India

government

Last mentioned: 5h ago

Timeline

  1. Commercial Scale Production

    Projected timeline for the first shipments of processed rare earth oxides from the partnership.

  2. Pilot Plant Development

    Target date for the commissioning of a joint processing facility for monazite cracking.

  3. Joint Geological Surveys

    Expected commencement of collaborative field studies in Brazilian mineral provinces.

  4. Original Implementation

    The original target date for the deal to take effect (now delayed).

  5. Groundbreaking Ceremony

    Official commencement of construction for the NT$13.1 billion facility.

  6. Negotiations Deferred

    India and US officially reschedule the chief negotiator meeting in Washington.

  7. Cooperation Agreement Signed

    Official signing of the bilateral framework for rare earth exploration and processing.

  8. Tariff Escalation

    Trump imposes 10% universal tariff, later increased to 15% effective Feb 24.

  9. SCOTUS Ruling

    US Supreme Court rules that tariff-setting power belongs to Congress.

  10. Framework Reached

    India and the US announce a framework for an interim trade agreement.

  11. Regulatory Approval

    Indian government approves the project under the ISM incentive scheme.

  12. JV Announcement

    Foxconn and HCL Group announce plans for a semiconductor OSAT joint venture.

Stories mentioning India 3

Trade Policy Bearish

India-US Trade Deal Stalls After SCOTUS Ruling Limits Trump’s Tariff Power

India and the United States have indefinitely postponed high-level trade negotiations following a landmark U.S. Supreme Court ruling that shifts tariff-setting authority to Congress. The delay, coupled with a new 15% universal tariff imposed by the Trump administration, threatens the timeline for an interim trade pact originally slated for April implementation.

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