Trump Tariff Dispute: According to an American company report, Donald Trump has imposed heavy tariffs against India due to his displeasure. He is angry that India did not let him take credit for stopping the fight with Pakistan.
Trump Tariff Dispute: According to the report of the US financial services company Jafaries, he is getting his own displeasure of the heavy tariff imposed on India by President Donald Trump. India did not allow Trump to mediate during the fight with Pakistan. This did not give Trump a chance to claim for the Nobel Peace Prize.
America imposed 50% tariff on India due to personal resentment
According to Jefferies report, Trump’s “personal resentment” was behind the US imposing 50% tariff on India. The tariff has led to a huge decline in the long-term strategic relations of Indo-US. 50% tariff came into effect from August 27. The report said, the fee is mainly the result of the personal resentment of the US President. He was not allowed to play a role in ending the long -standing bitterness between India and Pakistan.
Trump has claimed to stop the India-Pakistan battle
Let us know that Trump has repeatedly tried to take credit for stopping the struggle between India and Pakistan during the operation vermilion. India has rejected that the third country was in the consent on the ceasefire. India says that it was agreed not to extend the fight on Pakistan’s request. India has repeatedly said that it is not ready for any third party mediation in the ongoing dispute over Pakistan over Kashmir.
Despite being well acquainted with India’s situation, Trump boasted that he stopped the “nuclear war” between India and Pakistan. He had threatened that if he did not agree to the ceasefire, he would impose tariffs. Earlier this year, Trump reiterated his arbitration appeal on the Kashmir issue. The US report said that India stands on its “red line” to not mediate a third party despite the possibility of huge economic losses.
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America wants to reach India’s agriculture and dairy markets
Jefferies report described the agricultural sector as another obstacle. The Trump administration wants widespread access to India’s agriculture and dairy markets. India is not ready for this. Due to this, the opposition trade agreement between India and the US hangs in the balance. Around 25 crore farmers and laborers in India depend on agriculture for their livelihood. The region accounts for about 40% of the Verfforce of India.