India strongly criticized the latest executive order of US President Donald Trump, who deposited another 25% tariff on Indian goods and called this step “unfair, unfounded and disproportionate”. The White House on Wednesday confirmed new fees and quoted the ongoing purchase of Russian oil in Nový Delhi, despite the global pressure on the isolation of Moscow over its war in Ukraine.
The Indian government responded within a few hours of the announcement and expressed a deep disappointment of what it described as a “misleading and discriminatory” action.
Why did the US deposit 25% other tariff on Indian goods?
The Executive Order of the White House claims that India, “directly or indirectly”, continues to import oil from the Russian Federation-Prax, which is claimed by the Trump administration, undermining the US-conducted efforts to reduce the financing of the Russian War in Ukraine. Trump stated that 25%of the obligation will be imposed at the peak of the existing tariff specific to countries, which is also set at 25%, thereby increasing the total additional fee of certain Indian exports to 50%.
On Tuesday he spoke with CNBC, Donald Trump defended this step: “They drive a war machine. And if they do, then I will not be happy.”
How did India react?
In a sharply formulated statement, the Indian Ministry for External Affairs stated that in recent dialogues with the US explained its position “abundant” and stated that energy imports are conducted by market dynamics and its aim is to ensure energy security for its 1.4 billion citizens.
“It is extremely unfortunate that the US would decide to deposit other tariffs in India for events that several other countries also accept in their own national interest,” the government said.
India also warned that “would take all the steps necessary to protect her national interests” without setting up countermeasures.
India’s reaction to Trump’s additional 25% tariff – complete statement
In recent days, the United States has focused on imports of Indian oil from Russia.
We have already clarified our position on these issues, including the fact that our imports are based on market factors and carried out with an overall goal to ensure energy security of 1.4 billion Indian people.
It is therefore extremely unfortunate that the US would decide to save other tariffs in India for events that several other countries also accept their own national interest.
We repeat that these actions are unfair, unfounded and disproportionate.
India will take all the steps necessary to protect her national interests.
What else did Trump say about India?
This latest tariff escalation means a remarkable decline in business relations in India, India. Trump, who has repeatedly encountered India on market access for American goods, was critical of the growing settlement of a new Delhi with the Brics countries, especially his economic ties with Moscow.
The US President also suggested that other countries – including China – can face similar sanctions if they continue to import Russian oil.
“We do quite a lot,” he told reporters before the unsuccessful round of interviews between the American envoy Steve Witkoff and Russian President Vladimir Putin in Moscow on Wednesday.
What will be for India-USA business links?
The US deposited another 25% of tariffs on Indian goods that will enter into force in 21 days unless it is withdrawn or modified. Indian officials said they would continue to engage diplomatically with their American counterparts, but insisted that national energy security remains unregisable.
Without a breakthrough in the US-Russian interviews and the new round of secondary tariffs, the coming weeks could be determined whether the two largest democracy in the world can de-espaning their growing trade-ups-or to extend.
(tagstotranslate) India
