The post President Donald Trump has hinted that tariffs on India may be reduced soon appeared on BitcoinEthereumNews.com. President Donald Trump has hinted that tariffs on India may be reduced soon, as longtime loyalist Sergio Gor is sworn in to take up the office of ambassador in New Delhi. Trump said Gor’s top priority would be to promote investment in key U.S. industries and increase U.S. energy exports. President Trump said during Gor’s swearing-in ceremony on Monday that tariffs on India are high because they have been buying oil from Russia. He, however, added that the tariffs will be reduced soon since India has substantially decreased its imports of Russian crude oil. However, market research firm Kpler found that India’s imports of Russian oil remained almost the same at 1.59 million barrels per day (mbd) in October and September. The tank tracker added that 1.73 million barrels per day (mbd) of October Russian oil exports are heading to India so far. Another 302,000 barrels per day (b/d) did not have a destination, but a portion of it could also be shipped to India. However, Kpler says it is still too early to get a clear picture for November. Trump hopes Gor will strengthen U.S.-India ties Trump said he is looking at Gor to strengthen the strategic partnership between the U.S. and India. He added that one of the U.S. ambassador’s top priorities would also be to expand security cooperation.  The Senate confirmed Gor’s nomination as U.S. ambassador to India on October 7, and he arrived in New Delhi several days later. Gor met with Prime Minister Narendra Modi to discuss trade, defense, technology, and mineral resources.  Alexandra Hermann of Oxford Economics believes a political ambassador (Gor) rather than a traditional diplomat is needed to speed things up. However, she noted that it also raises the risk that they could be less protected if the countries cut ties or if… The post President Donald Trump has hinted that tariffs on India may be reduced soon appeared on BitcoinEthereumNews.com. President Donald Trump has hinted that tariffs on India may be reduced soon, as longtime loyalist Sergio Gor is sworn in to take up the office of ambassador in New Delhi. Trump said Gor’s top priority would be to promote investment in key U.S. industries and increase U.S. energy exports. President Trump said during Gor’s swearing-in ceremony on Monday that tariffs on India are high because they have been buying oil from Russia. He, however, added that the tariffs will be reduced soon since India has substantially decreased its imports of Russian crude oil. However, market research firm Kpler found that India’s imports of Russian oil remained almost the same at 1.59 million barrels per day (mbd) in October and September. The tank tracker added that 1.73 million barrels per day (mbd) of October Russian oil exports are heading to India so far. Another 302,000 barrels per day (b/d) did not have a destination, but a portion of it could also be shipped to India. However, Kpler says it is still too early to get a clear picture for November. Trump hopes Gor will strengthen U.S.-India ties Trump said he is looking at Gor to strengthen the strategic partnership between the U.S. and India. He added that one of the U.S. ambassador’s top priorities would also be to expand security cooperation.  The Senate confirmed Gor’s nomination as U.S. ambassador to India on October 7, and he arrived in New Delhi several days later. Gor met with Prime Minister Narendra Modi to discuss trade, defense, technology, and mineral resources.  Alexandra Hermann of Oxford Economics believes a political ambassador (Gor) rather than a traditional diplomat is needed to speed things up. However, she noted that it also raises the risk that they could be less protected if the countries cut ties or if…

President Donald Trump has hinted that tariffs on India may be reduced soon

2025/11/12 04:24

President Donald Trump has hinted that tariffs on India may be reduced soon, as longtime loyalist Sergio Gor is sworn in to take up the office of ambassador in New Delhi. Trump said Gor’s top priority would be to promote investment in key U.S. industries and increase U.S. energy exports.

President Trump said during Gor’s swearing-in ceremony on Monday that tariffs on India are high because they have been buying oil from Russia. He, however, added that the tariffs will be reduced soon since India has substantially decreased its imports of Russian crude oil.

However, market research firm Kpler found that India’s imports of Russian oil remained almost the same at 1.59 million barrels per day (mbd) in October and September. The tank tracker added that 1.73 million barrels per day (mbd) of October Russian oil exports are heading to India so far. Another 302,000 barrels per day (b/d) did not have a destination, but a portion of it could also be shipped to India. However, Kpler says it is still too early to get a clear picture for November.

Trump hopes Gor will strengthen U.S.-India ties

Trump said he is looking at Gor to strengthen the strategic partnership between the U.S. and India. He added that one of the U.S. ambassador’s top priorities would also be to expand security cooperation. 

The Senate confirmed Gor’s nomination as U.S. ambassador to India on October 7, and he arrived in New Delhi several days later. Gor met with Prime Minister Narendra Modi to discuss trade, defense, technology, and mineral resources. 

Alexandra Hermann of Oxford Economics believes a political ambassador (Gor) rather than a traditional diplomat is needed to speed things up. However, she noted that it also raises the risk that they could be less protected if the countries cut ties or if opinion in either country sours. 

