logo
Maybe they'll sell to India: Trump strikes trade deal, oil partnership with Pak

Maybe they'll sell to India: Trump strikes trade deal, oil partnership with Pak

India Today3 days ago
Hours after imposing a 25% tariff along with additional penalties on Indian imports, US President Donald Trump said on Wednesday that the United States has struck a new trade agreement with Pakistan to jointly develop the country's vast oil reserves -- a move he says could eventually lead to Pakistan exporting oil to New Delhi.'We have just concluded a Deal with the Country of Pakistan, whereby Pakistan and the United States will work together on developing their massive Oil Reserves,' Trump said in a bold statement. 'Who knows, maybe they'll be selling Oil to India some day!'advertisementThis comes after Trump's declaration of a 25% tariff and extra penalties on goods imported from India, set to take effect on August 1. He pointed to India's persistent oil trade with Russia and existing trade restrictions as major factors behind the decision.
The president shared on Truth Social that it had been a 'very busy' day in the White House, largely focused on trade negotiations. 'I have spoken to the Leaders of many Countries, all of whom want to make the United States 'extremely happy,'' he said. 'All of this will help reduce our Trade Deficit in a very major way.'
Trump added that the administration is currently selecting an oil company to lead the US-Pakistan energy partnership. He did not name specific firms or provide a timeline for project commencement.Last week, Pakistani Foreign Minister Ishaq Dar said the United States and Pakistan were "very close" to a trade deal that could come within days, after he met with Secretary of State Marco Rubio on Friday. The US State Department and Pakistan's foreign ministry, in separate statements after Rubio's meeting with Dar, said last week the two top diplomats stressed in their discussion the importance of expanding trade and ties in critical minerals and mining.TRUMP TO MEET SOUTH KOREAN DELEGATIONIn a separate development, Trump said he is preparing to meet with a South Korean trade delegation to discuss tariff reductions. 'South Korea is right now at a 25% Tariff, but they have an offer to buy down those Tariffs,' he noted. 'I will be interested in hearing what that offer is.'The president hinted that several other countries are also offering tariff deals, part of what he characterised as a broader effort to correct America's trade imbalance.'A full report will be released at the appropriate time,' Trump concluded. 'Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN!'- EndsWith inputs from ReutersTune InMust Watch
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Operation Sindoor' Succeeded with Mahadev's Blessings: Narendra Modi
Operation Sindoor' Succeeded with Mahadev's Blessings: Narendra Modi

