Trump’s Strong Stance on Trade With India
Washington: on tuesday, president donald trump, His Criticism Regarding India’s Trade PRACTICES, Accusing the Country of Imposing Some of the highest tarifs globally and labeling the Economic Relations Between the two nations as ‘one-sided.’
Following his justiification for the 50% tariffs on Indian imports, which he class has made the business relationships New Delhi Are Positive, The Trade Dynamics are not.
Trump remarked, ‘We have a good relationship with India. However, for many years, it has been one-sister … India has imposed enormous tarifs, amon the highest in the world. Conseaquently, we were not engaged in business with India, while they were experting to us without facing similar charges. ‘
He cited harley-davidson as an example, noting the deficultes the company encounters due to a claimed 200% tariff on motorcycles imported into India.
‘Harley Davidson Struggled to Sell in India Secause of the 200% Tariff on Motorcycles. They then established a manufacturing plant in India to avoid these tarifs, ‘He explained.
Trump also highlighted that numerous companies, particularly car manufacturers from China, Mexico, and Canada, Are Opting to Produce Their Goods in the Us to Evade Tariffs and TAKE TAKE TAKE TAKETAGE OF Policies.
‘Currently, Thousands of Companies are relocating to the us … Car manufacturers from China, Mexico, and Canada Are Choosing to Build Here Bacuse they appreciate the environment and want to avoid tarifs. Manufacturing cars in the US means no tarifs, ‘He added.
In a previous post on truth social, trump described the business relationship between India and the us a ‘totally one- sided disaster,’ mentioning that India has proposed to be proposed to revise Believes It’s too late for such changes.
He pointed out that India imposes ‘The Highest Tarifs of Any Country, Preventing Our Businesses from Selling in India.’ He Emphasized that while India Exports a Significant Amount to the Us, The Reverse is not true, Making it a one-sided Relationship for decades.
‘It has been a complete disaster! Furthermore, India sources most of its oil and Military Equipment from Russia, Purchasing very little from the us. They should have reduced their tariffs long ago, ‘He Concluded.
New Delhi is currently Navigating Global Economic Uncertains, Exacerbated by the US’s Imposition of a 50% Tariff on Indian Imports, which was further increased by an added by an added to Indians Purchase of Russian Crude Oil.
