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Trump and Modi shaking hands at podium with trade deal graphics showing end to Russian oil buys, U.S. tariff cuts, and massive American exports.
Picha iliyoundwa na AI

Trump says U.S. and India reached trade deal tied to ending India’s Russian oil purchases

Imeripotiwa na AI Picha iliyoundwa na AI Imethibitishwa ukweli

President Donald Trump said he and Indian Prime Minister Narendra Modi reached a trade agreement under which India would stop buying Russian oil and increase purchases from the United States, while Washington would cut tariffs on Indian goods from 25% to 18%. Trump also said India would move to eliminate tariffs and non-tariff barriers on U.S. products and would buy more than $500 billion in American goods, though key elements were not independently confirmed by the U.S. or Indian governments in the immediate aftermath.

Reciprocal 30% tariffs on goods traded between Colombia and Ecuador took effect on February 1, leading to truck backups at the border since the weekend. Border zone merchants voice concerns over effects on legal trade and rising prices for consumers. Officials and private sector from both nations will meet this Monday to explore alternatives.

Imeripotiwa na AI

A trade deal between India and the US was announced following a phone call between US President Donald Trump and Prime Minister Narendra Modi. Under the agreement, US tariffs on Indian exports have been reduced from 50% to 18%. Indian officials confirm the tariff cut, while Trump claims India will stop buying Russian oil and commit to purchasing $500 billion in US goods.

Mamlaka ya Mapato ya Kenya (KRA) imetangaza sasisho la mfumo wake wa ufuatiliaji wa shehena, akiongeza muhuri wa kielektroniki unaomilikiwa na mtumiaji ili kuimarisha usalama na ufanisi wa biashara. Mfumo huu mpya unahusisha jamii ya Afrika Mashariki kupitia Mfumo wa Ufuatiliaji wa Shehena wa Kieletroniki wa Kikanda (RECTS).

Imeripotiwa na AI

Mexico's merchandise exports to the United States hit a record high of $44.5 billion in November 2025, solidifying the country as the top trading partner of the world's largest economy.

Bilateral trade between Chile and China reached $61.66 billion in 2024, an 8.6-fold increase from 2006. Chilean cherries have emerged as a key symbol of this partnership, with exports nearing $3.3 billion in the 2024/25 season. Industry leaders remain optimistic despite a slight volume decline.

Imeripotiwa na AI

Commerce Minister Piyush Goyal defended the newly concluded India-EU free trade agreement against domestic criticism, emphasizing its benefits for economic growth. The deal addresses key issues like carbon tariffs and mobility for professionals. However, US Treasury Secretary Scott Bessent expressed disappointment, accusing Europe of prioritizing trade over support for Ukraine.

Jumatatu, 2. Mwezi wa pili 2026, 22:58:27

India and EU conclude key agreements for stability

Jumatatu, 2. Mwezi wa pili 2026, 16:33:44

South Korea and US top diplomats to hold talks amid Trump's tariff threat

Jumatatu, 2. Mwezi wa pili 2026, 10:34:18

Rupiah strengthens after BPS report on 2025 trade surplus

Jumatatu, 2. Mwezi wa pili 2026, 06:59:43

Challenging scenarios for Mexico in T-MEC review

Jumapili, 1. Mwezi wa pili 2026, 14:50:40

US-Korea tariff talks stall over investment law delays

Ijumaa, 30. Mwezi wa kwanza 2026, 04:08:19

Fears of overcapacity ignore China’s full balance of payments picture

Ijumaa, 30. Mwezi wa kwanza 2026, 01:28:26

S Jaishankar meets US ambassador Sergio Gor ahead of Washington visit

Alhamisi, 29. Mwezi wa kwanza 2026, 09:09:19

Korea-US tariff talks end first day without agreement

Alhamisi, 29. Mwezi wa kwanza 2026, 08:34:48

Sheinbaum and Trump hold productive follow-up call on T-MEC progress, security, and trade

Alhamisi, 29. Mwezi wa kwanza 2026, 06:30:56

Public urges reciprocal action on Trump's tariffs

 

 

 

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