The decision marks a withdrawal from the 2019 agreement to suspend anti-dumping investigation on fresh tomatoes. Mexico supplies nearly 70% of tomatoes in the US.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
The SBI Fund Management report says China invests 42% of GDP & consumes 40%, while US invests 22%, but household consumption stands at 68%, showing stark differences in economic priorities.
Rubio's meeting with Yi comes amid escalating friction globally over President Trump’s tariffs offensive, with China warning the US against reinstating hefty levies on its goods next month.
US President Trump has broadened his trade war in recent days, setting new tariffs on a number of countries, including allies Japan and South Korea, along with a 50% tariff on copper.
According to the US State Department, the trip is scheduled from 8-12 July as a move to reaffirm Washington's commitment to the Indo-Pacific despite Trump's recent tariff threat.
US President sent out letters to a number of countries Monday, threatening to impose additional tariffs by 1 August, if they do not complete negotiations for a trade deal.
The BRICS Leaders’ Statement sees a number of shifting positions in Indian foreign policy. New Delhi agrees with the grouping that the strikes on Iran violated international law.
Refusing to name the countries, the US President said the letters, set to be sent on Monday, involve ‘different amounts of money and different levels of tariffs’.
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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