Herman believes Gor represents the White House’s strategy to establish a fast and more direct link to New Delhi. Having Trump’s close ally in office helps bypass the usual diplomatic bureaucracy. She added that this suggests the administration’s desire to reach a trade deal with India sooner rather than later.

Rajan claims the U.S.-India relationship is not easy to fix

Former Reserve Bank of India Governor Raghuram Rajan recently stated that the deteriorating ties between Washington and New Delhi in recent months may not be easily resolved. Steep tariffs, Trump’s constant meddling, and repeated claims of brokering a truce, along with a $100,000 fee for an H-1B visa, are among the issues straining ties between the two countries.

Rajan, now a professor of finance at the University of Chicago Booth, warned that the last time Richard Nixon and Henry Kissinger threw the U.S. support behind Pakistan during the 1971 India-Pakistan war, India got cozier with Russia for the next 25 years.

The Federation of Indian Export Organizations (FIEO), a body under India’s Ministry of Commerce & Industry, stated in a press release on Monday that India’s outreach to Russia has continued. A delegation of 20 Indian companies participated in the annual Moscow International Tool Expo this week. 

FIEO President SC Ralhan stated that India’s engineering exports to Russia are growing rapidly and are expected to reach $1.75 billion by the end of 2025. He added that participating in the exhibition will deepen commercial ties and help boost bilateral trade between India and Russia. India imported $63.83 billion from Russia and exported $4.88 billion in fiscal 2025.

Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.

Source: https://www.cryptopolitan.com/trump-signals-softer-trade-stance/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Wormhole Unveils W Token 2.0 with Enhanced Tokenomics

Wormhole Unveils W Token 2.0 with Enhanced Tokenomics

The post Wormhole Unveils W Token 2.0 with Enhanced Tokenomics appeared on BitcoinEthereumNews.com. Joerg Hiller Sep 17, 2025 13:57 Wormhole introduces W Token 2.0, featuring upgraded tokenomics, a strategic Wormhole Reserve, and a 4% base yield, aiming to optimize ecosystem growth and align incentives. Wormhole has announced a significant upgrade to its native token, unveiling the W Token 2.0. This upgrade introduces new tokenomics including the establishment of a Wormhole Reserve, a 4% base yield, and an optimized unlock schedule, marking a pivotal development in the ecosystem, according to Wormhole. The W Token Evolution Launched in October 2020, Wormhole’s W token has been central to the platform’s mission of creating a connected internet economy. The latest upgrade aims to enhance the token’s utility across more than 40 blockchains. With a capped supply of 10 billion, the W token supports governance, staking, and ecosystem growth, aligning incentives for network security and development. Introducing the Wormhole Reserve The Wormhole Reserve will accumulate value from both onchain and offchain activities, supporting the ecosystem’s expansion. As Wormhole adoption grows, the token will capture value through network expansions and ecosystem applications, ensuring that growth is directly reflected in the token’s value. 4% Base Yield and Governance Rewards Wormhole 2.0 introduces a 4% base yield for W holders who actively participate in governance. The yield, derived from existing token supplies and protocol revenues, is designed to incentivize active participation without inflating the token supply. Optimized Unlock Schedule Updating its token release schedule, Wormhole replaces annual cliffs with bi-weekly unlocks, starting October 3, 2025. This change aims to reduce market pressure and provide a more stable environment for investors and contributors. The bi-weekly schedule will span over 4.5 years, affecting categories such as Guardian Nodes and Community & Launch. Wormhole’s Future Vision With these upgrades, Wormhole aims to expand its role as…
Share
BitcoinEthereumNews2025/09/18 15:48
[OPINION] US National Security Strategy 2025: An iconoclastic document

[OPINION] US National Security Strategy 2025: An iconoclastic document

Trump's national security strategy signals a radical shift in US foreign policy, prioritizing economic power and regional interests over global commitments
Share
Rappler2025/12/16 12:30
Crucial US Stock Market Update: What Wednesday’s Mixed Close Reveals

