Leavitt is the third Trump aide to forecast an imminent call between the two leaders to iron out differences on last month’s tariff agreement in Geneva, among larger trade issues.
With US officials visiting India for the trade deal, New Delhi will push for full exemption from the 26% tariff on domestic goods announced by Trump earlier this year.
Trump administration had warned that invalidating tariffs could jeopardise fragile trade truce with China & destabilise diplomatic efforts elsewhere, but court dismissed these arguments.
Court ordered Trump administration to issue new orders reflecting permanent injunction within 10 days. The administration has filed notice of appeal & questioned authority of the court.
It is the first time such a claim, previously made only in public speeches and social media posts by American president, has been formally entered into the legal records.
The US president had said that he was recommending a 50% tariff to go into place on 1 June because of frustration that talks with the EU were not moving quickly enough
In a post on Truth Social, the US President wrote that he has informed Tim Cook of the tax levies if the CEO insists on building and manufacturing in India or anywhere else rather than in the States.
In Doha, Donald Trump claimed India has agreed to zero reciprocal tariffs with the US & advised the CEO not to build iPhones in the subcontinent & that the country could 'take care of itself'.
The flip-flops on Trump’s tariff policy have led to a wave of dollar-selling. Stronger Asian currencies & weaker dollar will help address US’ trade imbalances with Asia.
India’s competitiveness cannot be defended abroad if it is eroded at home. Short-term measures can provide a cushion, but without reforms, exporters will remain perpetually vulnerable.
According to the Niti Aayog quarter trade watch report launched Monday, India’s total trade in FY 2025 was at US$1.73 trillion—exports at US$823 billion & imports US$908 billion.
Amid continued concerns over cross-border terrorism, General Upendra Dwivedi further warned the neighbour that India will not show restraint if there is an Op Sindoor 2.0.
Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.
COMMENTS