India's Trade Official says India's Chief negotiator will travel to the US next week to finalise trade agreement; expects US to reduce tariffs on India to 18% (vs 25% reciprocal tariffs currently) this week
India's chief negotiator heading to the US to finalize a trade agreement signals a potential thaw in trade relations, with expectations of reduced tariffs from 25% to 18%.
US Secretary of State Rubio says the US is hopeful to reach an agreement with Iran, but adds it is going to be hard
EU's Commission Spokesperson says Commissioner Suica is set to travel to Washington for Trump's board of peace meeting as an observer
India's Trade Official says India's Chief negotiator will travel to the US next week to finalise trade agreement; expects US to reduce tariffs on India to 18% (vs 25% reciprocal tariffs currently) this week
US Secretary of State Rubio says diversifying supply chains is not an anti-China initiative
US Secretary of State Rubio says they don't want to impose any peace deal on Ukraine
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This reduction could enhance trade flows and economic ties, benefiting sectors reliant on exports. It may also influence market sentiment towards risk assets as investors react to improved trade dynamics.
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