Crucial US Stock Market Update: What Wednesday’s Mixed Close Reveals

BitcoinWorld Crucial US Stock Market Update: What Wednesday’s Mixed Close Reveals The financial world often keeps us on our toes, and Wednesday was no exception. Investors watched closely as the US stock market concluded the day with a mixed performance across its major indexes. This snapshot offers a crucial glimpse into current investor sentiment and economic undercurrents, prompting many to ask: what exactly happened? Understanding the Latest US Stock Market Movements On Wednesday, the closing bell brought a varied picture for the US stock market. While some indexes celebrated gains, others registered slight declines, creating a truly mixed bag for investors. The Dow Jones Industrial Average showed resilience, climbing by a notable 0.57%. This positive movement suggests strength in some of the larger, more established companies. Conversely, the S&P 500, a broader benchmark often seen as a barometer for the overall market, experienced a modest dip of 0.1%. The technology-heavy Nasdaq Composite also saw a slight retreat, sliding by 0.33%. This particular index often reflects investor sentiment towards growth stocks and the tech sector. These divergent outcomes highlight the complex dynamics currently at play within the American economy. It’s not simply a matter of “up” or “down” for the entire US stock market; rather, it’s a nuanced landscape where different sectors and company types are responding to unique pressures and opportunities. Why Did the US Stock Market See Mixed Results? When the US stock market delivers a mixed performance, it often points to a tug-of-war between various economic factors. Several elements could have contributed to Wednesday’s varied closings. For instance, positive corporate earnings reports from certain industries might have bolstered the Dow. At the same time, concerns over inflation, interest rate policies by the Federal Reserve, or even global economic uncertainties could have pressured growth stocks, affecting the S&P 500 and Nasdaq. Key considerations often include: Economic Data: Recent reports on employment, manufacturing, or consumer spending can sway market sentiment. Corporate Announcements: Strong or weak earnings forecasts from influential companies can significantly impact their respective sectors. Interest Rate Expectations: The prospect of higher or lower interest rates directly influences borrowing costs for businesses and consumer spending, affecting future profitability. Geopolitical Events: Global tensions or trade policies can introduce uncertainty, causing investors to become more cautious. Understanding these underlying drivers is crucial for anyone trying to make sense of daily market fluctuations in the US stock market. Navigating Volatility in the US Stock Market A mixed close, while not a dramatic downturn, serves as a reminder that market volatility is a constant companion for investors. For those involved in the US stock market, particularly individuals managing their portfolios, these days underscore the importance of a well-thought-out strategy. It’s important not to react impulsively to daily movements. Instead, consider these actionable insights: Diversification: Spreading investments across different sectors and asset classes can help mitigate risk when one area underperforms. Long-Term Perspective: Focusing on long-term financial goals rather than short-term gains can help weather daily market swings. Stay Informed: Keeping abreast of economic news and company fundamentals provides context for market behavior. Consult Experts: Financial advisors can offer personalized guidance based on individual risk tolerance and objectives. Even small movements in major indexes can signal shifts that require attention, guiding future investment decisions within the dynamic US stock market. What’s Next for the US Stock Market? Looking ahead, investors will be keenly watching for further economic indicators and corporate announcements to gauge the direction of the US stock market. Upcoming inflation data, statements from the Federal Reserve, and quarterly earnings reports will likely provide more clarity. The interplay of these factors will continue to shape investor confidence and, consequently, the performance of the Dow, S&P 500, and Nasdaq. Remaining informed and adaptive will be key to understanding the market’s trajectory. Conclusion: Wednesday’s mixed close in the US stock market highlights the intricate balance of forces influencing financial markets. While the Dow showed strength, the S&P 500 and Nasdaq experienced slight declines, reflecting a nuanced economic landscape. This reminds us that understanding the ‘why’ behind these movements is as important as the movements themselves. As always, a thoughtful, informed approach remains the best strategy for navigating the complexities of the market. Frequently Asked Questions (FAQs) Q1: What does a “mixed close” mean for the US stock market? A1: A mixed close indicates that while some major stock indexes advanced, others declined. It suggests that different sectors or types of companies within the US stock market are experiencing varying influences, rather than a uniform market movement. Q2: Which major indexes were affected on Wednesday? A2: On Wednesday, the Dow Jones Industrial Average gained 0.57%, while the S&P 500 edged down 0.1%, and the Nasdaq Composite slid 0.33%, illustrating the mixed performance across the US stock market. Q3: What factors contribute to a mixed stock market performance? A3: Mixed performances in the US stock market can be influenced by various factors, including specific corporate earnings, economic data releases, shifts in interest rate expectations, and broader geopolitical events that affect different market segments uniquely. Q4: How should investors react to mixed market signals? A4: Investors are generally advised to maintain a long-term perspective, diversify their portfolios, stay informed about economic news, and avoid impulsive decisions. Consulting a financial advisor can also provide personalized guidance for navigating the US stock market. Q5: What indicators should investors watch for future US stock market trends? A5: Key indicators to watch include upcoming inflation reports, statements from the Federal Reserve regarding monetary policy, and quarterly corporate earnings reports. These will offer insights into the future direction of the US stock market. Did you find this analysis of the US stock market helpful? Share this article with your network on social media to help others understand the nuances of current financial trends! To learn more about the latest stock market trends, explore our article on key developments shaping the US stock market‘s future performance. This post Crucial US Stock Market Update: What Wednesday’s Mixed Close Reveals first appeared on BitcoinWorld.
Share
Coinstats2025/09/18 05:30