Khaleej Times

India charging US over 100% tariff, says Trump

- — PTI

washington — India charges America over 100 per cent tariffs on a large number of products while the US imposes nothing on the similar or same items, US President Donald Trump has said, urging his administra­tion to work on the “stupid trade”.

His statement came days after he criticised India, saying it is one of the world’s “highest taxing nations”. The US President has repeatedly claimed that India is a “tariff king” and imposes “tremendous­ly high” tariffs on American products.

Addressing at an event in Las Vegas on Saturday, Trump said: “We have a case where a certain country, India, is charging us... what great country, great friend, Prime Minister (Narendra) Modi — charging us over 100 per cent for many things.”

The United States, he said, is charging India “nothing for similar or same” products.

In his speech, Trump indicated that he is receiving resistance from Senators for imposing reciprocal tariff on India. He cited India as a country other than China which imposes high tariffs on American products.

India, he alleged, continues to wage “stupid trade” and unfair trade practices, and called out Prime Minister Modi for the trade imbalance with the US. “I have Senators who say, you can’t do that. It’s not free trade. When did they come from? Where did they come from? It’s not free trade,” he said.

He asked his senior administra­tion officials to work on this.

“Will you please work on them? It’s the craziest thing. It’s stupid trade. We have so much stupid trade,” Trump said. He said that as a result of such trades, the US has lost for many years now — $800 billion a year on trade.

“Who the hell makes these deals? Those are not good negotiator­s. Actually, Democrats made a lot of them though. But Republican­s met a lot of up too, that’s the amazing thing. They made $800 billion. But we’re getting it back. We’ll get to give back. We’re going to be getting a lot of it.”

We have a case where a certain country, India, is charging us... what great country, great friend, Prime Minister (Narendra) Modi — charging us over 100 per cent for many things

Donald Trump, US President

 ??  ??

Newspapers in English

Newspapers from United Arab Emirates