White House adviser makes BIG claim on India-US trade talks, reveals why Trump imposed 25% tariff

President of the United States Donald Trump.

US President Donald Trump “was” disappointed “because of the lack of progress in the trade talks with India, and the White House economic advisor to the country that proposes the country on Wednesday, the status of 25 percent of the tariff” will take and solve “. National Economic Council Director Kevin Hassett said Trump was upset about the negotiations on the proposed bilateral trade agreement. The two sides organized a series of negotiations about the trade agreement, but given some controversial issues, no concrete result.

Why did we apply 25% tariff?
On Wednesday, Trump announced that since August 1, all goods from India were given a 25 percent tariff and a penalty for the acquisition of Russian crude oil and military equipment. The surprise announcement came a day after the Indian authorities would visit a US trade team to negotiate a trade agreement from August 25th. Trump’s announcement is seen as a tactic of pressure to enable the new Delhi to accept demands made by the United States who made positive trade agreements with large partners such as Japan, England and the European Union.

What did Donald Trump say?
Hassett said that India has an almost closed market for American products, and that the US is open to them. Trump is disappointed by the United States because of a lack of progress with India, but “a 25 percent tariff thinks that the situation will handle and correct the situation for the American people.” In a mission on social media, Trump said that the US has a major trade deficit with India and criticized India for buying a majority and energy of its military equipment and energy from Russia.

‘The most tiring and disgusting obstacles’
“Although India is our friend, we have done relatively less work with them for years because their tariffs are very high among the highest levels in the world and have the most exhausting and disgusting trading barriers of any country.” He said. “They also bought the majority of their military equipment from Russia, and Russia’s largest energy buyer, together with China, when Russia wants to stop killing in Ukraine – everything is not good!” Added. “For this reason, India will pay a tariff of 25 percent and a penalty for the above starting from August 1,” Trump said. He said.

(With inputs from the news agency PTI).