Several powerful Iranian-backed militia groups in Iraq are prepared to disarm for the first time to avert the threat of an escalating conflict with the US Trump administration, 10 senior commanders and Iraqi officials told Reuters. The move to defuse tensions follows repeated warnings issued privately by US officials to the Iraqi government since Trump […]
Trump says he’s giving TikTok another 75 days to find US buyer – CNBC TV18
President Donald Trump on Friday said is signing an executive order to keep TikTok running in the US for another 75 days to give his administration more time to broker a deal to bring the social media platform under American ownership. Congress had mandated that the platform be divested from China by Jan 19 or […]
India’s structural growth story remains intact but faces near-term headwinds: Market analyst Bhawna Chhabra – CNBC TV18
Despite the recent global trade tensions sparked by new reciprocal tariffs, India’s long-term economic growth prospects remain strong, according to Bhawna Chhabra, Senior Market Analyst at Rosenberg Research. In an interview with CNBC-TV18, Chhabra acknowledged that while India is not immune to these global developments and faces potential challenges in the short term, its fundamental […]
Trump Tariff Effect | Order cancellations, demands for discounts rip into Indian apparel exports – CNBC TV18
The Indian apparel export sector is bracing for immediate challenges despite initial relief over the newly announced reciprocal tariffs by the United States. Sudhir Sekhri, Chairman of the Apparel Export Promotion Council, in an interview with CNBC-TV18, highlighted that while the industry might gain some advantage over key competitors like Bangladesh and China due to […]
Reciprocal tariffs won’t derail broader India-US ties, says former foreign secretary Shyam Saran – CNBC TV18
The imposition of reciprocal tariffs by the US, is unlikely to fracture the wider strategic relationship between India and the United States, according to former Foreign Secretary Shyam Saran. Speaking in an interview with CNBC-TV18 following the Trump administration’s announcement of sweeping new tariffs, including a 27% levy on India, Saran suggested that while trade […]
Trump officials mistakenly text war plans to a group chat in a secure app that includes The Atlantic editor – CNBC TV18
Top national security officials for President Donald Trump, including his defense secretary, texted war plans for upcoming military strikes in Yemen to a group chat in a secure messaging app that included the editor-in-chief for The Atlantic, the magazine reported in a story posted online Monday. The National Security Council said the text chain “appears […]
Ireland Prime Minister Micheál Martin faces balancing act at talks with US President Donald Trump – CNBC TV18
Irish Prime Minister Micheál Martin faces a diplomatic balancing act during talks with Donald Trump on Wednesday, with Ireland among the countries most vulnerable to the U.S. president’s economic plans. The annual White House meeting to mark St Patrick’s Day is usually relatively straightforward for the country of 5.4 million, symbolised since the 1950s by […]
US faces 30-35% recession risk due to policy uncertainty, spending cuts: Kenneth Rogoff – CNBC TV18
Harvard University economist Kenneth Rogoff has cautioned that the risk of the United States heading into a recession has risen to 30-35%. Speaking in an interview with CNBC-TV18, Rogoff attributed the heightened risks to the unpredictability of US economic policy, government spending cuts, and the impact of tariffs. He noted that while the long-term US […]
India agrees to slash tariffs amid growing trade tensions with US, claims President Trump – CNBC TV18
In a significant claim, US President Donald Trump announced on Friday, March 7, that India has agreed to reduce tariffs significantly. Trump’s statement comes amid his outspoken references to India’s trade policies, which seem to have dominated the headlines as the world’s largest economy and the fastest-growing economy make efforts to reboot ties under the […]
India cites 350 US non-tariff measures imposed in 2023, stresses need to lower logistics costs – CNBC TV18
India has cited data from the World Bank, which indicates the presence of 350 Non-Tariff Measures (NTMs) in the United States in 2023. Referring to NTMs such as the Carbon Border Adjustment Mechanism (CBAM) and the European Union Deforestation Regulation (EUDR) imposed by the EU, the Directorate General of Foreign Trade (DGFT) has highlighted that […]