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Trump Criticizes US-India Trade Imbalance Amid Tariff Dispute
Trump Criticizes US-India Trade Imbalance Amid Tariff Dispute
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BTCCSquare news:
Former President Donald TRUMP has publicly criticized India's trade practices, citing high tariffs and ongoing economic ties with Russia as key issues. In a Truth Social post, Trump claimed India had previously offered to eliminate tariffs but failed to act promptly. The comments followed Prime Minister Narendra Modi's meeting with Chinese President Xi Jinping at the Shanghai Cooperation Organization summit.
Trump specifically targeted India's import duties and its continued purchases of Russian oil and arms, arguing that American businesses face unfair barriers to entry in the Indian market. The U.S. has responded with escalating tariffs, including a recent 25% secondary duty on Indian goods, which New Delhi condemned as unjustified.
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