Gordon Chang, senior partner of the Gatstone Institute, slowed President Donald Trump to slowly slowed China’s sanctions and slowly slow in July.
Trump administration On Wednesday, Indian imports imposed an additional 25% tariff on Indian imports, increasing some duties by 50% on Wednesday, confirmed US customs and border security.
The move has been designed as vengeance for the increasing import of New Delhi’s concessional Russian crude.
Foreign Minister S. Jaishankar, India’s top diplomat, Giving a pass to China and Europe, the US reprimanded the US to target New Delhi on Russian oil. Both sides have blamed the five rounds of the failed trade negotiations on misunderstanding and missed signals.
“The government has no hope of immediate relief or delay in the American tariff,” an official of the Ministry of Commerce told Reuters.
Trump Tariffs pushed India close to America’s strategic rivals China and Russia
US President Donald Trump speaks with Press as he meets Indian Prime Minister Narendra Modi at the Oval office of the White House in Washington, DC on February 13, 2025. (Through Jim Watson / AFP Getty Image / Getty Image)
Last month, as Trump announced the verdict, the President slammed the “unpleasant” trade obstacles and shopping of Russian military equipment in the South Asian country.
“Remember, while India is our friend, we have a relatively less business with them, for years, because their The tariffs are very high, Most in the world, and they have the most rigorous and unpleasant non-monetary trade obstacles in any country, “Trump has written on social media.
President Donald Trump saw at a rally. (Joe Redal / Getty Images / Getty Images)
“In addition, he has always bought a vast majority of his military equipment from Russia, and is Russia’s largest buyer with China, at a time when everyone wants Russia wants to stop murder in Ukraine – all things are not good! India is therefore paying 25%tariffs, as well as a penalty for the above.
The decision-August supported by the end of the decision-the rupee sent the three-week low and the Indian stock index below 1%, their biggest decline in three months. The Government of India predicts that hits will affect the export of $ 48.2 billion in major areas such as gems, textiles and food.
Pankaj Chadha, president of the Engineering Exports Promotion Council, warned that US orders could fall from 20 to 30%. Officials say that new duties can be shown to the US, which can reduce job loss and slow down economic growth. India is helping to soften subsidy and assistance, but has admitted that it will be difficult to diversify the new markets.
President Donald Trump signed executive orders implementing 25-per cent tariffs on imported steel and aluminum, which were the latest Salvo in ongoing attempts to eliminate American trading relations with the rest of the world. (Jabin Botsford / The Washington Post Getty Image / Getty Image)
Both the US State Department and the Ministry of External Affairs of India issued statements on Tuesday, stating that after a virtual meeting, the two were “curious to increase the width and depth of bilateral relations.”
“Both sides were ready to increase defense cooperation, with signing a new ten-year structure for the US-India Major Defense Partnership as well as furthering defense industrial, science and technology cooperation; operational coordination; and information-sharing,” the statement was read.
Trump released an ultimatum, threatened tariff on digital taxes and regulations
As per the release, the participants also agreed to progress for the 21st century and beyond military partnership, accelerated commerce and technology (compact) under the US-India credible opportunities.
Treasury Secretary Scott Besant talks to journalists outside the West Wing in the northern lawn of the White House on March 13, 2025, DC. (Andrew Harnik / Getty Image / Getty Images)
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Top Economic Officer of Trump, Treasury Secretary Scott Besant, India has been accused of exploiting war in Ukraine through Russian oil procurement.
He said, “India is just making profiteering. They are resumed. What would I say to Indian mediation – buying cheap Russian oil, resale it as a product – the bus jumped during the war, which is unacceptable,” he told CNBC.
