Trump Tariff
International News: The Trump government has directly started a trade war against India by imposing a 50% tariff. This decision has raised questions on 30 years of friendship. There was already a 25% tax; now another 25% has been added. The reason given was buying oil from Russia. But the reality is that America and Europe themselves are also doing business with Russia. In such a situation, targeting India separately is under question.
Prime Minister Modi told Trump clearly that India will not compromise on its interests. Especially not at the cost of farmers and the poor. The general public is also worried about this move of Trump. There is anger in the country that a friendly country could do this. PM Modi's stance is clear that India is not going to come under pressure now.
Experts believe that India-US relations are probably in the worst phase since 1998. At that time, the US had imposed restrictions on nuclear testing. Now the same strictness is being seen again. Trump's tariff policy may affect areas like investment, technology, education, and defense. This partnership was not just on trade but also on strategic fronts.
Trump is cornering India on trade with Russia, but his own country is not far behind. The European Union is also doing deals with Russia. Then why tariffs only on India? Is this the pressure of domestic politics or a strategy to bow down to India? Experts say that Trump is using India as a scapegoat for his electoral gains.
Trump recently said that if India wants, it can buy oil from Pakistan. India did not like this statement. It seems as if Trump now wants to give preference to Pakistan instead of India. This statement has increased uneasiness in New Delhi. India has called Trump's claims false and baseless. Strong protest has been expressed on this.
India may now lean towards Russia and China. Putin may visit India this year, and there will be new talks on defense cooperation. PM Modi is going to visit China for the first time after 2018. India's presence in the Shanghai Cooperation Organisation meeting will be important.
These events show that India is now making new equations that impact both US domestic politics and US investment in India. Technology, research, and military partnerships between the two countries are also under threat. This tariff conspiracy can take India and the US back several years.
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