‘Trump if India does not soften …’, US President’s advisor Kevin Haset threatens


After the implementation of 50 percent of the US tariffs on India, now comments have intensified like the top officials of both countries. In this episode, the director of the US National Economic Council Kevin Haset said that if India did not stop the Russian crude oil trade, President Trump will not show softening in his punitive tariff. He described trade talks with India as “complex” and said that India is taking a stubborn stance in opening the market for American products.

Record tariff on Indian goods
The US on Wednesday doubled tariffs on Indian products to 50%, which is the highest on any country after Brazil. This includes 25% additional fees on purchasing Russian oil by India.

Record tariff on Indian goods
The US on Wednesday doubled tariffs on Indian products to 50%, which is the highest on any country after Brazil. This includes 25% additional fees on purchasing Russian oil by India.

Told talks ‘long race’
Comparing the Indo-US trade talks with the marathon, Haset said that it will continue to fluctuate and adopt a long approach to reach the final agreement. On the other hand, US Finance Minister Scott Besant also said that high tariffs on India are not only due to Russian oil, but also due to long -drawn business talks. He said that he hoped that the agreement would be reached by May-June, but India was not cooperating. However, he expressed confidence that the world’s largest democracy (India) and the largest economy (America) would eventually come together.

India’s stance
India has clearly stated that it will not bow under American pressure. Prime Minister Narendra Modi Promised that they would never compromise on the interests of the farmers of the country.

Impact on exports
The government estimates that the new tariff will have an impact on Indian exports of $ 48.2 billion. Officials warned that even though the impact was limited immediately, challenges like injury to employment and decline in economic growth may come up in the long run. Sending many shipments to America can be non-profit.





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