US President Donald Trump has once again threatened India over the tariff. Turned over India-Russia relations, Trump said that India is no longer a good business partner. Tariffs will be increased on India in the next 24 hours. Talking to American media, Trump said that India is the most tariff country. Explain that the US imposed 25 percent tariff on India, which is to be implemented from August 7.
The US President said that India trade with us, but we do not do business with him. We had tied up on 25 per cent tariffs, but I think I will increase it to a great extent in the next 24 hours, as India is buying oil from Russia. They are fueling the Russian war machine. Trump said that India’s tariffs are the highest compared to any country.
Earlier, Trump had said on social media platform Truth Social on Monday that India is not only purchasing a huge amount of oil from Russia, but is also earning huge profits by selling large parts of that oil at high prices in the open market. Along with this, Trump said, India does not care about how many people are killing Russia’s war machine in Ukraine. For this reason, I am going to increase the fees paid to America from India. Thank you for focusing on this issue!
Tariff announced in April
On April 2, US President Trump announced a 50 percent mutual tax on imports from countries and 10 percent of the basic taxes on almost all other countries, with the US trade deficit. He cited a 1977 law to declare the trade deficit as a national emergency, through which he justified his comprehensive import taxes. When the mutual taxes were criticized, they postponed mutual charges for 90 days to give various countries a chance to negotiate. Eventually, some countries succumbed to Trump’s demands and signed a trade agreement with the US.
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