Trump warns India of higher tariffs over Russian oil imports, citing frustration with Modi amid renewed U.S.-India trade tensions.
Browsing: India tariffs
The U.S. National Economic Council Director Kevin Hassett said President Trump is not likely to change his mind either: “… if the Indians don’t budge, I don’t think President Trump will.”
U.S. Secretary of State Marco Rubio has come out with a justification for President Donald Trump’s so-called hypocrisy when sparing China from tariffs while escalating tariff tensions with India
India braces for heightened trade tensions as President Trump imposes an additional 25% tariff in response to continued Russian oil imports.
Trump has exempted pharmaceuticals and certain electronic products such as laptops, smartphones from reciprocal tariffs as of now
“India has one of the highest tariffs in the world. We are not going to put up with that, they have agreed already to drop it, drop it to nothing. They have already agreed. They wouldn’t have done this for anybody else but me,” Trump said