THREAD: india bold trade deal gamble
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News Timeline
US-INDIA TRADE Shock: Trump TAX Bill Turmoil and LIV Golf Losses Rattle Markets
— A new US-India trade deal slashing tariffs could shake up global markets. This agreement is set to boost economic ties and change the game for key industries. While American businesses may find fresh opportunities, some will battle tougher competition from Indian imports.
At the same time, Republicans are split over President Trump’s tax cut bill. The fight has stalled progress in Congress and left voters fed up with Washington’s gridlock. One report says people feel “angry and hopeless.”
LIV Golf’s big money losses have cast doubt on Saudi Arabia’s sports gamble. Investors are now questioning if the league can survive after pouring in so much cash.
America is also facing chaos from a major prison break and strikes across several sectors, adding more stress to an already tense economy. Meanwhile, India’s stock market jumped thanks to new rules and growing industries — even as some areas still struggle to keep up.
US-INDIA TRADE Deal Shock: Massive Tariff Slash Could Change Everything
— The United States and India are close to a trade deal that could end years of bitter tariff fights. Sources say the agreement would cut India’s average tariffs on American goods from 13 percent down to just 4 percent. Right now, India charges much higher tariffs than the U.S.—17 percent compared to America’s 3.3 percent, according to global data.
India is offering zero import duties on some U.S. products like airplanes, cars, and medical devices. In return, it wants better access for its own exports — such as jewelry and clothing — in American markets. Indian leaders also hope for more chances in high-tech fields like computer chips and medicine.
The Trump administration had raised tariffs on Indian goods because of a $45 billion trade gap favoring India but paused those hikes while talks continued. Both sides are now looking at “zero-for-zero” deals in key areas like steel and medicine, with the U.S. pressing India to fix strict quality rules that have blocked American companies.
Experts say time is running out before temporary tariff breaks expire. If this deal goes through, it could settle old disputes and open major investment doors for both countries — just as they compete with other nations for future U.S. trade deals.
APPLE’S Bold Gamble: $500 Billion US Investment Ignites Hope as Stores Vanish
— Apple just announced a massive $500 billion plan to boost American manufacturing and create jobs. Over the next four years, Apple will build an AI server factory in Texas, open a new academy in Detroit, and hire 20,000 workers for research and development. This bold move follows CEO Tim Cook’s meeting with President Trump as Apple seeks tariff relief during tough trade talks with China.
At the same time, U.S. retailers are facing hard times. More than 15,000 stores are set to close in 2025 — double last year’s total. Chains like Joann, Walgreens, CVS, Macy’s, and Advanced Auto Parts are closing hundreds of locations each. However, some brands like Aldi and Dollar General are still growing while others shrink.
In other business news: Dooap is teaming up with Amazon Business to help companies using Microsoft Dynamics 365 Finance buy supplies faster. Over in the UK, Virgin Media O2 is joining forces with Daisy Group to form a major new business service provider.
ESPN plans to launch a $30-per-month streaming service that doesn’t need cable TV at all. And even though many shops are shutting down nationwide, Cards Direct is opening its doors in Halifax after Clintons closed — proof that local retail can still adapt when times get tough.
TRUMP’S Bold Peace Deal Halts Nuclear Nightmare Between India-Pakistan
— India and Pakistan, both armed with nuclear weapons, have agreed to a sudden ceasefire after weeks of deadly fighting. Former President Donald Trump stepped in and brokered the deal, announcing it on social media. He praised both countries for showing “Common Sense and Great Intelligence.” The truce comes after a violent attack in Kashmir led to airstrikes, drone hits, and heavy shelling along the border.
Pakistani officials thanked Saudi Arabia and Turkey for helping with talks. Indian leaders confirmed that military commanders from both sides agreed to stop all attacks by land, air, and sea starting May 10. More meetings between top generals are planned to make sure the ceasefire holds.
The United Nations called the agreement a “positive step,” but violence didn’t stop everywhere. Explosions were reported in Kashmir just hours after the announcement. Both India and Pakistan blamed each other for breaking the new peace.
Even with this deal in place, tensions are still high over issues like control of Kashmir and water rights. Experts warn that more fighting could break out since neither side has backed down on key demands from during the conflict.
