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Trump wants India to stop buying Russian oil. Why is Modi saying no?
Indian Prime Minister Narendra Modi has been performing a tricky balancing act â maintaining close partnerships with US President Donald Trump and Russiaâs leader Vladimir Putin while insisting his country is a neutral party in the Russia-Ukraine war, to the dismay of Western nations who have sanctioned Moscow.
But now, it seems, Trump has lost his patience â demanding that Modi finally pick a side, and using Indiaâs continued purchases of cheap Russian oil as leverage in his trade war.
The conundrum pits Trump and Modi, two nationalist leaders who have often described their friendship in warm terms, increasingly against each other.
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Donald Trump Tariffs News Live Updates: US President threatens higher tariff on India in 24 hours; India stands firm on Russia oil trade
Japan to import 'the very beautiful Ford F-150' from US
Japan will begin importing Ford’s hefty F-150 pickup trucks, US President Donald Trump said, even as uncertainty continues to cloud the trade deal between the two nations.Under the agreement announced in July, a 15% “reciprocal” tariff will apply to Japanese imports, lower than the previously threatened 25%. These tariffs will come into force from Thursday for Japan and several other countries.In exchange, the White House said that Japan would ease its restrictions on American vehicles, including accepting US auto safety standards.“They’re taking our cars,” Trump said in a phone interview with CNBC on Tuesday. “They’re taking the very beautiful Ford F-150, which does very well. And I’m sure we’ll do very well there, and other things that do very well here will also do well there.”While Japanese automakers sell millions of cars in the US each year, American vehicles are a rare sight in Japan. Ford withdrew from the Japanese market nearly ten years ago. One major hurdle is the size, American cars like the F-150 are often too large for Japan’s narrower roads, and their left-hand steering setup also poses a challenge.Meanwhile, Tokyo and Washington still appear divided over some key aspects of the trade pact, particularly the timeline for reducing tariffs on Japanese car exports to the US.
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