Democrats of the US House Foreign Affairs Committee have criticized President Donald Trump and his administration. He says that only India is being targeted to buy oil from Russia, while big buyers like China are exempted.
Tariff damage to America and relations
Democrats say that 50% of tariffs on Trump’s Indian imports have damaged Americans and are damaging Indo-US relations made up of the last two decades of bipartite attempts. He said that “instead of banning China or other countries, only targeting India is weakening the US-India relations. It is almost as the case is not related to Ukraine.”
NYT report cited
The panel, citing the report of the New York Times, said that if the Trump administration had imposed a secondary ban on every country buying oil from Russia, the matter was different. But by focusing only on India, this has become the most confused policy result, because China is still buying Russian oil at a discount after getting discounts.
New tariffs and effects
The attack of Democrats came when the additional 25% tariffs (above 25% applied) applied by Trump became effective. In this way the tariff rate has doubled. Trump has linked it to India’s Russian oil trade.
According to the Government of India, these tariffs will have an impact on export of $ 48.2 billion. Officials have warned that new duties can make the US a commercially non-practical, which can reduce employment and slow the economic growth.
Modi government’s attitude
Prime Minister Narendra Modi Has clarified that India will not bow under pressure. However, the US has exempted some sectors such as pharmaceuticals and electronic goods, which has given partial relief to India.
Status of trade relations
Indo-US trade relations have been strengthened in recent years, but they are still affected by controversies on market access and domestic political pressures. India was in early countries that started trade talks with the Trump administration, but so far no agreement has been reached as America has been demanding more reach in India’s agriculture and dairy sector.
https://www.abplive.com/news/world/donald-trump-tariff-us-house-foreign-affairs-committee-slammed-president-for-targeting-india-not-china-3003015