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United News of India
30 minutes ago
- United News of India
India, Brazil talks to focus on five important pillars: President Lula ahead of talks with PM Modi
Brasilia/New Delhi, July 8 (UNI) Brazilian President Inacio Lula da Silva said the bilateral talks with Prime Minister Narendra Modi being held at the Alvorada Palace in Brasilia today would focus on five priority pillars for collaboration over the next decade, describing the two countries as sister nations. The five pillars are: Defense and security, Food and nutritional security, Energy transition and climate change, Digital transformation and emerging technologies and Industrial partnerships in strategic sectors such as aerospace, pharmaceuticals, oil and gas, and critical minerals In a post on X, the Brazilian President said ahead of sitting down for talks with PM Modi: 'Today we are welcoming Prime Minister @narendramodi for a State Visit. In this meeting, we will endorse five priority pillars for joint work over the next decade: Defense and security Food and nutritional security Energy transition and climate change Digital transformation and emerging technologies Industrial partnerships in strategic sectors such as aerospace, pharmaceuticals, oil and gas, and critical minerals 'Brazil and India are sister nations, sharing common interests in the development of the Global South.' Earlier, he said in a post on X that the two sides are set to ink important agreements. 'Today, I welcome Prime Minister @narendramodi for a State Visit. We will sign new agreements and take another important step in strengthening bilateral relations between Brazil and India.' PM Modi is paying a state visit to Brazil, the first by an Indian Prime Minister in nearly six decades. UNI RN


Hindustan Times
31 minutes ago
- Hindustan Times
More of Trump trade uncertainty
When President Donald Trump announced reciprocal tariffs on April 2, he marked the end of an era in global trade where the US was both a vanguard of the rules-based multilateral trade order and the largest market for many exporters. This arrangement did not just help exporters, the US too had access to cheap goods. Before the tariffs could kick in, Trump put them on hold till July 9 during which period bilateral deals were to be negotiated on terms beneficial to the US. A day before the deadline was supposed to expire, the US announced almost identical tariffs on 14 countries — they range from Japan to Myanmar in economic importance and India is yet to get a 'letter' — and threatened significant additional tariffs in case they retaliate. To be sure, Trump has kicked the can of tariff imposition down the road once more, this time to August 1. A few days ago, he announced a differentiated tariff deal with Vietnam: 20% for Vietnamese goods and 40% on trans-shipments (read redirected Chinese exports to the US). A temporary truce with China had been struck even earlier. Is there a larger takeaway from all this? Three observations can be made. One, Trump seems to have overestimated his deal making abilities with other countries. The tariffs are pretty much what they were in April, and the announcements have been unilateral rather than bilateral. Two, the US's approach to trade has now clearly shifted from a 'target China' strategy to 'target everyone'. While Trump has agreed to a 55% tariff on China as part of a temporary truce, tariffs on other countries are also significantly high, even though lower than China. The rest of the world will clearly take note of this. Three, and this is the most important, is the message that in order to negotiate with the US, one has to have a strong bargaining chip now. Trump's détente with China came after the latter held back its critical rare earth mineral supplies, the lack of which would have crippled electronics manufacturing in the US. Countries which do not have such cards against the US are being dealt a much worse deal. To be sure, Trump's ultimate test would be whether the US economy can survive the inflationary impact of these tariffs as and when they kick in. The August 1 deadline might well be extended once again. Uncertainty is the only certainty now.


Hindustan Times
31 minutes ago
- Hindustan Times
Indian government denies Elon Musk firm X's claim on blocking Reuters: ‘No fresh order issued'
The Indian government on Tuesday denied issuing any fresh orders on July 3 to block accounts of any global news agency, including Reuters, on Elon Musk's microblogging site X (formerly Twitter). The Indian Government said it has not issued any fresh blocking order on 3rd July, 2025 to Elon Musk's X.(AFP file) The government's response comes just hours after X claimed that it was asked to block 2,355 accounts in India, including international news outlets such as Reuters, on July 3, under section 69A of the IT Act. Refuting the allegations, an official spokesperson of the Indian government said as soon as X accounts of Reuters and Reuters World were withheld in India on Saturday evening, it got in touch with the social media platform to unblock them. This is in contrast to X's claimed that the Indian government made the request only after public outcry. 'The Government has not issued any fresh blocking order on 3rd July, 2025 and has no intention to block any prominent international News Channels including Reuters and ReutersWorld. The moment Reuters and ReutersWorld were blocked on X platform in India, immediately the government wrote to 'X' to unblock them,' said the official spokesperson in a statement. It also added that while the government engaged with X 'vigorously' since the the night of July 5 (Saturday), the platform 'un-necessarily exploited technicalities' involved around the process and did not unblock the URLs until the evening of July 6, over 21 hours later. 'The Government continuously engaged and vigorously pursued with 'X' from the late night of 5th July 2025. 'X' has un-necessarily exploited technicalities involved around the process and didn't unblock the URLs. However, after lot of follow up on hourly basis, X has finally unblocked Reuters and other URLs after 9 pm on 6th July 2025. They took more than 21 hours to unblock Reuters,' the statement said. Elon Musk-owned microblogging site X alleged on Tuesday that on July 3, the Indian government ordered it to block 2,355 accounts, including that of Reuters. It added that non-compliance to the order risked criminal liability. The social media platform also claimed and that India's IT ministry demanded it to adhere to the orders within an hour and did not provide any justification for the move. 'On July 3, 2025, the Indian government ordered X to block 2,355 accounts in India, including international news outlets like @Reuters and @ReutersWorld, under Section 69A of the IT Act. Non-compliance risked criminal liability. The Ministry of Electronics and Information Technology demanded immediate action- within one hour- without providing justification, and required the accounts to remain blocked until further notice,' said a post by X' Global Government Affairs account. It added that the government requested X to unblock Reuters' accounts after 'public outcry' Alleging press censorship in India, X said that it is exploring all legal options available. 'We are deeply concerned about ongoing press censorship in India due to these blocking orders. X is exploring all legal options available. Unlike users located in India, X is restricted by Indian law in its ability to bring legal challenges against these executive orders. We urge affected users to pursue legal remedies through the courts," it said.