Senior Congress SHASHI THAROOR Critically criticized the last step of US President Donald Trump to deposit another 25% tariff on Indian imports and described the action as “double standard” and considered “not a particularly friendly gesture” from the country of India an ally.
SHASHI THAROOR’s notes came as a result of the Executive Order of the White House aimed at Indian exports to buy Russian oil in a new Delhi – although similar or larger volumes imported other nations such as China.
Why does Shashi Tharoor question the US decision?
In an interview with reporters, the Congress deputy Shashi Tharoor pointed out the obvious inconsistency in the approach of Donald Trump. “Uranus, Palladium-there are various things that (USA) import from Russia,” he said, adding that China has received a 90-day surrender with similar energy-related restrictions. “The Chinese import much more Russian oil than us.”
Tharoor claimed that this raises serious questions about the justice and intention of Washington. “It is obvious that it was not a particularly friendly gesture from the country we thought was well towards us, the administration we thought was well destroyed,” he said.
Could India hit her own tariffs?
Shashi Tharoor suggested that India be forced to consider retaliation measures in response to American tariffs that are scheduled to effect in 21 days.
“There is certainly a likelihood that in India it will now have some pressure to store comparable mutual tariffs on American exports,” he said. “We will have to learn from this experience.”
What does this mean for business relationships in India-USA?
Shashi Tharoor’s comments reflect the growing dissatisfaction in Indian political circles on what is considered a targeted and unfair escalation by Trump’s administration. The decision comes although India claims that its Russian import of oil is powered by market conditions and its aim is to ensure energy security for 1.4 billion citizens.
Meanwhile, Trump has intensified pressure on the countries that are dealing with Moscow because his attempts to promote the ceasefire of Ukraine continue to decline. In an interview this week he accused India of “supporting a war machine” and indicated that other fines could follow.
Is the shift in the Indian business strategy on the cards?
When the US took over the increasingly heavier line, Shashi Tharoor indicated the need for a wider re -evaluation of Indian global business priorities.
“I think in these circumstances we will really have to start looking at other business partners,” he said, indicating that India could begin to diversify his export and import addiction.
The US deposits 50% duties on Indian imports
US President Donald Trump deposited another 25% tariff on Indian goods when buying Russian energy, said the White House on Wednesday, hours after interviews between Washington and Moscow about war in Ukraine could not bring a breakthrough.
According to the executive order signed by Trump, it will enter into 21 days, the new fees-will be stacked on top of 25% of the set of land settings to be implemented overnight.
“They are driving a war machine. And if they do it, then I won’t be happy,” Trump said on Tuesday in an interview with CNBC with reference to Indian purchases of Russian energy.
(Tagstotranslate) India tariffs