Hans India

time25 minutes ago

  • Hans India

Operation Sindoor' Succeeded with Mahadev's Blessings: Narendra Modi

Justice for Pahalgam incident fulfils my promise to Kashi's daughters: PM If Pakistan repeats its mistakes, UP-made missiles will wipe out terrorists: PM When faced with terror, India becomes fierce like Shiva: PM on 'Operation Sindoor' New India will hunt down enemies even in the Netherworld: PM Modi Terror camps in Pakistan reduced to ruins; many airbases still in ICU: Prime Minister Success of Operation Sindoor giving some people a stomachache: PM Terror kingpins cry, so do Congress and SP over terrorists' fate: PM Modi New India worships Bholenath, turns Kaal Bhairav against enemies: PM Modi Varanasi, August 2 Prime Minister Narendra Modi, addressing a massive public gathering at Banauli village in Sevapuri on Saturday, dedicated the success of Operation Sindoor to Lord Mahadev. Marking his first visit to Kashi since the operation, he said the mission succeeded only with Mahadev's blessings. Recalling the April 22 terrorist attack in Pahalgam that claimed 26 innocent lives, PM Modi said the grief of the victims' families, especially their daughters and children, deeply moved him. He shared that he had prayed to Baba Vishwanath for strength for the bereaved families and had vowed before the people of Kashi to avenge their pain—'the sindoor of our daughters'—a vow he now considers fulfilled. During his address, PM Modi also hit out at the Congress and Samajwadi Party for their "baseless statements" on the operation, asserting that such actions only strengthen the resolve of a united and self-reliant India. Amid chants of 'Har Har Mahadev', Prime Minister Narendra Modi began his address with 'Namah Parvati Pataye Har Har Mahadev' before a massive crowd in Kashi on Saturday. Speaking in Bhojpuri, he said, 'In the holy month of Sawan, I am blessed to meet my Kashi family. I salute every family of Kashi.' Highlighting the significance of the occasion, he noted that Kashi is today connected with lakhs of farmers across the nation, and there can be no greater fortune than addressing them from such a sacred land during this auspicious month. Prime Minister Narendra Modi said Lord Shiva represents welfare, but assumes a fierce form when faced with terror and injustice. 'The world witnessed this fierce form of India during Operation Sindoor,' he said, warning that 'whoever attacks India will not survive—even in hell.' Prime Minister Narendra Modi credited the success of Operation Sindoor to the unity of 140 crore Indians, calling it the foundation of India's strength. 'This unity sparks a new consciousness each time,' he said, asking the crowd if they weren't proud of India's might and the operation's success. He highlighted the precision strikes by Indian drones and missiles that reduced terror hideouts to rubble, adding that many of Pakistan's airbases 'are still in the ICU.' Prime Minister Narendra Modi launched a sharp attack on the opposition, saying some in the country are having a 'stomach ache' over the success of Operation Sindoor. 'Congress, its allies, and friends can't digest that India destroyed Pakistan's terror bases. Pakistan's sorrow is understandable—but why are Congress and SP sharing their grief?' he asked. He added, 'On one side, the king of terror cries; on the other, Congress and SP weep over the condition of terrorists.' Accusing Congress of insulting the armed forces, he said the party is calling Operation Sindoor a 'tamasha'. 'Tell me—can sindoor ever be a tamasha? Calling our army's valour and our daughters' honour a spectacle is shameful and will not be tolerated,' he asserted. Prime Minister Narendra Modi took a sharp dig at the Samajwadi Party, accusing it of indulging in vote bank and appeasement politics. Referring to SP leaders' remarks in Parliament questioning the timing of action against the Pahalgam terrorists, he said, 'Should I call them and ask—should we kill terrorists or not? Should we wait to eliminate them?' He reminded the public that during SP's rule in Uttar Pradesh, the party had withdrawn cases against those accused in bomb blasts and given clean chits to terrorists. 'They have a problem with the killing of terrorists and even with the name—Operation Sindoor,' he ad Announcing from the sacred land of Kashi, Prime Minister Narendra Modi said, 'This is a new India—one that worships Bholenath, but turns into Kaal Bhairav when faced with the enemies of the nation.' Highlighting India's growing self-reliance in defense, Prime Minister Narendra Modi said the world witnessed the strength of indigenous weapons during Operation Sindoor. 'Our air defense systems, missiles, and drones have showcased the power of a self-reliant India,' he said, adding that 'the fear of BrahMos has shaken every enemy—its sound keeps Pakistan awake at night.' Expressing pride as an MP from Uttar Pradesh, the PM announced that BrahMos missiles will soon be manufactured in Lucknow. 'Weapons made in the UP Defense Corridor will become the backbone of India's military strength,' he said, asking the crowd if they felt proud of India's self-reliant defense capabilities. Issuing a stern warning, he declared, 'If Pakistan dares to repeat its mistakes, missiles made in UP will wipe out terrorists.'

Photos recovered from an encounter site in 2024 helped identify Pahalgam terrorists
Photos recovered from an encounter site in 2024 helped identify Pahalgam terrorists

The Hindu

time25 minutes ago

  • The Hindu

Photos recovered from an encounter site in 2024 helped identify Pahalgam terrorists

