News Snapshot:
US President Donald Trump said on Tuesdy (local time) that he’s not looking at lowering tariffs on India. His remarks came one week after the US doubled levies on the country’s imports to 50% as punishment for its Russian oil imports. Trump responded “no” when asked by a reporter whether he is considering taking away some of the tariffs imposed on India. “We get along with India very well,” Trump was quoted by Bloomberg as saying on Tuesday at a White House event. The US President, however, criticised what he said was an imbalanced trade relationship with New Delhi because...