The Congress party, along with other Opposition leaders, accused the BJP-led government of failing to protect India's economic interests and demanded that the Centre clarify what steps it is taking to address the trade dispute with Washington.
"See, what has happened now...The US has imposed tariffs on us. Satya Naas kiya (they have ruined). There was friendship (between India and the US), but see what has happened now," Sawant told ANI.
The nature of broad-based tariffs announced by US President Donald Trump and potential retaliation by other countries is likely to initiate a vicious cycle of global growth, says a report by SBI Research.
His comments came after Dhankar tried to poke fun at Chadha, stating that the AAP MP was "obsessed" with the events in the Donald Trump administration.
The uncertainties around Trump's reciprocal tariffs plan and its subsequent announcement this week have come as a jab in the arm for international gold prices, which have been moving northwards for a considerable period.
Congress MPs staged a protest against the Centre on Friday after the US President Donald Trump administration imposed 26 per cent reciprocal tariff on India.
Congress MP Manish Tewari on Thursday gave a notice to move an adjournment motion to discuss the "deteriorating" diplomatic relations of India with the United States in light of recent incidents of visa revocations affecting Indian students and the imposition of a 26 per cent reciprocal t
Following US President Donald Trump's announcement of reciprocal tariffs, Canada PM Mark Carmey said that the country will impose a 25% tariff on all US vehicle imports that do not comply with the free trade agreement.
Following US President Donald Trump's announcement of reciprocal tariffs, International Monetary Fund (IMF) Managing Director Kristalina Georgieva expressed concern over the impact on the global economy and said that the tariffs represent a "significant risk to the global outlook."
US President Donald Trump said, "The markets are going to boom. The stock is going to boom. The country is going to boom -- and the rest of the world wants to see if there is any way they can make a deal. They (Countries) have taken advantage of us for many, many years."
In response to the US' decision to impose a 34 per cent tariff on imports from China, the country strongly criticised the move, calling it a violation of World Trade Organization (WTO) rules and a threat to the multilateral trading system.
Congress leader and Leader of Opposition in Lok Sabha Rahul Gandhi said on Thursday that the United States' decision to impose reciprocal tariffs will "completely devastate our economy" with the auto industry, pharmaceuticals and agriculture among sectors expected to face the brunt.