Trump Tariff Hike: US President Donald Trump made a total tariff to 50% by imposing an additional 25% duty on imports from India. India called it unfair and said that it will take every necessary steps to save the energy security and national interest of 140 crore people.
Donald Trump Tariff: US President Donald Trump has imposed an additional 25% tariff on imports from India. Trump had earlier charged 25 percent. Now the total tariff is 50%. He has taken this step for India for continuing to buy crude oil from Russia. India has retaliated on the step of imposing 25% additional tariffs due to the import of Russian oil by Trump. It is said that it is inappropriate and indiscriminate. India will take all necessary steps to protect national interests.
India’s purpose is to fix energy security of 140 crore people
The Ministry of External Affairs said in a statement on Wednesday evening, “We have already made our position on these issues clear. Our imports are based on market factors. Its overall objective is to ensure energy security of 140 million people of India. So it is extremely unfortunate that America has opted to impose additional tariffs for such steps on India. Many other countries are buying oils from Russia in their national interest. All necessary steps will be taken to protect. “
Also read- Tariff War: Donald Trump imposed extra 25% tariff on India, now total is 50%