US-CHINA TRADE Truce Ignites Hope, But Record Deficit Stings Americans
— The U.S. and China have agreed to a 90-day trade truce, cutting tariffs on each other’s goods. U.S. tariffs on Chinese imports dropped from 145% to 30%. China lowered its own tariffs from 125% down to just 10%. This deal sparked a rally in Asian markets, with Japan’s Nikkei jumping nearly 2%. Car makers like Toyota and Suzuki also saw big gains.
But the good news comes with a warning sign. The U.S. Treasury revealed the trade deficit has hit a record $1.2 trillion. Treasury Secretary Scott Bessent claims “substantial progress” in talks with China but didn’t share many details. Lawmakers and global partners are worried about how this growing deficit could hurt American jobs and businesses.
Western car companies are trying new ways to stay competitive as sales drop in China. Volkswagen is teaming up with Ecarx, a Chinese tech company that builds smart car systems. Mercedes-Benz will use Chinese-made sensors for its vehicles around the world.
Meanwhile, Ford put its financial plans on hold because of uncertainty over President Trump’s tariffs — which could cost them $1.5 billion this year alone. In Japan, regulators plan to give crypto assets legal status as financial products by changing laws next year.
INDIA’S Bold Trade Deal Gamble: Will American Workers Pay the Price?
— India wants a new trade deal to cut tariffs on U.S. goods. The plan would lower the average tariff gap between Indian and American exports from 13 percent to just four percent. India is offering zero duties on some U.S. imports and “preferential access” for nearly 90 percent of American products, including planes, cars, medical gear, and animal feed.
In return, India wants better access for its own exports like jewelry, textiles, chemicals, and farm produce. It also hopes to get advanced U.S. technology in computer chips and medicine. Right now, India has a $45.7 billion trade surplus with America.
The Trump administration has called out this huge trade gap as unfair to American workers and businesses. Last month it threatened high tariffs on Indian goods but paused them for 90 days while talks continue.
U.S. officials want India to ease its tough rules on imported medical devices and chemicals that block American companies from selling there. Both countries are under pressure to reach a deal before time runs out — one that could finally tackle years of unfair trading practices against America’s interests.
INDIA’S Trade Demands Spark Fury as First American Pope Stirs Hope
— India is pushing for big tariff cuts on American products. Their goal? Shrink the trade gap with the U.S. from 13 percent to just four percent. If approved, this would remove duties on planes, cars, and medical gear — opening almost all of India’s market to American goods. But U.S. exporters might face new rules in exchange.
In Rome, history was made as Cardinal Robert Francis Prevost became Pope Leo XIV — the first American-born Pope ever. His election comes during a time of global unrest and fresh calls for peace in places like Kashmir.
Old conflicts are still simmering around the world. The Israel-Palestine fight and tensions in Kashmir continue with no major changes today.
These events show our world is facing old problems but also seeing big changes that could shape our future.
TRUMP’S Trade Deal Delivers Hope And Power To American Farmers
— President Trump’s new TRADE deal with the United Kingdom is being called a huge win for American farmers and ranchers. White House adviser Rollins said, “The deal puts American agriculture first,” pointing to bigger beef exports as a top benefit.
Farmers will likely see higher profits and gain new access to British markets. This agreement is another step in Trump’s “America First” trade plan, which helps U.S. producers compete overseas.
The administration keeps working on deals that put American businesses and workers ahead of foreign interests.
With little other business news on May 8, 2025, this announcement stands out as an economic bright spot for rural America.
INDIA’S Desperate Gamble: US Trade Deal Could Save Billions from Painful Tarif F Hike
— India is racing to strike a trade deal with the United States before a 90-day tariff break runs out. If they fail, steep new tariffs could hit Indian exports hard. The plan would cut India’s average tariffs from 17 percent down to nearly America’s much lower 3.3 percent rate.
The proposed agreement gives the U.S. big wins: India would drop duties on some American goods and open its market wider for almost 90 percent of U.S. imports, like cars, planes, and medical devices. In exchange, India wants easier access for its own products — such as jewelry and textiles — and hopes to get more advanced technology from America.
President Trump’s team has blasted India’s $45.7 billion trade surplus with the U.S., calling it unfair competition. They’ve warned that if no deal is reached soon, heavy new tariffs will slam Indian exports.
