Donald Trump says India ‘very big abuser’ of trade ties, calls PM Modi ‘fantastic’

In his first public appearance after an attempted assassination in Florida this week, Trump spoke about “Trump Reciprocal Trade Act” and also mentioned he will meet Prime Minister Narendra Modi next week.

Livemint
Published18 Sep 2024, 02:05 PM IST
Republican presidential nominee, former US President Donald Trump holds his first campaign event since a man carrying a rifle was arrested Sunday near where Trump was playing golf at his club in Florida, in the Dort Financial Center on September 17, 2024 in Flint, Michigan
Republican presidential nominee, former US President Donald Trump holds his first campaign event since a man carrying a rifle was arrested Sunday near where Trump was playing golf at his club in Florida, in the Dort Financial Center on September 17, 2024 in Flint, Michigan(Getty Images via AFP)

Former US President Donald Trump said on Tuesday that India was a "very big abuser" of the US-India trade relationship. The Republican candidate for the US presidential election in November was speaking in Flint, Michigan.

In his first public appearance after an attempted assassination in Florida this week, Trump spoke about "Trump Reciprocal Trade Act" and also mentioned he will meet Prime Minister Narendra Modi next week.

Also Read | Kamala Harris widens lead over Donald Trump after debate; 61% chance of victory

Despite criticising India over trade without being specific, Trump called PM Modi a "fantastic man".

Speaking in Michigan Tuesday, Trump said, "A lot of these men are fantastic. You have to understand one thing...these people are the sharpest people. They are not a little bit backward...they are at the top of their game and they use it against us."

"India is very tough, Brazil is very tough...China is the toughest of all, but we are taking care of China with the tariffs," Trump said.

Also Read | India surpasses China as largest MSCI Emerging Market amid stock market rally

Explaining his idea of the "Reciprocal Trade Act", the US presidential candidate said, "...we are going to do Reciprocal Trade. If anybody charges us 10 cents, if they charges $2, if they charge us 100 percent or 250 percent, we are going to charge them the same thing."

"And you know what's gonna happen? Everything will disappear and there will end up having a free trade again and if it doesn't disappear, we are going to take in a lot of money," Trump said.

Trump on nuclear power and global warning

Former US President Donald Trump said at a campaign event that the US needs to have people who are respected by their opponents.

He mentioned that, “...Pakistan has nuclear weapons, India has a lot of nuclear force...”

Also Read | Kim Jong Un’s latest flaunt: A secret nuclear site now shown in public

"We have countries that have tremendous nuclear power, and when I hear these people talking about global warming, that's the global warming we have to worry about, not that the oceans gonna rise in 400 years and eighth of the inch, and you have more seafront property right after that happen...I said isn't that a good thing if I have a little property on the ocean."

Trump maintained that nuclear weapons are “the single biggest threat to the civilization.”

Catch all the Business News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:18 Sep 2024, 02:05 PM IST
Business NewsNewsUs NewsDonald Trump says India ‘very big abuser’ of trade ties, calls PM Modi ‘fantastic’

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Bharat Electronics share price

    283.95
    03:58 PM | 1 OCT 2024
    -1.1 (-0.39%)

    Tata Steel share price

    167.00
    03:56 PM | 1 OCT 2024
    -1.45 (-0.86%)

    Tata Power share price

    481.00
    03:58 PM | 1 OCT 2024
    -1.7 (-0.35%)

    Zee Entertainment Enterprises share price

    140.05
    03:55 PM | 1 OCT 2024
    2.4 (1.74%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Caplin Point Laboratories share price

    2,080.30
    03:52 PM | 1 OCT 2024
    182.75 (9.63%)

    PB Fintech share price

    1,729.65
    03:57 PM | 1 OCT 2024
    113.65 (7.03%)

    Welspun Living share price

    175.00
    03:50 PM | 1 OCT 2024
    11.25 (6.87%)

    National Aluminium Company share price

    224.15
    03:56 PM | 1 OCT 2024
    13.75 (6.54%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      76,915.00-330.00
      Chennai
      76,921.00-330.00
      Delhi
      77,073.00-330.00
      Kolkata
      76,925.00-330.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.86/L0.00
      Chennai
      100.75/L-0.10
      Kolkata
      104.95/L0.00
      New Delhi
      94.72/L0.00

      Popular in News

        HomeMarketsPremiumInstant LoanMint Shorts