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Whatever they tax us, we tax them: Trump to India, EU, China

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Washington, March 5: US President Donald Trump, in his first address to a joint session of Congress, said the reciprocal tariffs would take effect on April 2, reinforcing his administration’s stance on trade policy and criticising European Union, China, Brazil, India, and South Korea for high tariffs.

He said, “Whatever they tax us, we tax them.”Trump said.

“Other countries have used tariffs against us for decades, and now it is our turn to start using them against those other countries. On average, the European Union, China, Brazil, India, Mexico, Canada, and countless other nations charge us tremendously higher tariffs than we charge them; it is very unfair,” said Trump.

“India charges us tariffs 100 per cent, China’s average tariff on our products is twice what we charge them.. South Korea’s average tariff is four times higher… the system is not fair to the US, and it never was…on April 2, reciprocal tariffs kick in, and whatever they tariff us… we will tariff them…whatever they tax us, we will tax them. If they do non-monetary tariff to keep us out of their market, then we will do non-monetary barriers to keep them out of our market…”

“Those goods that come in from other countries and companies, they’re really, really in a bad position in so many different ways. They’re uninspected. They may be very dirty and disgusting as they come in, and they pour in and hurt our American farmers,” said Trump.

While hitting out at the previous Democrat regime, he said, “We inherited from the last administration an economic catastrophe and an inflation nightmare. Their policies drove up energy prices and drove the necessities of life out of reach for millions of Americans…we suffered the worst inflation in 48 years…As president, I am fighting every day to reverse this damage and make America affordable again”.

In a push for tax deductions, Trump said he wants to make interest payments on car loans tax-deductible, but only if the vehicles are made in the US. He also stressed his commitment to boosting domestic manufacturing, stating, “We want to cut taxes on domestic production.”

He clarified that there would be no tax on Social Security benefits for seniors.

Trump emphasised his administration’s commitment to lowering energy costs as part of his fight against inflation. He criticised the Biden administration for shutting down over 100 power plants and asserted, “We are opening up many of those power plants right now.”

As Trump outlined the budget cuts his administration claimed to have made, Democrats grew increasingly vocal, responding with groans and shouts of “Not true!,” “Bullshit!,” and “Those are lies!”

The 78-year-old President said he was “just getting started” on his radical plans to reshape the country. “The American Dream is surging — bigger and better than ever before. The American Dream is unstoppable, and our country is on the verge of a comeback the likes of which the world has never witnessed, and perhaps will never witness again,” he said

The president hailed the achievements of his first six weeks, vowing to press on with his polarizing bid to reshape the US government and end the Ukraine war — whatever the cost.

“We have accomplished more in 43 days than most administrations accomplish in four years or eight years — and we are just getting started,” Trump said to frequent chants from loyal lawmakers of “USA, USA!”

Crime

Intelligence alert: Pak-backed D-company gears up to push in fake notes worth crores before polls in India

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New Delhi, Jan 27: With back to back elections set to be held in India this year, Intelligence agencies have warned that the fake currency racket is bound to increase. The Dawood Syndicate which controls this racket from Pakistan, has increased printing of fake notes and the same is being moved to Bangladesh and Nepal.

An Intelligence Bureau official said that they have noticed heightened activity in Malda, West Bengal which is the main landing point for fake currency from the neighbouring country. Those running the racket in Malda have been preparing to receive a massive consignment from Bangladesh, the official added.

Another official said that the Dawood Syndicate will also look to move fake currency through the Nepal border and hence there is a heightened alert. These elements are trying to take advantage of the fact that the security mechanism will be more focussed on the elections and hence they would be able to get away with their nefarious activities.

Officials say that it is important that this menace is controlled at the border itself. Once the fake currency enters the country it is next to impossible to detect, the official added.

The Intelligence agencies who work closely with the forensics department have learnt that the notes are of very high quality and forensic experts believe that the notes are printed on highly sophisticated machines. The Pakistan establishment has invested huge capital to ensure that these notes cannot be detected by the Indian agencies.

Officials say that the fake currency has the perfect watermark formulation. This indicates that the notes are printed on regular currency making machines, which can be owned only by a state.

Intelligence agencies have learnt that fake currency notes to the tune of crores of Rupees were moved into Bangladesh. Most of the fake notes were dropped off using the sea route, the agencies have learnt. The D Syndicate finds this route easier today as there are no checks for Pakistan, thanks to Dhaka’s new soft policy towards Islamabad.

Under Muhammad Yunus the sea route was opened up to Pakistan for the first time. Indian agencies suspect that huge consignments of arms and ammunition have reached Bangladesh using the sea route. The same route is also being used to push the fake currency into Bangladesh.

