15
Donald Trump wants to stop the war between Russia and Ukraine. But Russia is not preparing and India is taking oil from Russia at cheap prices, this is being disturbed by Trump and which they have also mentioned on their social media.
Donald Trump announce tariff on India: What a coincidence that PM Narendra Modi spoke in Parliament on Operation Sindoor yesterday and Trump today put a tariff on India. It seems that Trump is not happy with PM Modi’s statement. PM Modi said in the Lok Sabha yesterday that no country in the world stopped operation vermilion, while Rahul Gandhi challenged the Prime Minister that if the matter of stopping the ceasefire of Trump is a lie, then PM Modi replied. After PM Modi’s speech in Parliament, Trump again claimed to stop the ceasefire for the 30th time and after a few hours, Trump announced the tariff on India. The US announced to impose a 25 percent tariff on India, Donald Trump said in a post on its trousers that despite being friends, India and the United States have done relatively low trade and announced that India would be fined with 25 per cent tariffs. Trump said, “Remember, India is our friend, but in the last few years we have done relatively less trade with him because he has more tariffs. Donald Trump further wrote,” In addition, India has always bought a large part of its military equipment from Russia, and with China, they are the biggest buyers of Russia’s energy, they are Russian’s biggest buyers, they want to stop some of the murders in Russians when they want to have some murders in Russians. No, therefore, India will have to pay 25% tariffs and fine from August 1. Thank you for paying attention to this matter?
Why did Trump get chili from India?
In fact, India rejected Trump’s ceasefire claim. Prime Minister Narendra Modi said in the Lok Sabha yesterday that America Deputy Commissioner JD Vance spoke to PM Modi on the phone on May 9 and talked about Pakistan’s possible attack, then he replied in Tow Luke, India would give a befitting reply. The Foreign Minister S Jaishankar said that international calls came on May 10, in which it was told that Pakistan wants a ceasefire. India replied that if Pakistan has to talk, then make a formal request through DGMO, after this, after the talks between the two countries have been ceasefire. At the same time, Jaishankar made it clear that there was no direct communication between Modi and Trump between April 22 and June 17. Now the question arises that when Trump is claiming ceasefire for the 30th time, Trump is angry with India, obviously it is obvious that America Deputy Commissioner JD Vance, who spoke to PM Modi and Foreign Minister, should have told Vance what happened to PM Modi? Till now, Vance has not revealed the conversation with PM Modi that what was the conversation between the two leaders?
What is Trump’s anger from India?
Donald Trump wants to stop the war between Russia and Ukraine but Russia is not preparing and India is taking oil from Russia at cheap prices, it is dismissing Trump and which they have mentioned on their social media. Not only this, when the issue of war between Russia and Ukraine was brought to the UN, India did not participate in voting. India’s friendship with Russia is not digesting America, so the first NATO and then the European Union had threatened to tighten India, even the European Union also worked to ban the Russian company whose oil company is in India so that the oil of Russian company would not be able to go to the European Union from India. It seems that if it has not had an immediate effect on India, then the US has announced 25 percent tariffs, while India and America have had a five -time talks about Tarriu but the deal has not been reached because India has objected to some trades of America. It was also being said that there would be talks between the two countries again about the tariff, but Trump decided to unilaterally tariffs, while before this Union Minister Piyush Goyal had said that the business agreement with America is going on. He had said that the talks are going on very fast and in a sense of mutual cooperation so that we can make a beneficial trade agreement with the US but Trump has made unilateral announcements. It is also being said that the American team is also going to come next month to talk on tariffs, the question is, what will happen now? Whereas on Trump’s unilateral decision, the Government of India has said that India and America have been negotiating to reach a fair, balanced and mutually beneficial bilateral trade for the last few months. We are committed to it. The government will take all the necessary steps to protect its national interests, as in the trade agreement with the Britain, the trade between India and the US in the US on April 2, India had imposed a 26 per cent recipes on India, which was later suspended for 90 days and the tariff was going on between the two countries. It was said that by 2030, there was talk of increasing bilateral trade between the two countries to $ 500 billion by 2030. It is worth noting that by 2024 in India and America, there was a trade of about $ 129.2 billion. India exported $ 41.8 billion to India, while India exported $ 87.4 billion to the US, meaning America’s trade deficit from India is about $ 45.7 billion, these things are spent by America.
What will be the effect on the stock market?
The Government of India has given its response to Trump’s unilateral decision and it seems that the government is seen in the mood to issue talks with America. At the same time, the US has also indicated that a penalty will also be installed due to buying defense and energy from Russia, but the question is how much penalty will be imposed, it is not clear. It is believed that unilateral decisions by the US to impose tariffs on Indian imports can affect Indian markets? It may not affect it because Trump specializes in overturning. It may be a mild impact on India but it does not have an impact in the long term. Nothing can be said on the injury of stain on the market, for this the stock market will have to wait tomorrow.
(The author’s views are completely individual)
