US, India Near Deal to Slash Indian Tariffs to 15-16%
India and the United States are nearing a long-stalled trade agreement that would reduce U.S. tariffs on Indian imports to 15% to 16% from 50%, India's Mint reports, citing three people aware of the matter.
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Trump Admin to Investigate Global Drug Costs
President Donald Trump's administration is preparing a new probe into drug pricing practices among U.S. trading partners, a move that would lay the ground for fresh tariffs, The Financial Times reports, citing sources familiar with the matter.
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India to cut Russian oil purchases, U.S. to slash tariffs as they near trade deal: Indian media report
The India-U.S. trade talks collapsed earlier this year with New Delhi not agreeing to widen market access to its vast agricultural and dairy sectors.
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US Ranchers Oppose More Argentine Beef Imports
President Donald Trump 's plan to cut record beef prices by importing more meat from Argentina is running into heated opposition from U.S. ranchers who are enjoying some rare profitable years and skepticism from experts who say the president's move probably wouldn't lead to...
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This week's critical inflation report comes with a variety of doubts about the data
The September CPI report will command full attention from financial markets, even as some investors will view the data with a skeptical eye.
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Early Consumer Earnings Make the Wealth Effect Clear
Prominent consumer-facing companies Coke, 3M, General Motors and Philip Morris all flagged consumer resilience in their earnings reports Tuesday - depending on the consumer.Case in point: industrial conglomerate 3M raised its profit expectations for 2025, while also...
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