Trump, India
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Former National Security Adviser John Bolton said Wednesday that President Trump’s tariffs may push India further away from the U.S. and into deeper alliances with Russia and China. The president previously threatened to impose a 25 percent tariff on India for purchasing oil from the Kremlin absent of similar punishments for China,
The Modi government will hope that Washington and Moscow will arrive at a final agreement on how to deal with Ukraine and Trump will discard the 25 per cent additional tariff. At the minimum, Delhi would want Trump to postpone the deadline of August 27 for implementing the additional tariffs against India.
Renowned economist and Columbia University Professor Jeffrey Sachs has strongly criticised the United States administration’s tariffs, terming them as pressure tactic on India.
India's merchandise trade deficit hit an eight-month high of over $27 billion in July as imports surged faster than exports ahead of U.S. President Donald Trump's announcements of new tariffs on trading partners,
U.S. President Donald Trump has announced additional 25% tariff on India for its purchases of Russian oil, bringing the combined tariffs imposed by the United States on its ally to 50%.
The US said the the "historic relationship between the world’s largest democracy and the world’s oldest democracy is consequential and far-reaching".
Diamonds are a girl’s best friend and real friendship means unwavering loyalty, even in the face of astronomical levies. President Trump’s declaration of a 50% tariff on India, the world’s largest gemstone exporter,
President Donald Trump says the United States and India are still negotiating on trade despite new tariffs slated to begin in a few days.