New Delhi [India], July 31 (ANI): Samajwadi Party MP Ram Gopal Yadav on Thursday said that India will have to “rethink anew” (its bilateral relationship with the US) after President Donald Trump announced 25 per cent tariffs on India. Trump also said India will face additional penalties for purchasing oil from Russia.
Speaking with ANI, Ram Gopal Yadav said, “A few days ago, during a press conference, when a journalist asked Trump about PM Modi. He said, “Modi is my friend, but I love Pakistan”… Trump’s behaviour towards other countries around the world is as if he were the ‘Raja’ and others were his ‘praja’. No major or powerful country has ever treated other nations this way. India will have to rethink anew.”
Earlier in the day, Congress MP Shashi Tharoor noted the impact of the 25 per cent tariff announced by US President Donald Trump on the Indian economy and termed the matter very “serious”, which will “destroy” India’s trade with America.
On the US President Trump’s dead economy remark, Congress MP Shashi Tharoor told ANI, “It’s a very serious matter for us… 25, plus an unspecified penalty for our buying oil and gas from Russia, it could take it up to 35-45… There’s even talk of a 100% penalty, which will destroy our trade with America… The trade negotiations are underway, and there is a possibility that it may come down. If it doesn’t, it will damage our exports, because America is a very big market for us…
The Congress leader noted that the US administration has to take into consideration the “needs” of the Indian government as well.
“On the other hand, if their demands are completely unreasonable, our negotiators have every right to resist… America has to understand our needs as well. Our tariffs on America are not that unreasonable. It’s about 17% average. American goods are not priced competitively enough to sell in the Indian market…” (ANI)
Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News
HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages
