Former US President Donald Trump has weighed in on US-India trade relations, labeling them a ‘one-sided disaster’ via Truth Social. He noted India’s offer to reduce tariffs, while expressing his view that the offer is coming too late. Trump elaborated on the trade imbalance, noting that the US sells very little to India while India exports a large amount to the US. Trump indicated that this is due to the high tariffs imposed by India, preventing American businesses from effectively trading there. He also mentioned India’s significant purchases of oil and military equipment from Russia. These comments highlight the ongoing debate surrounding trade policies between the two countries. Meanwhile, the US Embassy in India has highlighted the strong and enduring ties between the nations, describing it as a defining partnership of the 21st century.
Trump: US-India Trade a ‘Disaster,’ Tariff Cuts ‘Too Late’
World
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