Donald Trump and PM Modi
The additional 25 percent tariff declared by US President Donald Trump on India earlier this month will be implemented from today, which will make the total tariff on Indian imports 50%. Trump had announced an additional tariff on India on purchasing oil from Russia, which India has repeatedly described as “unfair, inappropriate and indiscriminate”. According to Indian time, the new tariff will be implemented from 9:30 in the morning. On Monday, the US Home Safety Department issued a draft notice that has outlined a plan to implement 50 percent tariffs on imported products from India. By placing heavy tariffs on India, Trump is expecting his Russian counterpart Vladimir Putin to pressurize Ukraine to end the war against Ukraine to curb the Moscow oil trade. At the same time, PM Modi is preparing to deal with the situation after this order of Trump. Modi assured that the government will not allow any impact of increased tariffs on small industries and farmers.
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