Trump's Tariff Tsunami: A Diplomatic Dilemma for India
Congress leader Jairam Ramesh criticizes US President Donald Trump's 25% tariffs on India, calling it 'blackmail.' The Modi government's foreign policy faces scrutiny as the tariff impacts crucial Indian sectors. An interim trade deal negotiation continues despite increased tensions, with critical challenges ahead.
- Country:
- India
In a significant geopolitical move, US President Donald Trump has announced the imposition of a 25% tariff on India starting August 1. The decision, publicized via social media, has sparked intense reaction from Indian political circles, particularly Congress leader Jairam Ramesh, who has labeled the move as 'blackmail.'
Ramesh argues that the tariff represents a considerable setback for both India's economy and Prime Minister Narendra Modi's diplomatic efforts, stating that 'there were no gains' from high-profile events like Howdy Modi and Namaste Trump. He further criticized India's handling of the situation, highlighting the stoppage of Operation Sindoor as a point of contention.
Amid mounting pressure, India's Commerce and Industry Ministry reaffirmed its commitment to ongoing trade negotiations with the US, asserting the government's aim to protect critical sectors like agriculture and dairy. The ministry emphasized the importance of a fair, balanced trade agreement amid growing diplomatic tensions.
(With inputs from agencies.)
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