Trump Tariff News: America’s hypocritical standards have finally been exposed to the world. They will trade with Russia, but they get agitated if India does the same. The current state of US President Donald Trump is like an irritated cat clawing the pole. He has now begun to play the tariff war game since he cannot put a stop to the conflict between Russia and Ukraine. India is now subject to an extra 25% tariff imposed by him. The United States’ overall tariff on India has now hit 50% with the recent declaration. However, Donald Trump’s demeanor continues to seem risky. He doesn’t seem to be going to stop here. He himself alluded to the possibility of more punishment.
Following the introduction of an extra 25 percent tax on India, US President Donald Trump said on Wednesday that more secondary measures might be implemented right away. India has been directly blamed for more restrictions, which has prompted this declaration. A 25 percent tariff had already been levied by Donald Trump. That is going to take effect on August 7. After 21 days, the 25% tax that was announced on Wednesday will take effect.
When questioned, Indian authorities said that China and other nations also purchase Russian oil. Why are you holding India responsible for these new sanctions? “It has only been eight hours,” said US President Donald Trump. Let’s wait and see. There’s a lot more to see… Numerous secondary punishments will be observed. At a White House news conference, Donald Trump informed reporters.
Additionally, Donald Trump said that the US government has the authority to place additional penalties on China. ‘Do you have any intentions to slap further tariffs on China?’ “It can happen,” said US President Donald Trump. How we do it will determine it. It is possible. Peter Navarro, Trump’s adviser, asserts that a 50% tax on China already exists. If it is raised higher in such a scenario, America may lose out.
In reality, an executive order imposing an extra 25 percent duty on Indian goods was signed by US President Donald Trump. Donald Trump justified this hike by citing applicable trade rules, national security concerns, and foreign policy considerations, according to the White House order. He said that the US faces an uncommon and exceptional danger from India’s direct or indirect purchase of Russian oil.
The overall tariff on Indian products would be 50% after this decree. The first tariff will take effect today, August 7, and the extra charge will follow 21 days later. All Indian items imported into the US will be subject to it, with the exception of those that are presently exempt. Regarding Trump’s latest tariff bomb, India has sent a statement. The Ministry of External Affairs described this American action as illogical, unfair, and unreasonable. India said unequivocally that it would do all in its power to safeguard its interests as a country.
“The United States has targeted India’s oil imports from Russia in recent days,” the Ministry of External Affairs stated in an official statement. We have already stated our stance on these matters, including the fact that our imports are determined by market conditions and are made with the ultimate goal of guaranteeing the 1.4 billion people of India have access to energy security. The United States’ decision to impose more levies on India for actions that many other nations are pursuing in their own national interest is thus very regrettable. We stress once again how unjust and irrational these actions are. India would do everything it takes to safeguard its interests as a country.
