US President Donald Trump refused to give a specific answer to whether other tariffs in India would be reduced if an agreement between Russia and Ukraine were reached.
Although he indicated that this might happen, the US President quoted the Associated Press when he said during a press conference in the White House on Wednesday: “We will determine later. But now 50% of the tariff is valid.”
Trump previously announced that the US deposits another 25% of the tariff because it continues to import Russian oil. This step increased tariffs to some Indian goods up to 50% – among the steepest face of any US business partner
Trump said on Wednesday that India is “very close” to China when it comes to purchasing Russian oil and paying tariffs 50 %.
“…. As you know, we put 50 percent of oil on India. They are the second largest, very close to China when it comes to buying oil from Russia,” Trump said on Wednesday.
He also threatened “secondary sanctions” in India. “It’s just 8 hours. We’ll see what happens. You’ll see much more … you’ll see so many secondary sanctions,” Trump said.
He also indicated that the US administration can store “more” sanctions on China.
On request: “As far as Indian sanctions are concerned, you have some similar plans to bring more tariffs to China,” said US President Donald Trump: “He could happen. It depends on how we do. It could happen.
Another 25 percent of centurifs in India would come into force 21 days after signing the order, which means that India and Russia may have time to deal with the import tax administration.
The Indian Ministry for External Affairs (MEA) on Wednesday has identified other tariffs as “unfortunate”.
“We again repeat that these actions are unfair, unfounded and unduly,” said Mea Randhir Jaiswal spokesman in his statement and added that India would take all measures necessary to protect her interests.
Meanwhile, the White House said on Wednesday that Trump could personally meet Russian President Vladimir Putin as soon as he tries to mediate the end of the war next week.
(Tagstotranslate) US President
