US President Donald Trump has confirmed 25% tariff on Indian exports to the United States and also the decision of other financial punishments starting on August 1 as the US and India have not yet reached a trade deal.
Trump has the most, and he has the theme Dehis Tarf with the most loud and unpleasant non-monetary business barriers in the world, our friends, our friends, we, we have at least business in the year, we have at least business. ,
“They always have a vast majority of their military equipment from Russia, and are Russia’s largest buyers, with China, at a time when every Russia to prevent murder in Ukraine – not everything is good!” Trump said.
After Trump’s announcement, the Government of India stated that it had paid attention to the statement and Wilde has taken all the necessary steps to secure its national interest and was committed to the “fair, balanced” trade agreement.
Why is Trump now criticizing India’s Moscow friendly stance?
Despite Russia’s invasion of Ukraine, starting in February 2022, India and Russia have friends relations.
Although the US, the European Union and other nations, Japan, as a discovery, influenced the restrictions on Russia due to the invasion, India did not join the punitive economic measurement on Moscow.
Trump of India’s Moscow-friendly stance is criticized as the US President, who more doubt the Russian President Vladimir Putin’s desire to end Ukraine’s attack and commit to peace.
Trump set a 10-day deadline for Russia to get a ceasefire deal with Ukraine on Monday, or Moscow would face secondary sanctions. During the 2024 White House campaign, Trump vowed to end the struggle in Ukraine and prevent bloodshed.
New India Taffs come after trade progress with other countries
India has new tariffs as Trump has reached trade structure agreements with other countries such as Japan, the Philippines, Indonesia and the European Union.
India, the most populous country in the world, is one of the largest economies on the planet. Trump has long criticized India’s trade policies, and they removed India’s special trade status During its first term in the office with the US in 2019.
In April, in a few months in his second term, Trump announced “mutual tafs” on countries around the world, with a fixed 26% to be impressed by 26% on Indian goods. Later that month, Trump said that Heok deferred more than 10% 10% for more than 10% to make a place for business talks with the exception of China.
For the US Census Bureau, the US had a $ 45.7 billion (€ 39.8 billion) trade deficit with India last year. Trump has often criticized the US trade deficit with other countries, with the US import more goods from India to South Asian country.
Although Trump believes that tariffs will balance American trade with India, many economists say tariffs will be passed to the American consumer, and that levy can do US economic activity.
Edited by: Scene Sinico
