Reported about 10 hours ago
The US and India are close to finalizing a trade deal that could reduce tariffs on Indian goods by 15-16% from the current 50%. This comes after President Trump previously increased tariffs in response to India's oil purchases from Russia, which he argues supports the Ukraine war. Concurrently, Trump has expressed optimism about an upcoming meeting with China's President Xi Jinping, although he indicated that it may not occur, citing uncertainty in negotiations. As tensions continue between the US and China, Trump has laid out demands on issues such as rare earth minerals and fentanyl ahead of the negotiations.
Source: YAHOO