US President Trump hails trade deal with India as 'historic'
New York/Washington (PTI): US President Donald Trump has hailed the trade deal with India as “historic” and said America will increase its coal exports dramatically to the country and to others with which it has trade agreements.
“And under our leadership, we're becoming a massive energy exporter. In just the past few months, we've made historic trade deals with Japan, Korea, India and others to increase our coal exports dramatically,” Trump said Wednesday during an event titled ‘Champion of Coal’.
"We're now exporting coal all over the world, and the quality of our coal is supposed to be...the finest anywhere in the world,” he said.
Last week, the US and India announced they have reached a framework for an interim agreement on trade, under which New Delhi will eliminate or reduce tariffs on all American industrial goods, a wide range of food and agricultural products, as well as purchase USD 500 billion of US products over the next five years.
A joint statement issued by the two countries on Friday said they have reached a framework "regarding reciprocal and mutually beneficial trade.”
It said that India “intends to purchase USD 500 billion of US energy products, aircraft and aircraft parts, precious metals, technology products, and coking coal over the next five years.”
It added that the framework reaffirms the countries’ commitment to the broader US-India Bilateral Trade Agreement (BTA) negotiations, launched by President Trump and Prime Minister Narendra Modi on February 13, 2025, which will include additional market access commitments and support more resilient supply chains.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Curbs on movement, assembly remain in force in Kashmir after protests against Khamenei's killing
Srinagar (PTI): Normal life in Kashmir was affected for the fifth consecutive day as partial restrictions on movement of people remained in force as a precautionary measure.
The restrictions were imposed on Monday after spontaneous protests broke out across Kashmir a day earlier against the killing of Iran's supreme leader Ayatollah Ali Khamenei in US-Israel joint strikes.
Chief minister Omar Abdullah on Wednesday held a meeting with civil society representatives and religious leaders as part of efforts to bring the situation back to normalcy.
ALSO READ: Protests against Khamenei's killing: Curbs remain in force in Kashmir
After the meeting, Abdullah appealed to people to maintain peace while expressing grief and anger in "mosques, shrines and Imambaras".
The government has shut educational institutions till Saturday, and reduced mobile internet speeds.
"Restrictions on the movement and assembly of the people continued in many parts of Kashmir on Thursday," the officials said.
A large number of police and paramilitary CRPF personnel were deployed across the city to prevent gatherings of protestors, the officials said.
They added that concertina wires and barricades were placed at important intersections leading into the city, while asserting that these were precautionary measures imposed to maintain law and order.
The iconic Ghanta Ghar in the city centre of Lal Chowk here continued to remain a no-go zone after the authorities sealed area with barricades erected all around it on late Sunday night.
The move to seal the Ghanta Ghar came after it witnessed massive protests on Sunday after Khamenei's assassination in the joint air strikes by the US and Israel.
This is the first time since August 2019 -- when Article 370 was revoked -- that protests on such a large scale have taken place in Kashmir.
