India, Aug. 30 -- US President Donald Trump slapped a steep 50 percent tariff on New Delhi as he was not allowed to mediate in the India-Pakistan conflict, according to a report by American multinational investment bank and financial services company Jefferies.

The report stated that such unprecedentedly high tariffs were a "consequence" of Trump's "personal pique" and that he reportedly hoped to intervene in the conflict between the two South Asian nuclear powers.

India has repeatedly said that it does not welcome interventions by other countries in conflicts with Pakistan.

Trump, meanwhile, claimed on multiple occasions that he ended several conflicts around the world, including the one between India and Pakistan.

The White House ev...