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The US Commerce Secretary, Howard Lutnick, said that the United States could reach a trade agreement soon with New Delhi. Lutnick touched upon various pain points between the two nations and suggested that India should scale back its involvement in BRICS and maintain cordial business relations with the US. He said that India rubbed the US the wrong way after buying military equipment from its BRICS counterpart, Russia. “There were certain things that the Indian government did that generally rubbed the United States the wrong way. For instance, generally buying your military gear from Russia,” he said. To mend things, he said that the Modi government is now buying military arms from the US. “So I think India is starting to move towards buying military equipment from the United States, which then goes a long way,” he added. Also Read: BRICS: Morgan Stanley Bets the US Dollar To Decline BRICS: US Urges India To Open Up Their Markets: ‘We Want Access to Business and Finance’ S...

Evidence suggests the Trump administration plans to cut U.S. duties on China by half through recent reports. The current efforts of President Trump to ease trade tensions with Beijing coincide with his willingness to reduce U.S. tariffs on China during this writing period. JUST IN: US tariffs on China will likely be reduced by 50%, WSJ reports. — Watcher.Guru (@WatcherGuru) April 23, 2025 Also Read: BRICS: India Plays ‘Double Game’ With the US Dollar? What Trump’s Tariff Cuts Mean for Trade, Markets, and Investors Source: The New York Times Trump Signals Major Tariff Cuts The Trump administration currently examines different methods for reducing the American trade barrier on Chinese imports, which he imposed in his second term, through possible reductions of 50% to 65%. Ears of political representatives currently explore a plan that duplicates previous House Committee on China recommendations. President Trump said: “But it won’t be zero.” China’s Response ...