the sun malaysia ipaper logo 150x150
Friday, July 24, 2026
28.5 C
Kuala Lumpur
the sun malaysia ipaper logo 150x150

Modi and Trump discuss Ukraine peace amid ongoing trade tensions

MUMBAI: Indian Prime Minister Narendra Modi received birthday congratulations from US President Donald Trump alongside praise for his efforts to end Russia’s war in Ukraine.

Trump described their telephone conversation as wonderful and thanked Modi for his support on ending the conflict between Russia and Ukraine.

Modi responded by thanking Trump for his greetings and expressing determination to elevate bilateral relations to new heights.

The Indian leader also voiced support for Trump’s efforts toward a peaceful resolution of the Ukraine conflict.

Trade relations between New Delhi and Washington have been strained since Trump increased tariffs on most Indian exports to 50% last month.

This move came in retaliation for India’s continued purchases of Russian oil despite international pressure.

White House officials have accused Indian oil refiners of profiteering and argued that these purchases help finance Moscow’s military operations in Ukraine.

Both leaders have recently adopted more conciliatory public statements while remaining committed to ongoing trade negotiations.

Indian and US trade officials held discussions in New Delhi on Tuesday to address these ongoing trade issues.

The US delegation included Brendan Lynch, assistant trade representative for South and Central Asia.

An Indian commerce ministry statement described the discussions as positive and forward-looking covering various aspects of the trade deal.

Both sides agreed to intensify efforts to achieve an early conclusion of a mutually beneficial trade agreement.

India has been among the first countries to start trade negotiations with Washington but has yet to secure a deal that would ease its tariff burden.

Exporters in the world’s most populous country have warned of cancelled orders and potential significant job losses due to the tariff increases.

Trump’s decision to link trade issues with geopolitical matters by increasing duties on Indian goods has further complicated negotiations.

Experts believe that despite both sides pushing forward, reaching a trade deal will require tough negotiations.

Any progress depends on Washington rolling back the oil-linked 25% duty increase according to trade analysts.

Without tariff reductions, no breakthrough appears politically or economically viable for either nation. – AFP

STAY AHEAD OF THE CURVE

Join our community for instant updates and exclusive content.

Join Telegram Channel

Related


spot_img

Latest News

RZOLV and Alkemio Bioscience forge strategic collaboration to advance rare earth and critical minerals...

RZOLV Technologies has signed a non-binding letter of intent with Argentina-based Alkemio Bioscience to jointly develop an integrated modular platform for recovering, separating and refining rare earth elements and critical minerals, paving the way for pilot-scale validation and commercial deployment.

“Across the Table” – Iconic chefs come together for luxury dining series at The...

The Naka Island, Phuket, will host the "Luxury Dining Series: Across the Table" from 12–15 August 2026, featuring Michelin-starred chefs, renowned mixologists and immersive culinary experiences that celebrate fine dining, Thai hospitality and the island's rich culture.

Shopee strengthens support for Malaysian businesses with new growth initiatives

Shopee Malaysia has introduced new seller growth initiatives under Shopee Lindung Niaga, including fee waivers, reduced commission rates, free advertising credits and fulfilment incentives to help local MSMEs start, scale and grow sustainably.

Watsons unveils “Watsons Evergreen” with Pantone to celebrate 185 years of trusted care and...

Watsons has launched "Watsons Evergreen" in collaboration with the Pantone Color Institute to celebrate its 185th anniversary, introducing a signature colour that represents trusted care, everyday vitality and the brand's enduring connection with customers across global markets.

STAMPEDE creates 11,000 free business pages to bring Singapore’s AI push to local F&B...

STAMPEDE has launched 11,000 free business pages to help Singapore F&B operators adopt AI-powered loyalty programmes, enabling hawkers, cafés and restaurants to improve customer retention, referrals and repeat visits without complex technology or additional hardware.

Alylytiq launches AI-powered research solutions to make big-brand insights affordable for Singapore SMEs

Market research consultancy Alylytiq LLP today announced the launch of Automytiq, a suite of AI-powered research solutions designed to make professional-grade market insights accessible to Singapore's small and medium-sized enterprises.

Thailand secures $43.6bn 1H 2026 investment surge as big tech accelerates Southeast Asia AI...

Thailand recorded US$43.6 billion in investment applications during the first half of 2026, led by AI data centres, digital infrastructure and renewable energy projects, strengthening its position as a key Southeast Asian hub for technology, manufacturing and foreign direct investment.

Most Viewed

spot_img
WC26

World Cup 2026

Updates, Fixtures, Results & Standings