The U.S. will keep tariffs high on Chinese goods, President Donald Trump said Wednesday morning, touting a preliminary trade agreement that he and Chinese President Xi Jinping will need to approve. China will supply rare earth minerals and magnets “up front,” Trump said in a post on his Truth Social platform, although he didn’t clarify the exact terms. Trump also said, without explaining further, that “we are getting a total of 55% of tariffs, China is getting 10.”

 Ukraine attacked Russia with a series of drone strikes on military air bases deep in the Russian heartland on Sunday — an operation that appeared timed to influence a new round of Russian-Ukrainian ceasefire talks set to take place in Istanbul Monday. After more than three years of Russia's full-scale invasion of Ukraine, this carefully planned attack, intended to hit bombers that launch missiles on Ukrainian cities, was celebrated by Ukrainians, who called it "Operation Trojan Trucks" on social media.

US President Donald Trump said that he is doubling his tariff on steel to 50 percent, from 25 percent currently, to prevent billions of dollars worth of foreign steel from continuing to enter the United States. “At 50 percent, they can no longer get over the fence,” Trump said during a speech at a U.S. Steel facility in West Mifflin, Pennsylvania, where he announced some details of a new “partnership” that will allow Japanese-owned Nippon Steel to acquire the iconic American company.

WASHINGTON - The Trump administration is weighing requiring all foreign students applying to study in the United States to undergo social media vetting — a significant expansion of previous such efforts according to media reports. In preparation for such required vetting, the administration is ordering U.S. embassies and consular sections to pause scheduling new interviews for such student visa applicants.

In a setback for India’s agricultural exports, at least 15 mango shipments from India have been rejected by US authorities at key entry points, including airports in Los Angeles, San Francisco, and Atlanta, due to documentation irregularities. Exporters were given the choice of either destroying the mangoes or bearing the high cost of re-exporting them to India. Given the perishable nature of mangoes and the prohibitive expense of return shipping, all affected exporters opted to dispose of the fruit within the United States, according to a media report.

India plans to punish Pakistan by increasing water drawn from Chenab

NEW DELHI - India is considering plans to dramatically increase the water it draws from a major river that feeds Pakistani farms downstream, as part of retaliatory action for a deadly April attack on tourists that New Delhi blames on Islamabad, according to four people familiar with the matter. About 80% of Pakistani farms depend on the Indus system, as do nearly all hydropower projects serving the country of some 250 million.

NEW DELHI - The International Atomic Energy Agency (IAEA) has said there was no radiation leak or release from any nuclear facility in Pakistan during that country's recent military conflict with India. "Based on information available to the IAEA, there has been no radiation leak or release from any nuclear facility in Pakistan," an IAEA spokesperson told PTI.

WASHINGTON - President Trump said he told Apple CEO Tim Cook that he doesn’t want tech giant building its products in India. “I had a little problem with Tim Cook yesterday,” Trump said. “I don’t want you building in India.” The comments at a business event Qatar come as Trump said India had agreed to effectively drop all tariffs on U.S. goods as part of a potential trade deal. Trump had previously suggested that a ceasefire deal between India and Pakistan following a bout of recent violence between the two was predicated on a trade truce

NEW DELHI - India is looking at levying import duties on some products made in the United States to counter Washington's tariffs on steel and aluminium products, a document submitted to the World Trade Organization shows. "The proposed suspension of concessions or other obligations takes the form of an increase in tariffs on selected products originating in the United States," the document dated May 12 said. It did not say what kind of products might be subjected to tariffs.

Indian Prime Minister Narendra Modi's government has decided to let lapse a $23 billion program to incentivize domestic manufacturing, just four years after it launched the effort to woo firms away from China, according to four government officials.