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Us India Tariff War: US Ambassador Vinay Mohan Quatra interacted with Republican Senator Lindsay Graham, which discussed India’s energy security and trade. Graham supported Donald Trump’s tariff on India …Read more

It is being told that Quatra shared India’s vision on India’s energy security and increasing energy trade from America during talks with Graham. It is also important to know that Lindsay Graham has strongly supported Trump’s tariff on India.
This step is expected to affect areas like textile, sea products and leather exports. Reacting to this development, India said that these steps are ‘unfair and indiscriminate’. The Ministry of External Affairs said in a statement that it is very unfortunate that the US has decided to impose additional fees on India. Also, India will take all necessary steps to protect its national interests.
The order stated, “Fee imposed according to the price … will be in addition to any other duty, fees, tax, recovery and charge applied to such imports.” The initial fee will be effective from August 7, while the additional fee will be applicable after 21 days.
Trump had warned on August 5 that he would announce a heavy duty on India in 24 hours to buy oil and gas from Russia. After the new fee, the products of India and Brazil in the US will cost the highest 50 percent fee. In such a situation, the competitive countries of India will be in a better position in the American market as their fee is low.
Rakesh Ranjan Kumar has more than 10 years of experience in digital journalism. Before joining with News18, he has worked in Live Hindustan, Dainik Jagran, Zee News, Jansatta and Dainik Bhaskar. Currently that h …Read more
Rakesh Ranjan Kumar has more than 10 years of experience in digital journalism. Before joining with News18, he has worked in Live Hindustan, Dainik Jagran, Zee News, Jansatta and Dainik Bhaskar. Currently that h … Read more