Under United States President Donald Trump, trade dispute between India and the US has increased, with his administration asking New Delhi to lower its trade barriers and open up its market.
Washington: President Donald Trump has taken a swipe at India along with the world’s other top economies
and accused New Delhi of charging 100 percent tariff on some of the US’ goods, as he threatened to cut
trade ties with countries who are robbing America.
Trump made the remarks in Canada’s Quebec City where he was attending the G7 summit that ended in farce after
he abruptly rejected the text of a consensus statement and bitterly insulted the host. “We’re
like the piggybank that everybody is robbing,” Trump said while addressing a press conference on
Saturday. He also made a reference to India, indicating that his grievances on tariffs was not restricted
to the developed economies alone.
“This isn’t just G7. I mean, we have India, where some of the tariffs are 100 percent. A hundred percent
. And we charge nothing. We can’t do that. And so we are talking to many countries,” Trump said.
Trump has repeatedly raked up the issue of India imposing high import duty on the iconic Harley-
Davidson motorcycles and threatened to increase the import tariff on “thousands and thousands” of
Indian motorcycles to the US.
“We’re talking to all countries. And it’s going to stop. Or we’ll stop trading with them. And that’s a
very profitable answer, if we have to do it,” Trump warned before leaving Canada for Singapore where he
is scheduled to hold a much publicised summit with North Korean Leader Kim Jong Un on Tuesday. His
remarks came at a time when the India-US relationship has been on a positive trajectory for years. For
example, bilateral trade expanded by USD 11 billion last year to more than USD 125 billion, a new
Trump, who is pushing his ‘America First’ policy, said his ultimate goal was the elimination of all
trade duties. “Ultimately that’s what you want,” he said. “You want a tariff free. You want no
barriers. And you want no subsidies. Because you have some cases where countries are subsidizing
industries and that’s not fair.” China and the US have averted a trade war by reaching an agreement
last month under which Beijing has agreed to “significantly increase” its purchases of American goods
and services to reduce USD 375 billion trade deficit with Washington.
The top trading partners of the US are upset over recent imposition of a 25 per cent tariff on import
of steel and 15 per cent on aluminum. The US has said that the best way to solve trade disputes was by
lowering tariff and non-tariff barriers by countries and allowing the free market to operate.
Under President Trump, trade dispute between India and the US has increased, with his administration
asking New Delhi to lower its trade barriers and open up its market. However, unlike countries like
China, Mexico and Canada and those from Europe, India is not on top of the trade issues for the Trump