February 3, 2026 10:16 AM

PM Modi Thanks Trump After U.S. Reduces Tariffs on Indian Goods

Prime Minister Narendra Modi spoke with U.S. President Donald Trump on Sunday and thanked him for reducing tariffs on Indian products to 18%, calling the move a step that will strengthen economic ties between the two countries. During the call, the two leaders discussed bilateral cooperation and trade relations. They emphasised that closer collaboration between the world’s two largest democracies can create opportunities in trade, investment and technology that benefit their citizens. PM Mod...

October 15, 2025 10:29 AM

IMF chief says lack of retaliation against Trump tariffs aiding global growth

Decisions by most countries to not retaliate against U.S. President Donald Trump's tariffs are among the top factors bolstering the global economy's resilience, IMF Managing Director Kristalina Georgieva said on Tuesday. "The world, so far, and I cannot stress enough, so far, has opted not to retaliate and to continue to trade pretty much on the rules that have existed," Georgieva said during an event at the IMF and World Bank annual meetings in Washington, noting that this avoided d...