Modi announced separately yesterday . The agreement de-escalates a trade dispute that has strained the two countries’ bilateral relationship for months—though the details were not fully confirmed by both sides. Trump’s announcement. Most Indian goods have faced 50 percent U.S. tariffs since late August: a 25 percent punitive tariff over Indian purchases of Russian oil and a 25 percent so-called reciprocal tariff. Trump said the deal would lower the reciprocal tariff to 18 percent, while a White House official confirmed to Reuters that the additional tariff would be rescinded…

Trump is 'dictator', Modi his 'slave': Mallikarjun Kharge Sign in Welcome! Log into your account Forgot your password? Get help Create an account Create an account Welcome! Register for an account A password will be e-mailed to you. Password recovery Recover your password A password will be e-mailed to you. NATIONAL Trump is ‘dictator’, Modi his ‘slave’: Mallikarjun Kharge By: Agencies Date: March 9, 2026 Share post: WhatsApp Facebook X ReddIt Telegram Linkedin Kalaburagi (Karnataka), March 8: AICC President Mallikarjun Kharge on Sunday said US President Donald Trump is a “dictator” and Prime Minister Narendra Modi is his “gulam” (slave), as he targeted the BJP-led government at the Centre over its stand on the ongoing Middle Eastern crisis, trade deal with the USA, and tariff issue. Addressing a gathering after launching various development projects worth Rs 1,069 crore in Chittapur here, he claimed that Modi is “controlled” by Trump using the Jeffrey Epstein files. “It (Iran) is also a country, its supreme leader was murdered…if the leader of a country is killed will that country and the world be safe? Think about it. Whether it is Iran’s Ayatollah Ali Khamenei or Venezuela’s le…