'Instead Of...': Democrats In US House Foreign Affairs Panel Call Out 'Trump's Singling Out India With Tariffs'
The House Foreign Affairs Committee Dems posted on X, stating,“Instead of imposing sanctions on China or others purchasing larger amounts of Russian oil, Trump's singling out India with tariffs, hurting Americans & sabotaging the US-India relationship in the process.”
Also Read | What forced the US govt to leave Indian pharma out of the 50% tax bracket?They refered to a report by the New York Times that claimed to“explore why India is so confused by the Trump administration as US tariff rates of 50 percent are set to take effect today.”
'Trump singles out India'Democrats' statement came a day after Trump's 50 per cent tariffs imposed on Indian goods came into force.
Trump had earlier announced 25 percent“reciprocal tariffs” on Indian goods and later raised it to 50 per cent as penalty for New Delhi's continued purchase of Russian oil.
Also Read | Buy or sell: Vaishali Parekh recommends three stocks to buy todayThe US imposed this additional tariff or penalty for Russian imports only on India while other buyers such as China and Turkey have so far escaped such measures. The 30 per cent tariff on China and 15 per cent on Turkey is lower than India's 50 per cent.
The announcement is being seen as a pressure tactic to get New Delhi to agree to demands made by the US in the proposed Bilateral Trade Agreement (BTA).
Also Read | US softens stance? India-US 'will come together', says Bessent 'Extremely unfortunate'The Ministry of External Affairs issued a statement on August 6, raising concerns over Trump's tariffs on India.
The ministry said, "The United States has in recent days targeted India's oil imports from Russia."
"We have already made clear our position on these issues, including the fact that our imports are based on market factors and done with the overall objective of ensuring the energy security of 1.4 billion people of India, the ministry added.
Calling it "extremely unfortunate", the ministry said that the US should choose to impose additional tariffs on India for actions that several other countries are also taking in their own national interest.
Also Read | India bond yields may rise, appetite weak before debt supply"We reiterate that these actions are unfair, unjustified and unreasonable. India will take all actions necessary to protect its national interests," the external affairs ministry had said.
During the recent Monsoon session of Parliament, Commerce and Industry Minister Piyush Goyal made a statement in both Houses, affirming that the government is examining the impact of tariffs and will take all necessary steps to safeguard the national interest.
Meanwhile, Prime Minister Narendra Modi asserted that his government would shield small entrepreneurs, farmers, and livestock rearers.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- United States Lubricants Market Growth Opportunities & Share Dynamics 20252033
- UK Digital Health Market To Reach USD 37.6 Billion By 2033
- Immigration Consultancy Business Plan 2025: What You Need To Get Started
- United States Animal Health Market Size, Industry Trends, Share, Growth And Report 2025-2033
- Latin America Mobile Payment Market To Hit USD 1,688.0 Billion By 2033
- United States Jewelry Market Forecast On Growth & Demand Drivers 20252033
Comments
No comment