'India Is Ready For It,' Says PM Narendra Modi On Trump's Tariff Threats—Will 'Never Compromise' On Farmer Interests
INDIA, AUG 7 – The tariff hike targets Indian imports linked to Russian oil amid worsening US-India relations, as Modi attends the Shanghai Cooperation Organization summit in China.
- President Donald Trump raised duties on Indian goods to 50%, imposing an additional 25% tariff earlier this week, making some duties the highest in US history.
- Strained relations after clashes in the Galwan Valley set the stage for tariffs, as Trump cited India’s Russian Federation oil imports posing an `unusual and extraordinary threat` to US national security.
- The Indian Foreign Ministry called the tariffs `unfair, unjustified and unreasonable`, while Rahul Gandhi criticized them as `economic blackmail` and `an attempt to bully India into an unfair trade deal`.
- Next month, Indian Prime Minister Narendra Modi will visit Tianjin for the SCO summit, expected to meet Chinese President Xi Jinping on the sidelines.
- Some experts believe the tariff move offers India a strategic opportunity, and trade talks slated to make progress this month are expected to continue despite tensions.
24 Articles
24 Articles
How did India-US relations get to this point? What are the differences between the two sides, and will India cut off Russian oil purchases to please Trump?
US Tariff Hike: PM Narendra Modi To Hold High-Level Cabinet Meeting Today To Assess Impact of Tariffs Imposed by Donald Trump on Indian Exports | 📰 LatestLY
The latest round of tariffs, an additional 25 per cent hike, was announced by US President Donald Trump on Wednesday, citing India’s continued imports of Russian crude oil as the primary reason. This comes on top of a previous 25 per cent tariff that came into effect on July 20. 📰 US Tariff Hike: PM Narendra Modi To Hold High-Level Cabinet Meeting Today To Assess Impact of Tariffs Imposed by Donald Trump on Indian Exports.
The Republican’s imposition of 50% tariffs on the world’s most populous country shakes the Asian board and pushes the Modi government closer to China after years of enmity Read
Modi to Visit China for First Time in Seven Years as U.S. Trade Tensions Mount - teleSUR English
Indian Prime Minister Narendra Modi will travel to China later this month to attend the Shanghai Cooperation Organisation (SCO) summit, his first visit to the country in more than seven years. The trip comes as India’s relationship with the United States faces renewed strain over trade and energy ties. RELATED: Indian Products To Enter the U.S. With a 50% Tariff Modi is expected in the Chinese city of Tianjin for the SCO summit beginning August …
India's Prime Minister Modi is returning to China for the first time in seven years - despite recurring tensions. The visit is intended to strengthen relations with China and Russia and to mitigate pressure from US tariffs.
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