Experts say India still shields its home industries but needs this deal fast to boost sales abroad and attract investment for growth. Both sides are under pressure as the deadline gets closer by the day.
UK-INDIA Trade Deal IGNITES Hope for Stronger Post-Brexit Future
— The United Kingdom and India have signed a new trade deal after years of talks. Leaders from both countries are calling it a “landmark” agreement. The deal will cut tariffs, open markets, and bring the two nations closer together.
This is a big win for Britain as it looks to build new partnerships outside the European Union. The agreement covers things like digital trade, property rights, and fair business rules. Industries such as cars, medicine, clothing, and tech are set to gain.
Business leaders in both countries say this deal will create jobs and attract more investment. They see it as a chance for fresh growth on both sides.
Experts believe this move helps the UK shift its trade focus toward fast-growing markets like India. It could also shape how Britain makes deals with other countries in the future.
BRAZIL’S Bold Gamble: Global Power Play Ignites Trade WAR Fears
— Brazil is grabbing the world’s attention as it gets ready to host the BRICS summit in July 2025. President Lula da Silva is leading a busy schedule, with plans for a regional meeting in Honduras, an official visit to France, and support for peace talks between Russia and Ukraine during his trip to Portugal.
These moves come at a tense moment. President Trump has warned he may slap new tariffs on Russian oil if there’s no deal over Ukraine. Meanwhile, China is trying to pull Latin America closer through its CELAC forum, hoping to boost its influence in the region.
Brazil’s active diplomacy shows it wants a bigger role on the world stage. The country hopes to act as mediator between major powers like the US, Russia, and China while pushing for stronger ties in Latin America.
With trade wars looming and global tensions rising, Brazil’s bold approach could shape how these big issues play out — or backfire if things go wrong.
VANCE UNLEASHES on “Doomsday” Environmentalism, Celebrates India’s Bold Rise
— Senator J.D. Vance took aim at Western leaders for pushing what he called “doomsday environmentalist ideology.” He said these policies hold back growth and make America rely on foreign rivals. In contrast, Vance praised India’s spirit to build and move forward.
He pointed to President Trump’s tariffs as a smart way to fix unfair trade and help both the U.S. and India. Vance said Trump’s focus on American industry matches Prime Minister Modi’s vision for a stronger India. He criticized past leaders who lectured India instead of treating them as equals.
Vance stressed the need for closer economic and defense ties between America and India. He said the U.S. is ready to help India grow its energy sector, especially nuclear power.
On defense, Vance talked about making military gear together, like Javelin missiles and Striker vehicles. He believes strong teamwork keeps both countries safe by showing strength — not weakness — to those who threaten peace.
VANCE TORCHES Western Fear — Hails India’S Hope And Trump’S Bold Trade Plan
— Senator J.D. Vance called out the “doom and gloom” attitude he sees in many Western countries. He praised India for its hope and drive, saying it stands in sharp contrast to the fear pushed by environmental alarmists in the West.
Vance said these alarmists want policies that slow down growth and make America more dependent on rivals like China. He warned that this mindset hurts families and weakens our country.
He also backed President Trump’s trade tariffs, saying they would help fix unfair global trade rules. Vance believes Trump’s focus on strong American industry matches Prime Minister Modi’s goals for India.
Vance pointed to growing defense ties between the U.S. and India, such as making Javelin missiles together. He says this teamwork keeps both nations safer while showing strength to those who might threaten us.
US-UK TRADE DEAL "Highly Likely": Vice President Vance’s Bold Prediction
— A trade deal between the United States and the United Kingdom is “highly likely,” according to Vice President JD Vance. In an interview with UnHerd, Vance shared his optimism about a mutually beneficial agreement. He noted President Trump’s fondness for the UK, which shapes ongoing trade discussions.
The UK was placed on Trump’s global tariff minimum due to its balanced trade relationship and Trump’s personal affinity for the nation. Washington is actively pursuing a deal with Britain, emphasizing cultural ties and shared heritage. Both Trump and Vance proudly acknowledge their British roots, contrasting previous administrations’ anti-British sentiments.
Vance’s comments align with reports prioritizing trade deals with nations like the UK, Australia, South Korea, and Japan — focusing on Asia but including Anglo allies. This focus may disappoint other nations eager for deals after Trump’s tariff announcements. Countries already negotiating may benefit more from these upcoming agreements.
