iPhone, India and Trump
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President Trump and the European Union make strides in trade talks, along with India. Chevron deadline on Venezuela approaches. Here at home, Bitcoin 2025 on tap, along with durable goods data. FOX Business is providing real-time updates on the markets,
Amidst global economic uncertainty caused by US President Trump's proposed reciprocal tariffs, India and the US are actively engaged in trade deal negotiations. With a temporary pause on tariffs until July 9th,
Pakistan has hired Keith Schiller, Trump's former bodyguard and close aide, to build "long-term economic partnerships" in the US. Schiller's role involves strengthening Pakistan's ties with the US government and private sector.
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Investor's Business Daily on MSNTrump Trade War Or Peace? What You Need To Know NowThat abrupt shift "from Tariff Man to global salesman," as investment strategist Ed Yardeni put it, revived an S&P 500 bull market in stocks.Just as the ride seemed to be smoothing out, markets got a jolt Friday morning as Trump threatened a 25% tariff on Apple iPhones if they're not manufactured and threatened 50% tariffs on the EU starting June 1.
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India Today on MSNIndia hires Trump's brain for lobbying, Pakistan his ex-bodyguardIn what seems like a clash of brain and brawn, India has tapped Trump's senior adviser, Jason Miller, and a communication strategist, while Pakistan has recruited Keith Schiller, the US President's long-time bodyguard.
India is seeking the elimination of the 26% reciprocal tariff and duty-free entry for labor-intensive export items such as textiles and footwear in the US.
The Reserve Bank of India has been the sector’s most vocal critic, with one deputy governor in 2022 calling crypto “akin to Ponzi schemes”. In 2018, it ordered a ban on banking services to crypto companies, making it difficult for them to operate, although the prohibition was overturned two years later by the country’s Supreme Court.
Yuan Yong and Greg Torode SINGAPORE (Reuters) -Uncertainties over the Trump administration's security policies in Asia and Europe, the protracted war in Ukraine as well as fresh India-Pakistan tensions are likely to dominate Asia's leading defence meeting in Singapore later this week.