New Delhi: U.S. President Donald Trump has introduced that India will face a 25 per cent tariff beginning August 1. In a put up on his social media platform, Reality Social, Trump additionally warned that India can be penalised for persevering with to purchase army tools and power from Russia.
Trump criticised India’s commerce practices in a put up, saying: “Keep in mind, whereas India is our pal, we now have, over time, achieved comparatively little enterprise with them as a result of their Tariffs are far too excessive, among the many highest within the World, and so they have essentially the most strenuous and obnoxious non-monetary Commerce Obstacles of any Nation.”
Trump additionally identified India’s ongoing army and power ties with Russia, saying such partnerships go towards international efforts to isolate Moscow amid the Ukraine battle.
In his put up, the US President added, “Additionally, they’ve at all times purchased a overwhelming majority of their army tools from Russia, and are Russia’s largest purchaser of ENERGY, together with China, at a time when everybody needs Russia to STOP THE KILLING IN UKRAINE — ALL THINGS NOT GOOD! INDIA WILL THEREFORE BE PAYING A TARIFF OF 25%, PLUS A PENALTY FOR THE ABOVE, STARTING ON AUGUST FIRST. THANK YOU FOR YOUR ATTENTION TO THIS MATTER. MAGA!”