Donald Trump
There is a ruckus all around about the trade deal and tariff between India and the US. Meanwhile, US President Donald Trump said in response to a question by news agency ANI, “I think India will no longer buy oil from Russia. I have heard this, I don’t know whether it’s right or not. It’s a good step. We will see what happens.”
India will impose 25 percent tariff on India: Trump
Earlier, Donald Trump has announced to impose 25% tariff on India and collect fine from August 1. Trump gave the reason behind this, despite being a friend of India and America, he has never been very ally in terms of business. India is one of the highest tariffs in the world and there are also extremely complex and objectionable non-monetary trade barriers. Trump said, which is why trade transactions between the US and India have been limited.
Donald Trump’s statement
Recently, Donald Trump said in a statement, ‘Remember, India is our friend, but in the last few years we have done relatively less trade with him because his tariffs are very much, the most in the world, and has the most rigorous and unpleasant non-monetary trade obstacles in the world. In addition, he has always bought most of his military equipment from Russia, and with China, it is Russia’s largest energy buyer, that too at a time when everyone wants Russia to stop murders in Ukraine, everything is not right! Therefore, India will have to pay 25% tariffs from August 1 and a fine for all of the above. Thanks for paying attention to this matter. Make America Great Again! ‘
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