An Independent foreign policy analyst rebuked President Donald Trump for imposing 'irrational' tariffs on India and advised to turn them down to zero and "apologise".
Speaking to ANI, diamond trader Umesh Munjapara and Kiran Suthar have reported that all their orders from the US are being cancelled, and new orders are not being placed, causing significant problems in the business.
He conveniently ignored the economic frictions he has created with certain countries at the global level while taking yet another swipe at the Biden administration in a bid to keep the shine on his tariff policy.
Responding to queries about reconsidering the tariffs on India at the White House, Trump reiterated that the trade relationship with India had been "one-sided" for many years, claiming that New Delhi had been charging the US some of the highest tariffs in the world, creating an imbalanced
TN CM Stalin tagged PM Modi and Finance Minister Nirmala Seethaaran in a post on X, demanding an explaination on why exporters were being made to bear the losses while refineries in Gujarat benefited from cheap Russian oil.
US Congressman Ro Khanna has slammed Trump administration imposing 50 per cent tariffs on Indian goods and said Americans can't allow "ego of Donald Trump to destroy a strategic relationship with India".
USISPF President Mukesh Aghi told ANI that secondary US tariffs on India are "uncalled for" and risk damaging decades of ties. He said India has reacted maturely to President Trump's posts, and despite trade tensions, US CEOs remain confident in India's growth and continue their investments.
Indian textile losses due to the US tariffs are expected to be partly offset by export growth to the United Kingdom, supported by the India-UK free trade agreement (FTA), according to a report by Care Edge Ratings.
Former US National Security Advisor (NSA) Jake Sullivan alleged that US President Donald Trump has "thrown away" ties with India over Pakistan's willingness to do business with Trump's family.
The White House trade adviser Peter Navarro has again attacked India, targeting Prime Minister Narendra Modi for meeting with Russian President Vladimir Putin and Chinese President Xi Jinping at the Shanghai Cooperation Organisation (SCO) summit in China on Monday.