President Trump, Trade Team ‘Frustrated’ with India Over Trade Talks, Says Us Treasury Secretary – Amar Ujala Hindi News Live – US TARIFS: ‘What will happen next, what will happen next, this dependent’

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25% tariff announced on India

A day before these statements, US President Donald Trump announced a 25 percent tariff (import duty) on all goods coming from India from 1 August. Apart from this, a fine has also been imposed on behalf of India for purchasing military equipment and crude oil from Russia. The amount of which has not been fixed yet.

Resentment on procurement of oil from Russia

US Finance Minister Besant said that India has bought large amounts of banned Russian oil and then refined it and sold it in the world. ‘India has not treated well. They buy banned oil and then refine it and export it.

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America’s pressure increased, India’s reply

Trump’s move is being seen as a pressure strategy, so that India is forced to accept the terms of America. In recent times, the US has made beneficial trade agreements with countries like Japan, Britain and European Union and is now pressurizing India. At the same time, the Government of India has said that it will take all the necessary steps to protect national interests and the effects of this tariff are being studied. India has made it clear that it will not take any decision against its interests.