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‘India Hasn’t Been A Good Trading Partner’: Trump Threatens To Raise Tariffs ‘Very Substantially’ Over 24 Hours

‘India Hasn’t Been A Good Trading Partner’: Trump Threatens To Raise Tariffs ‘Very Substantially’ Over 24 Hours

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The US President said that India hasn’t been a fair trading partner — they do a lot of business with us, but we don’t get the same in return

The US President Donald Trump has announced plans to “very substantially” raise tariffs on Indian goods within the next 24 hours on Tuesday, citing New Delhi’s continued imports of Russian oil. India hasn’t been a fair trading partner — they do a lot of business with us, but we don’t get the same in return, added the US President.

 "They have the highest tariff of anybody ... We settled on 25 per cent, but I think I'm going to raise that very substantially over the next 24 hours because they're buying Russian oil. They're fueling the war machine," he said in an interview with CNBC.

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