New Delhi: Amid the American tariff hike, PM Narendra Modi in his 12th consecutive Independence Day speech reiterated that India will not compromise on...
Past FTAs failed to yield much benefit because they exposed domestic industries to global competition without strengthening the manufacturing ecosystem.
The two countries had agreed on a 90-day pause & lifting restrictions on Chinese exports needed for US semiconductor, electronics, and defence production in May this year.
The lawsuit argues that Trump lacks the authority to unilaterally impose tariffs through International Economic Emergency Powers Act, creating immediate & irreparable harm to California.
Over the last week, volatility indexes (VIX) across the world have surged, with the Chicago Board Options Exchange (CBOE) and the India VIX surging by 120 and 65 percent, respectively.
Stephen Miran, the brain behind Trump’s tariffs, wrote a report that helps explain the president’s present approach. It also shows why this approach is unlikely to work.
Trump’s ‘Liberation Day’ tariffs have been unleashed on India despite its efforts to appease the US, leaving New Delhi with little to show for the concessions it has made.
Despite multiple agencies being involved, the US could maintain a clear chain of command. This is something India should consider too, as it defines the theatre command structures.
The latest comment comes as New Delhi and Washington have yet to sign a trade agreement. India’s purchase of Russian oil has reduced, but Moscow remains top source for crude.
Venezuela also boasts of a diverse portfolio of unmanned aerial vehicles capable of carrying out surveillance, reconnaissance and being employed for kinetic purposes as well.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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