New Delhi, July 30 -- US President Donald Trump announced a 25 per cent tariff on India, citing high duties and non-monetary trade barriers. He criticised India's military purchases from Russia and stated that the tariff would take effect on August 1.
Read his full post here -
In a post on his Truth Social handle, Trump wrote, "Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country."
He further added, "Also, they have always bought a vast majority of their military equipment from Russia, and are Russia's largest buyer of ENERGY,...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.