Donald Trump cites India as an example to defend his decision on imposing tariffs
US President Donald accused New Delhi of charging as high as 100% tariff on import of American products. “We want the tariffs removed,” said Trump just days before the first India-US “2+2 dialogue” But why is Trump angry with India? Trump has defended his statement by arguing that this is in retaliation the imbalance of trade that the US has with major trading partners like China, European Union and India. India on June 21 announced higher duties on several good imported from the US in retaliation to Trump’s hefty tariffs on goods including steel, iron and farm products like lentils and Bengal gram.
- EU leaders ‘almost unanimous’ for second Brexit vote: Maltese PM
- Suresh Prabhu orders safety audit of all airlines, airports
- Imran Khan writes to PM Modi, seeks to re-start bilateral talks
- As US-China trade row grows, India urges China to drop meal import ban
- Oil prices rise on US crude stock draw, supply concerns