United States President Donald Trump said he was imposing a 25 per cent tariff on goods from India starting on Friday.
Writing on his Truth Social platform, Trump sharply criticised New Delhi for its military and energy ties with Russia.
He described India as a “friend” but accused the country of maintaining unfair trade practices that disadvantage US businesses.
India has “strenuous and obnoxious” trade barriers that keep its markets closed to companies, he wrote, adding that its tariffs were “far too high.”
Trump also took aim at India’s relationship with Russia, saying: “They have always bought a vast majority of their military equipment from Russia, and are Russia’s largest buyer of ENERGY, along with China.”
In addition to the new tariff, Trump said India would face a financial “penalty” for its purchases from Russia, though he did not provide further details.
dpa/NAN
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Source: Leadership.ng | Read More