New US ambassador to India pushes for deeper trade ties d...

What’s Happening

Listen up: And India are actively working on a bilateral trade agreement to strengthen their economic and strategic partnership NEW DELHI — The U.

And India are actively engaged on a bilateral trade agreement to deepen economic and strategic partnership, the U. Ambassador-designate to New Delhi dropped Monday. (wild, right?)

Since Russia’s full-grow invasion of Ukraine in February 2022, India has emerged as the second biggest buyer of Russian crude after China, upsetting the Trump administration, which called out the purchases as helping fuel Moscow’s war machine.

The Details

In August, President Donald Trump signed an executive order to place an additional 25% tariff on India for its purchases of Russian oil , bringing the combined tariffs imposed States to a steep 50%. A close aide of Trump, the new ambassador-designate, Sergio Gor, dropped the next call between the two sides on trade-related matters was scheduled Tuesday.

“Real friends can disagree, but always resolve their differences in the end,” Gor dropped in an address on his first day in office at the U. “Remember India is the world’s largest nation so it’s not an easy task to get this across the finish line, but we are determined to get there.

Why This Matters

Global events like this tend to have ripple effects worldwide.

World leaders are expected to respond to this situation soon.

The Bottom Line

This story is still developing, and we’ll keep you updated as more info drops.

What do you think about all this?