In a publish on X, Asaduddin Owaisi wrote, “Trump simply slapped one other 25% tariff on India, taking it to 50%, as a result of we purchased oil from Russia. This is not diplomacy, it is bullying by the buffoon-in-chief who clearly does not perceive how world commerce works.”
AIMIM chief Asaduddin Owaisi, on Thursday, slammed US President Donald Trump for imposing an extra 25 p.c tariff on Indian items, calling it “bullying by the buffoon-in-chief.” Owaisi additionally stated the tariff, which raises the overall to 50 p.c, will hurt Indian exporters, small companies, and jobs.
AIMIM chief Asaduddin Owaisi slams Trump, calls him ‘buffoon-in-chief’
In a publish on X, Asaduddin Owaisi wrote, “Trump simply slapped one other 25% tariff on India, taking it to 50%, as a result of we purchased oil from Russia. This is not diplomacy, it is bullying by the buffoon-in-chief who clearly does not perceive how world commerce works.”
AIMIM chief Asaduddin Owaisi questions PM Modi’s silence on Trump’s 50% tariffs
He additionally questioned why Prime Minister Narendra Modi and Bharatiya Janata Get together (BJP) leaders stay silent on the problem. Owaisi accused the federal government of giving up India’s strategic independence to learn rich buddies. “These tariffs will damage Indian exporters, MSMEs, and producers. It will disrupt provide chains, deter FDI, and hit jobs arduous. However why will @narendramodicare? The place are these BJP muscle-flexers now? Final time I would requested if Modi ji would present his 56-inch chest when Trump imposed 56% tariffs. Trump stopped at 50%. Perhaps he is fearful of our non-biological PM? Was promoting out our strategic autonomy value filling your folks’ billionaire coffers?” the publish reads.
Why did Trump impose an extra 25 p.c tariff on India?
On August 6, US President Donald Trump signed an Govt Order imposing an extra 25 p.c tariff on imports from India. In line with the order issued by the White Home, Trump cited issues of nationwide safety and overseas coverage issues, in addition to different related commerce legal guidelines, for the rise, claiming that India’s imports of Russian oil, instantly or not directly, pose an “uncommon and extraordinary risk” to the US.
After the order, the overall tariff on Indian items shall be 50 p.c. Whereas the preliminary obligation turns into efficient on August 7, the extra levy will come into impact after 21 days and shall be imposed on all Indian items imported into the US, apart from items already in transit or these assembly particular exemptions.
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