Last week, Trump imposed tariffs totalling 50 per cent on India, including 25 per cent for Delhi's purchases of Russian oil, that will come into effect from August 27
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While Trump is citing India’s imports of Russian oil as the reason for high tariffs, some experts are of the view that there could also be other factors in the realm of geopolitics and domestic affairs behind the move
State department says India a strategic partner with whom we engage in full and frank dialogue
The message from American buyers has been blunt: either absorb the added tariff costs or shift production out of India
Since May 10, Trump has repeated his claim many times that he allayed the tensions between India and Pakistan and told the nuclear-armed South Asian neighbours that America will do a “lot of trade” with them if they stopped the conflict
The White House on Wednesday issued an Executive Order imposing an additional 25 percentage points in tariffs on Indian goods, raising the total levy to 50%
Trump stressed that as part of the changes people in “our country illegally” will be excluded from census counts
India has called the tariffs 'unfair and unjustified'
Despite the current strain, Indiaspora asserts that the longstanding and multifaceted relationship will ultimately emerge stronger
Last week, the White House announced that India would face tariffs of 25 per cent
At Houston's George Bush Intercontinental Airport (IAH), where United operates a key hub, long lines and frustrated passengers filled terminals
The United States has imposed this additional tariff or penalty for Russian imports only on India
After Trump's executive order, the total tariff on Indian goods, barring a small exemption list, will be 50 per cent
Trump on Tuesday said India has not been a good trading partner and announced that he will raise the tariffs on India 'very substantially' over the next 24 hours
However, Trump is quick to add that Marco Rubio can also ‘get together with JD in some form’
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