Vance contrasted the UK’s reciprocal trade relationship with Germany’s export-heavy approach to the U.S., noting challenges American businesses face in Germany. The U.S.-UK relationship remains strong amid these negotiations, highlighting cultural affinities and historical connections as key factors in advancing talks.
UK-INDIA TRADE Deal: A Game-Changer for Economic Growth
— The UK and India have reached a big step in their free trade deal, agreeing on 90% of the terms. This includes major tariff cuts on key UK exports like scotch whisky and cars. The agreement is set to greatly boost economic ties between the two countries.
RUSSIAN MINISTER BREAKS SANCTIONS: A Bold Violation
Former Russian minister Dmitry Ovsiannikov was found guilty of breaking UK sanctions by moving money into a British bank account. This is the first conviction under the Russia Sanctions Regulations in the UK. It shows how serious the UK is about enforcing its sanctions rules strictly.
UK NEEDS STRONGER EUROPEAN TRADE LINKS, Says Chancellor
Chancellor Rachel Reeves says improving trade with Europe is vital for post-Brexit Britain, especially with US tariff issues ongoing. Strengthening these ties could help ease some economic problems Britain faces due to global trade tensions. Her call highlights why strategic partnerships are needed in today’s changing world.
TRUMP’S Bold Trade Move Shakes Global Markets
— Former President Donald Trump has signed orders for “reciprocal tariffs” aimed at countries with unfair trade practices. This plan is to protect American jobs by taxing goods from nations harming the U.S. economy. It’s a major shift in U.S. trade policy, affecting many imports.
Trump calls these tariffs vital to balance foreign advantages over American manufacturers, showing his focus on American workers and industries. This aligns with his re-election strategy, emphasizing economic nationalism as a key point. Supporters see it as reclaiming economic control, while critics warn of possible retaliatory tariffs and tense international relations.
Economists are split on the effects, worried about complicating U.S. trade further and raising consumer costs if other countries retaliate. The announcement has sparked mixed reactions across political lines, showing different views on its economic impact potential.
As Trump boosts his campaign efforts, this sweeping tariff policy will be watched closely by both domestic and international stakeholders for its effects on global trade dynamics and the future direction of the U.S economy’s path forward.
TRUMP’S Bold Trade Plan Sends Global Markets Into Turmoil
— President Donald TRUMP is set to announce new reciprocal tariffs on Thursday. These tariffs aim to match the tax rates other countries impose on U.S. imports. This move is part of Trump’s strategy to reshape international trade and counteract barriers that hurt American businesses.
Trump’s plan has sparked discussions among global trading partners, potentially impacting economic relations and market stability. The announcement follows a memo he signed, directing his team to calculate duties that align with those charged by other nations.
In addition to trade policy changes, the Trump administration has started workforce reductions across federal agencies, affecting recent hires in departments like Education and Energy. These actions reflect a broader agenda focused on reducing government size and boosting efficiency.
Meanwhile, Southern California faces severe weather threats as heavy rains prompt evacuations due to potential debris flows in wildfire-scarred areas. Residents are urged to stay alert as CalTrans crews work tirelessly to reduce flooding risks in affected regions.
TRUMP’S Bold Move: Ending Canadian Trade Loophole Shakes Up Business
— Canadian businesses are facing new challenges as the U.S. ends the “de minimis” rule for duty-free imports. This change, driven by former President Donald Trump’s executive order, will now impose tariffs on goods that were previously exempt due to their low value.
Sheena Russell, founder of Made with Local in Dartmouth, N.S., is worried about rising costs affecting her snack food business. With the executive order taking effect next month, companies are bracing for higher expenses and more administrative hurdles.
This development comes when businesses are already dealing with various economic pressures. The end of this loophole is expected to cause a demand shock as Canadian companies adjust to the new trade landscape.
“INDIA’S Jan Vishwas Bill: A Bold Boost for Business”
— The Indian government has rolled out the “Jan Vishwas Bill” to transform how businesses operate. This law aims to simplify rules and cut down on red tape. It hopes to make India more welcoming for investors, drawing in foreign money and helping local companies grow.
