Explorer

No Trade Talks With India Until Tariff Dispute Is Resolved, Says Trump

His administration recently doubled tariffs on Indian imports to 50%, and Trump stated that talks will not resume until this issue is resolved.

US President Donald Trump has ruled out any trade talks with India until the tariff dispute is resolved after his administration slapped double tariffs on imports from India. 

On being asked whether he expected talks to resume in the light of the new 50 per cent tariff, Trump said: "No, not until we get it resolved."

On Wednesday, the White House issued an Executive Order imposing an additional 25 percentage points in tariffs on Indian goods, taking the total levy to 50 per cent. 

The Trump administration cited India's import of oil from Russia amid the Ukraine war for imposing the tariffs. 

The initial levy, according to the US officials, came into effect on August 7, while the additional duty will take effect in 21 days and apply to all Indian goods entering US ports. Items already in transit and certain exempt categories will have the exemption. 

India Is Ready: Modi

Prime Minister Narendra Modi, on Thursday, said that India was ready and assured to protect the interests of farmers, fishermen, and dairy farmers of the country as initial tariffs of 25 per cent came into effect. 

Addressing the MS Swaminathan Centenary International Conference in New Delhi, Modi signalled that India would not back down in the face of economic pressure. 

"For us, the interest of our farmers is our top priority," PM Modi said. "India will never compromise on the interests of farmers, fishermen and dairy farmers. I know we will have to pay a heavy price for it, and I am ready for it. India is ready for it," he said. 

About the author ABP Live News

ABP Live News delivers round-the-clock coverage of India and the world, tracking politics, policy, governance, crime, courts and breaking developments, while offering sharp, verified reporting that helps readers stay informed, aware and connected to the stories shaping public life.

Read

Top Headlines

'All Those Hugs Did Nothing': Congress Mocks PM Modi After Trump Tariffs Warning
'All Those Hugs Did Nothing': Congress Mocks PM Modi After Trump Tariffs Warning
15th Parole For Ram Rahim Sparks Outrage As Umar, Sharjeel Are Denied Bail On Same Day
15th Parole For Ram Rahim Sparks Outrage As Umar, Sharjeel Are Denied Bail On Same Day
Delay In Trial Doesn't Operate As 'Trump Card': SC To Umar Khalid, Sharjeel Imam
Delay In Trial Doesn't Operate As 'Trump Card': SC To Umar Khalid, Sharjeel Imam
IPL Broadcast Banned In Bangladesh After Mustafizur Rahman-KKR Controversy
IPL Broadcast Banned In Bangladesh After Mustafizur Rahman-KKR Controversy

Videos

Punjab News: AAP Leader Shot Dead During Wedding in Amritsar
Maharashtra News: Pune Man Dies by Suicide Alleging Harassment by NCP Candidate
Mumbai News: Thackeray Brothers Hold Joint Rally After Manifesto Release
Tamil Nadu News: Amit Shah Targets DMK, BJP Launches Poll Campaign in Pudukkottai
Delhi News: Supreme Court to Decide on Bail Plea of Delhi Riots Accused Umar Khalid, Sharjeel Imam

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget