Trump says India will face 25 tax prices starting in Aug. 1 – NATIONAL

US President Donald Trump said on Wednesday the United States will enforce 25 tax prices in the India shopping in Aug. 1.
He said in India, with a fifth largest economy in the world, also faces unspecified penalties in Aug. 1, but didn’t define the amount or what it was.
“While the India is our Friend, over the years, there is very small businesses because their prices are very high, and have very difficult and non-financial institutions of any country.
“They have been buying a majority of their military equipment from Russia, and they are the largest power consumer in Russia, and China, when everyone wants Russia to stop killing in Ukraine – all things are wrong!”
Indian commercial service, leading commercial conversations with the United States, did not immediately respond to the request of comment.
Trump’s decision leaves the prospect of a limited trade agreement between the two countries, who had been under a few months.

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US and Indian traders hold lots of negotiations to resolve conflict issues, especially by market access to American agricultural products and dairy products.
Despite the progress of other areas, India officials opposed the opening of the home market, maize, rice, and sugar, to deal with millions of Indian farmers.
New taxes are expected to contact Indian goods in the US, estimated US $ 87 billion in 2024, including actors with clothing, drafts, values and jewelry.

The United States currently has 45.7 million commercial deficit and India.
India is now joining the growing country of high-scale priced prices under the “Liberation Day” Day Protection Policy, which is intended to re-process US trade relationships by seeking a major retirement.
The White House has been handed before the India about the high tax rates used – approximately 39 percent of agricultural products, rising prices up to 4 percent of 50 apples.
The Setback comes in despite previous obligations by Prime Minister Narendra Modi and Trump concluding in the first 2020 billion trading agreement in 2020.
The US produces exports in India, which is about $ 42 billion in 2024, and exports such as natural gas, crude oil, can address revenge act when India chooses to respond.
Indian authorities previously revealed that they look at the US as a key plan for a key plan, especially in opposing China. However, they emphasized the need to maintain a policy policy in agriculture, data management, and government funding.
-Reporting Kusen Heaveyi, Katharine Jackson in Washington, ManoJ Mar and F AFTAB Ahmed New Delhi; Edit by Doina Chiacu and Mark Heinrich