Agra's leather and footwear industry is facing a severe crisis due to the 50% tariffs imposed by the United States on Indian exports
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Agra's leather and footwear industry is facing a severe crisis due to the 50% tariffs imposed by the United States on Indian exports
US President Donald Trump accused India of imposing the highest tariffs on American businesses, calling the situation a “totally one-sided d
Breaking News Today: Former U.S. President Donald Trump denounced the U.S.–India trade relationship as a “totally one-sided disaster,” accusing India of imposing high tariffs and doing significant trade without reciprocating. He highlighted India’s reliance on Russian oil and arms, and claimed that India had offered to cut tariffs to zero—but “it’s getting late.” Analysts counter that the U.S. actually benefits from a $35–40 billion surplus when all trade imbalances are factored in.
India’s Strong Response to Trump's Tariff Claim: What’s the Truth?
📢 India On Trump Tariff Statement: Amid President Donald Trump’s recent claim that India is reducing tariffs on American exports, India has provided a strong response.
India’s Clarification on Tariff Reduction
➡️ India stated that while the US has been approached regarding a tariff deal, no immediate action has been taken yet. ➡️ Officials emphasized that such matters require time, and they expect the issue to be resolved by September 2025.
Focus on Bilateral Trade Agreement
✅ Indian authorities highlighted that the focus is on achieving a positive bilateral trade agreement rather than immediate tariff adjustments. ✅ Talks between both nations are still ongoing and no concrete decision has been finalized.
Trump’s Remarks on Tariffs
President Trump criticized India for imposing what he called "unreasonable tariffs" on American goods, claiming that India’s trade practices hinder American exports. 🗣️ Trump had previously accused India of excessive tariffs and warned of retaliatory tariffs on Indian exports starting April 2, 2025.
India’s Response to Criticism
India rejected comparisons to Mexico, China, and Canada, arguing that its trade dynamics differ significantly. Officials also defended India’s stance by emphasizing the complexities involved in security, borders, and trade negotiations.
Conclusion:
While President Trump claimed India has agreed to reduce tariffs, Indian authorities clarified that discussions are still underway, and any adjustments will align with a broader bilateral trade deal.