Trump’s mixed signals put India’s U.S. ally status in question

President Trump said the U.S. and India are staying at the table on a trade deal, coming less than two weeks after he imposed fresh duties on Indian imports tied to New Delhi’s purchases of Russian oil.

Posting on Truth Social on Tuesday, Trump described Indian Prime Minister Narendra Modi as a “very good friend” and said they expect to talk in the “upcoming weeks.”

“I am pleased to announce that India, and the United States of America, are continuing negotiations to address the Trade Barriers between our two Nations. I look forward to speaking with my very good friend, Prime Minister Modi, in the upcoming weeks,” Trump wrote in his Truth Social post.

“I feel certain that there will be no difficulty in coming to a successful conclusion for both of our Great Countries!”

Trump walks back comment on losing India and Russia to China

Earlier in the week, Xi convened more than 20 leaders from non-Western nations, including Modi and Putin, for the Shanghai Cooperation Organization summit in Tianjin, a Chinese port city.

The trip was Modi’s first to China in seven years and suggested a possible easing of tensions between the two Asian neighbors.

“Looks like we’ve lost India and Russia to deepest, darkest, China. May they have a long and prosperous future together!” Trump wrote on social media, sharing a photograph showing Modi alongside Xi and Putin.

Later on Friday, pressed by reporters about the remark, Trump moderated his tone and said he did not believe the US had lost India to China. “I don’t think we have,” he said. “I’ve been very disappointed that India would be buying so much oil, as you know, from Russia. And I let them know that.”

Trump also highlighted his personal bond with the Indian leader. He said he “will always be friends with Modi” and said “India and the United States have a special relationship.” He added, “There is nothing to worry about.”

Trump wants EU to impose 100% tariffs on India and China over Russia ties

The US president has voiced frustration at not being able to broker an end to the conflict between Russia and Ukraine, now more than three years after Russian forces crossed the border.

Continued fighting and strikes have made prospects for talks harder.

In an effort to increase pressure on Moscow, Trump has asked the European Union to impose tariffs of up to 100% on India and China, according to the Financial Times citing officials familiar with the discussion.

He made the request after joining by phone a Tuesday meeting in Washington where senior US and EU officials weighed steps to raise the war’s economic cost for Russia.

“We’re ready to go, ready to go right now, but we’re only going to do this if our European partners step up with us,” one US official said, describing the tariff plan. As Cryptopolitan reported earlier, Trump has already promised to punish India “substantially” for its relations with Russia.

A second US official said Washington would be prepared to “mirror” any EU tariffs on China and India,  a move that could push US duties on imports from both countries even higher.

“The president came on this morning and his view is that the obvious approach here is, let’s all put on dramatic tariffs and keep the tariffs on until the Chinese agree to stop buying the oil. There really aren’t many other places that oil can go,” the first US official said.

Later on Tuesday, Trump told reporters he expected to speak with Russian President Vladimir Putin “this week or early next week.”

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Best crypto to buy now: ADA and XRP mentioned but analysts favour RTX

Best crypto to buy now: ADA and XRP mentioned but analysts favour RTX

While traditional names like Cardano and XRP remain popular, a new wave of crypto sentiment is forming around Remittix as the best crypto to buy now for a potential 30x breakout. With Remittix (RTX) surging past $24.7 million raised and its September wallet beta set to launch on the 15th, investor interest is accelerating rapidly. Analysts are now tipping Remittix to lead the next market rally, outperforming slower-moving top ten giants.Cardano faces growing pressure from HyperliquidCardano (ADA) is currently priced around $0.8908, but its grip on the top 10 is weakening as newer platforms like Hyperliquid (HYPE) close in fast. Despite having a $30.44 billion market cap, ADA is losing traction on key growth indicators. Daily DEX volume for ADA stands at just $2.89 million, while HYPE boasts $361 million, an almost 125x gap, according to DefiLlama.The lack of a native stablecoin continues to haunt Cardano. Even Charles Hoskinson has acknowledged the platform’s lag in this area. With HYPE now introducing its own USDH token in partnership with Paxos, Cardano risks falling further behind in the DeFi race. The year-to-date performance tells a similar story: ADA has dropped 29.7%, while HYPE has surged 254.9%.XRP secures major deal, but sentiment stays cautiousXRP is currently trading around $3.02 following Ripple’s latest strategic partnership with BBVA, Spain’s second-largest bank. Under the new agreement, BBVA will use Ripple Custody to support its growing crypto service. This marks Ripple’s entry into BBVA’s mainstream operations, enhancing institutional use cases for XRP.However, this development comes with baggage. In 2017, BBVA insiders had dismissed Ripple’s technology as unready for real banking use. That skepticism has now reversed, signaling long-term validation, but questions remain. XRP still lacks the retail hype and consistent DeFi engagement that would make it a clear growth leader.Technical traders remain split on the outlook. Some see the new BBVA deal as a turning point, while others argue the XRP price prediction remains range-bound. For those chasing exponential gains, XRP’s maturity and regulatory baggage may limit its 2025 upside, pushing Remittix into focus as a better crypto to buy now.Remittix emerges as the top 30x candidate in 2025While ADA and XRP defend their legacies, Remittix (RTX) is powering ahead as the standout pick for 30x returns in the current cycle. The project has now raised over $24.7 million, with over 653 million tokens sold for $0.1050. Unlike speculative meme tokens, Remittix is building PayFi infrastructure to power global crypto-to-bank transfers in over 30 countries.Here’s why analysts call it the best crypto to buy now:Remittix enables real-world crypto payments, connecting directly to global bank rails in over 30 countries. Its wallet beta is going live in Q3 2025, providing users with live FX rates and real-time remittance features. The project has already raised over $24.7 million, proving strong market demand before its token generation event. Security is ensured through a full CertiK audit, helping reassure both retail and institutional holders. Unlike meme tokens, Remittix is built for adoption, solving a $19 trillion global payments problem.One token stands out this market cycleCardano and XRP may have institutional footprints and long-standing fanbases, but neither offers the same asymmetric upside as Remittix in Q4 2025. With confirmed exchange listings, a product set to launch this month, and over $24.7 million already secured, analysts now rate Remittix as the best crypto to buy now for those targeting 30x potential in the months ahead. For aggressive investors, this window may not stay open for long.Discover the future of PayFi with Remittix by checking out their project here:Website: https://remittix.io/  Socials: https://linktr.ee/remittix$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveawayThe post Best crypto to buy now: ADA and XRP mentioned but analysts favour RTX appeared first on Invezz
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Coinstats2025/09/10 18:18
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