Years
US President Donald Trump said that India can be imposed tariffs ranging from 20% to 25%. He warned that the final tariff has not been decided yet as the two countries are talking on a trade agreement before the August 1 deadline. Journalists asked him if this was a possible tariff rate for India, then Trump said that I think so. Returning to Washington from Scotland, Trump said in Air Force One that India has been a good friend, but has imposed more tariffs.
No final deal has been locked between India and America so far. Trump has announced tariffs on countries around the world. Trump has not made any announcement about India so far. Wait and restraint remains that when there is a trade deal between India and America, then how much will be the matter. Now Donald Trump has given an indication. In the statement, he has said that India can impose import duty of 20 to 25%. However, he has clearly stated in his statement that no final decision has been taken in this regard. Trump was talking to reporters in the Air Force One aircraft. There a reporter asked him if India was preparing itself for the increased tariff of America. To this, Trump replied that I think so. He said in his statement that there is no final about India yet. But 20 to 25% tariffs can be imposed on India.
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Tariff up to 25% on India
US President Donald Trump said that India can be imposed tariffs ranging from 20% to 25%. He warned that the final tariff has not been decided yet as the two countries are talking on a trade agreement before the August 1 deadline. Journalists asked him if this was a possible tariff rate for India, then Trump said that I think so. Returning to Washington from Scotland, Trump said in Air Force One that India has been a good friend, but has imposed more tariffs.
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In recent weeks, the US has announced trade agreements with several partners from Japan and Indonesia to the European Union, but has failed to form a consensus with India, which has refused to reduce the fees on agriculture and dairy products, while genetically modified agricultural products are adopted on not allowing admission to India. India and the United States are interacting for the first phase of the bilateral trade agreement by autumn (September-October), under which an American team of officials will visit New Delhi from August 25. American trade representative Zamison Greer said on Monday that the US needs more time to negotiate with India to find out whether India wishes to open its market more for American exports.
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