By tackling bureaucratic obstacles, the Bill is expected to drive economic growth. Supporters say it will make business dealings clearer and more efficient. This could make India a top choice for global companies wanting to expand their reach.
The Jan Vishwas Bill shows India’s active stance during global economic changes. It highlights the importance of a competitive business scene in the country. This move is a key step in India’s push to boost its economy through new laws.
BOLD MOVE: India’s Jan Vishwas Bill to Revolutionize Business
— The Indian government is set to introduce the Jan Vishwas Bill 2.0, targeting easier business operations by removing over 100 outdated legal provisions. Union Finance Minister Nirmala Sitharaman announced this during the Union Budget 2025-26 presentation. Key changes include amending the Trade Marks Act of 1999, replacing jail time for minor violations with fines based on business turnover.
These reforms aim to boost business and investment climates by reducing regulatory risks and encouraging entrepreneurship. The Observer Research Foundation noted that over half of India’s 1,536 business laws involve imprisonment clauses, creating legal hurdles for businesses.
Additional budget proposals include forming a High-Level Committee for Regulatory Reforms and introducing an Investment Friendliness Index of States. These measures seek to streamline regulations and attract both domestic and foreign investments, particularly benefiting MSMEs and startups.
The Economic Survey highlights deregulation’s role in boosting economic growth by enhancing capital formation and job opportunities in India. This aligns with global trends as countries look to simplify regulatory frameworks amidst changing trade dynamics influenced by international policies like potential Trump tariffs on China.
— UK Ambassador Teams Up with Farage to Win Over Trump Lord Mandelson plans to collaborate with Nigel Farage in efforts to strengthen ties with the Trump administration
— EU Sets Three Conditions for UK Trade Deal as Starmer Pursues Post-Brexit Agreement Brussels is reportedly preparing to demand that the UK adhere to EU laws for the first time since Brexit in negotiations with Labour leader Sir Keir Starmer
— Canada Prepares Tariff Retaliation Amid Trade Tensions A Canadian government official announced that the country is considering potential tariff targets in response to ongoing trade disputes
— Adani’s US Fraud Charges May Impact India’s Economy Gautam Adani faces fraud allegations in the US, raising concerns about potential broader implications for India’s financial landscape
— China Prepares for Key Week Amid US Elections and Stimulus Anticipation Markets are closely watching as China braces for significant developments related to the upcoming US elections and potential economic stimulus announcements
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UK’S CONSERVATIVE Government Unveils TAX Cuts Strategy: A Bold Move to Win Over Voters
— The Conservative government of the UK, under the leadership of Prime Minister Rishi Sunak, is strategizing a tax cut to win voter favor. This decision comes as a strategic move in anticipation of next year’s national election, where current polls hint at a possible Conservative defeat.
On Monday, Sunak declared his government’s intention to “cut tax and reward hard work”, while steering clear from any measures that might jeopardize their success in taming inflation. The UK is currently burdened with its highest tax level in seven decades due to the economic aftermath of COVID-19 and energy price surges triggered by Russia’s invasion of Ukraine.
Inflation has been reined in to 4.6% from an alarming 41-year peak of 11.1% last year, thereby paving way for these proposed tax cuts. “With inflation now halved and our growth stronger — leading to higher revenues — we can shift gears into the next phase and focus on cutting taxes,” stated Sunak.
Sunak assumed office as prime minister in October 2022 following Liz Truss’s brief stint which ended amidst financial market chaos caused by unfunded tax cuts. He pledged stability for Britain’s economy post this tumultuous period.
Social Chatter
What the World is SayingFormer President Donald Trump is once again targeting global trade practices, this time zeroing in on tech giant Apple and its increasing reliance on India for iPhone production. 🔗: https://what...
. . .🇺🇸🇬🇧 "We signed a tremendous trade deal... With this deal, the UK joins the US in affirming that reciprocity and fairness is an essential and vital principle of international trade....
. . .Congrats Ma for your book coming to India. You are crushing it! ❤️💃❤️
. . .It was an honor to speak with PM Modi. I am looking forward to visiting India later this year!
. . .Indian Stock Market Daily Discussion Thread. Indian Stock Market Daily Discussion Thread Ask and discuss your investing related queries here! Beware that these answers are just opinions of fellow Redditors and should only be used as a starting point for your research. This is NOT financial advice, in legal sense of the term.
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