US Treasury Secretary Aims for Harmony Amid US-India Trade Tension

News Snapshot:

US Treasury Secretary Scott Bessent expressed confidence in resolving trade tensions between the United States and India, asserting that New Delhi's values are closer to Washington than those of China and Russia. Speaking to Fox Business, Bessent downplayed the importance of the Shanghai Cooperation Organisation (SCO) Summit, describing it as largely performative. Bessent remarked that despite current frictions, driven by tariffs on Indian goods and criticism of India's purchases of Russian oil, the US and India, being two large democracies, can find common ground. Meanwhile, White House trade adviser Peter Navarro criticized Indian Prime Minister Narendra Modi for his meetings...