The challenge would however be to bring it into India. The D Company will try to use both the Nepal and Bangladesh border to smuggle in the fake currency, officials say. While the consignment that comes in from Nepal would be taken to Bihar, the fake notes at the Bangladesh border will be moved into Malda.

From here the notes would be distributed to other parts of the country. Another official added that once the notes land in India, the target states would be the ones where elections are scheduled to be held.

Elections are due in Assam, West Bengal, Tamil Nadu, Kerala and Puducherry. The polls are scheduled to be held between March and May 2026. Officials say that the D gang would try and move most of the fake notes into these states since the security agencies would be too busy with the elections.

The agencies are keeping a close watch on the border areas. The alert is high in Malda and the neighbouring areas, as the Intelligence agencies say that the biggest consignment would land in these places.

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PM Modi welcomes UAE President at airport, hails strong friendship between both nations

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New Delhi, Jan 19: In a special gesture, Prime Minister Narendra Modi on Monday travelled to the Delhi airport and personally welcomed UAE President Shaikh Mohamed bin Zayed Al Nahyan as he began his third official visit to the country since assuming office.

Both leaders also travelled together in the same car from the airport, showcasing their longstanding friendship and the multi-faceted partnership between the two countries. This is the UAE President’s fifth visit to India over the past decade.

“Went to the airport to welcome my brother, His Highness Shaikh Mohamed bin Zayed Al Nahyan, President of the UAE. His visit illustrates the importance he attaches to a strong India-UAE friendship. Looking forward to our discussions,” PM Modi posted on X.

Shaikh Mohamed bin Zayed Al Nahyan’s India visit builds on the strong momentum generated by recent high-level exchanges, including the visit of Shaikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi in September 2024, and the visit of Shaikh Hamdan bin Mohammed bin Rashid Al Maktoum, Deputy Prime Minister and Minister of Defence of the UAE and Crown Prince of Dubai in April 2025.

“India and the UAE share warm, close, and multi-faceted relations, underpinned by strong political, cultural, and economic ties. The two countries are among each other’s top trading and investment partners, bolstered by the Comprehensive Economic Partnership Agreement (CEPA), the Local Currency Settlement (LCS) system, and the Bilateral Investment Treaty. India and the UAE also enjoy a robust energy partnership, including long-term energy supply arrangements,” read a statement issued by the Ministry of External Affairs (MEA) ahead of the UAE President’s visit.

“The visit will provide an opportunity for the two leaders to chart new frontiers for the India–UAE Comprehensive Strategic Partnership. It will also enable an exchange of views on regional and global issues of mutual interest, where India and the UAE share a high degree of convergence,” it added.

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Trump says US reshaped global dynamics

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Washington, Jan 17: President Donald Trump said that his administration had reshaped global dynamics through assertive diplomacy and military action, laying out an expansive account of US foreign policy and economic gains during remarks at a Florida event.

Trump said US actions abroad had produced swift and decisive outcomes. “We have peace in the Middle East. Nobody thought that was going to be possible,” he said, pointing to what he described as multiple agreements reached within a year.

He also claimed “US intervention” helped avert conflict between two nuclear nations — India and Pakistan, and said the effort saved “many millions of people.”

Trump said Iran’s nuclear ambitions had been dismantled, declaring that the United States had “obliterated Iran’s nuclear enrichment capacity with Operation Midnight Hammer.” He also cited operations against militant leaders, including the founder of ISIS and Iranian General Qassem Soleimani, arguing that decisive military action had strengthened US security and deterrence.

Trump said the United States had apprehended Venezuelan President Nicolas Maduro, describing him as an “outlaw” and asserting that “no other nation in the world could have done” what the United States achieved. He said the move was part of a broader effort to reset relations and relieve regional pressures.

The president said the United States had attracted unprecedented levels of foreign investment. “We have $18 trillion being invested,” he said, adding that the total could rise further.

He credited tax cuts, regulatory rollbacks and tariffs for driving growth and said manufacturing activity was expanding at historic levels. “We’re building more factories in the United States now than at any time in our history,” he said, citing both automotive and advanced technology sectors.

Trump said tariffs played a central role in pushing companies to shift production to the United States. “They don’t want to pay the tariffs,” he said, calling it a “pretty simple formula.” He also pointed to stock market performance and retirement savings, saying 401(k) accounts were “doing better than they’ve ever done before.”

On immigration, Trump said his administration had fully secured the southern border, describing illegal crossings as an “invasion” that had been halted. He said enforcement efforts focused on violent criminals and gangs, while legal immigration continued through established processes.

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