Followers

Thursday, July 31, 2025

‘India has not been a great global actor’: Donald Trump administration fires fresh salvo after 25% tariff; says Russia oil ‘most certainly a point of irritation’

US Treasury Secretary Scott Bessent expressed frustration with India's trade practices, particularly its purchase of sanctioned Russian oil, leading to potential penalties and tariffs. President Trump's administration is reportedly displeased with India's slow pace in trade negotiations. Experts suggest these actions are pressure tactics to expedite a trade deal, especially as the US secures agreements with other major partners.

from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ma2l9jO

No comments:

Post a Comment

Structured tender model for shipbuilding: Govt aims tech transfer, local manufacturing

India is boosting its shipbuilding capabilities by adopting a "structured tender" approach for specialized vessels like gas and oi...