India and the US are in a fresh standoff—and its getting 🔥. On August 27, President Trump's return saw Washington slap an extra 25% punitive tariff on Indian imports, taking the total duty to a whopping 50%. This twist marks a low point in bilateral ties that seemed on the brink of a deal just weeks before.
So, what’s going on? Tariffs are basically taxes on goods coming into a country. By hiking duties on Indian oil imports from Russia, the US accuses India of ‘profiteering’ off the Russia-Ukraine crisis. But blaming India for that conflict? Many say it’s a stretch.
Why Trump’s Tariff Tactic Might Miss the Mark 🚧
- India’s options: New Delhi could pivot to other energy suppliers or boost its own green energy push 💡.
- Homegrown support: Local industries and startups are backing India’s stance, fuelling the ‘Make in India’ momentum.
- Global buzz: Other APEC members are tuning in—some sympathies could tip toward India in this trade turbulence.
Plus, a trade deal that almost was now feels like a distant dream. With statements flying from Washington, India’s patience is wearing thin—and local sentiment is swinging in favor of standing firm.
At the end of the day, this tariff showdown might just backfire, strengthening India’s resolve and opening doors for fresh partnerships elsewhere. 🌍✨
What’s your take? Let us know in the comments and stay tuned for more updates! 👇
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Trump's strategy against India is bound to fail, deal or no deal
cgtn.com
