According to the US President, the United States does ‘few businesses’ with the Asian nation because of its import tariffs, which are ‘very high’
The president of the, announced on Wednesday (30) the imposition of a 25% tariff on products imported from India. The measure, which should come into force from August 1, was communicated through a post on the Truth Social social network and represents a new escalation in the protectionist trade policy defended by him. In the publication, Trump listed a number of reasons for the decision, focusing on both commercial barriers and geopolitical issues. According to him, although he considers India a “friendly” country, the United States has done “relatively few business” with the Asian nation over the years due to its import tariffs, which has classified “very high, among the highest in the world”.
In addition to commercial barriers, the president harshly criticized India’s relationship with. He pointed out that the Indians buy “the vast majority of their military equipment from Russia” and are one of the largest buyers of Russian energy, next to. Trump connected this relationship to the conflict in Ukraine, stating that purchases occur “at a time when everyone wants Russia to stop the killing in“.
Trump finished the post stating that “all these things are not good” and that, therefore, India “will be paying a 25%rate, plus a penalty,” from August.
*With information from Fabrizio Neitzke
*Report produced with the aid of AI
