Reported 1 day ago
President Trump is increasing pressure on India by threatening to impose a 25% tariff on Indian imports and an additional 'penalty' regarding its reliance on Russian energy, just days before a tariff deadline. As trade negotiations stall, Trump criticizes India's high tariffs and military purchases from Russia, complicating prospects for a favorable trade deal. This escalation follows recent trade agreements with other partners and highlights Trump's aggressive stance on trade, aiming to provoke a reevaluation of India’s market practices.
Source: YAHOO