The three Pahalgam terrorists who were killed during Operation Mahadev on July 28 were identified and tracked with the help of photographs recovered from a mobile phone seized by the security forces after an encounter in south Kashmir in 2024, a senior government official said. The phone contained several pictures of the three Lashkar-e-Taiba (LeT) terrorists identified as Suleman, alias Faizal Jatt, Hamza Afghani, and Zibran posing with guns and ammunition. Hid in Dachigam forest The photographs were then matched with the accounts of eyewitnesses present at the Baisaran meadow on April 22 and a search was launched for them in the Dachigam forest, around 20 km from Srinagar, where they were hiding after the terror attack. The terrorists were using a LoRa (long range) wireless module to communicate, and its signals helped the intelligence agencies track their device was likely assembled, and has been sent for forensic examination, the official said. Home Minister Amit Shah informed the Lok Sabha on July 29 that indigenous technology was used to track the three terrorists in the Dachigam forest. The Minister said that on May 22, the Intelligence Bureau (IB) received information about the presence of terrorists in the Dachigam area through human intelligence. He said 'continuous efforts were made by the IB and the Army from May 22 to July 22 to confirm the information with an equipment made by our agencies to capture ultra signals in Dachigam'. 'While all three are Pakistanis, Hamza Afghani belongs to Khyber Pakhtunkhwa region in north-west Pakistan,' the official said. The official said the terrorists were sighted multiple times in the forest but they always managed to get away. Security forces combed the forests and monitored areas close to streams and rivers as the terrorists came there to fetch water. As reported by The Hindu, a group of 20-25 hardened terrorists from Pakistan infiltrated around three years ago and are said to be operating in the forest and mountains across Pir Panjal in Jammu and the forests in south Kashmir. In 2024, the foreign terrorists split into two groups, one led by Suleman who was killed during Operation Mahadev on July 28 and the other group led by another Pakistani identified as Musa. Since 2021, around 150 security personnel have been killed in Jammu and Kashmir, likely carried out by the same group. 'After Operation Mahadev, we have received crucial information about the other foreign terrorists and we have launched operations to track them down,' said the official.

Rahul Gandhi claims BJP wins since 2014 rigged, mum on Congress
Rahul Gandhi claims BJP wins since 2014 rigged, mum on Congress

Economic Times

time25 minutes ago

  • Economic Times

Rahul Gandhi claims BJP wins since 2014 rigged, mum on Congress

Rahul Gandhi claimed that the Bharatiya Janata Party rigged elections since 2014. He alleged manipulation of up to 100 seats in the recent Lok Sabha polls. Gandhi stated that he has evidence of vote tampering. He recalled an alleged warning from Arun Jaitley. Mallikarjun Kharge raised concerns about voter list revisions in Bihar. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads New Delhi: Congress leader Rahul Gandhi on Saturday triggered a political storm by alleging that most elections won by the BJP since 2014 were fraudulent and that Prime Minister Narendra Modi's third term was only possible due to large-scale rigging in the 2024 Lok Sabha polls . Addressing a legal conclave organised by the Congress's legal cell, Gandhi claimed the BJP manipulated up to 100 seats in the recent general election and said his party would soon present doubled down on his recent attack on the Election Commission, claiming he always had doubts about the fairness of BJP's sweeping victories since 2014. "I always had a suspicion that something was wrong, right from 2014... We don't get a single seat in Rajasthan, Madhya Pradesh, Gujarat. This was surprising to me," he said. Citing "atom bomb-level" evidence of vote tampering, Gandhi alleged that even a rigging of 10-15 seats would have changed the outcome. "Although our suspicion is closer to 70, 80, 100 seats," he also said an upcoming Congress-led event in Karnataka would expose fake voters, claiming that in one seat alone, 1.5 lakh of 6.5 lakh voters were a controversial aside, Gandhi recalled an alleged warning from late BJP leader Arun Jaitley over his support to the farm law protests. "When I was fighting the farm laws, Arun Jaitley ji was sent to me to threaten me," he said. "He told me, 'If you carry on opposing the govt, we will have to act against you.' I looked at him and said, 'I don't think you know who you're talking to'."The remark raised eyebrows as the farm law agitation began in 2020, more than a year after Jaitley's death in August 2019. However, Gandhi positioned the anecdote as part of his broader message of defiance, saying he had told his sister Priyanka Gandhi Vadra that he wasn't afraid of "playing with fire".Congress president Mallikarjun Kharge also targeted the government over the ongoing voter list revision in Bihar. "If 6.5 to 10 million voters are being excluded in a state of 70 million, it's not an error - it's a calculated move to remove the marginalised from the democratic process," he legal head Abhishek Manu Singhvi echoed the concern, warning that the Constitution was being twisted into a "tool of domination". He said it was the Congress that had built Indian democracy "not just in form but in spirit", and would now be called upon to defend Gandhi made no comments about the State elections that his party won in between.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store