Trump steps up tariff heat on India ahead of bilateral meeting with Modi at G20

Trump tweeted that India's high tariffs against the United States is unacceptable and they must be withdrawn.

Published: 27th June 2019 09:50 PM  |   Last Updated: 27th June 2019 09:51 PM   |  A+A-

Prime Minister Narendra Modi and US President Donald Trump (File Photo | PTI)

Prime Minister Narendra Modi and US President Donald Trump (File Photo | PTI)

Express News Service

NEW DELHI: Ahead of a crucial summit meeting with Prime Minister Narendra Modi on Friday in Osaka, US President Donald Trump tweeted demanding that a punitive hike in tariff which India had imposed on 28 US exports in a tit-for-tat trade war be withdrawn as it was “unacceptable.

Trump tweeted that he was looking forward to speaking Modi “about the fact that India, for years having put very high tariffs against the United States, just recently increased the tariffs even further. This is unacceptable and the tariffs must be withdrawn!”

The US President piled on pressure on India after talks between his Secretary of State Michael Pompeo and his Indian counterpart not only did not yield any compromise solutions, but also saw India’s Reserve bank reiterating that plans to locally store net-based payment data, an issue which has riled US Government and multinationals such as Google, Visa and Mastercard.

Top Commerce Ministry officials said that India’s duty hikes were within WTO bound rates or the maximum rates which the world trade body allowed its members to levy on imports. However, the officials added that “trade talks are all about give and take. We are open to compromises.”

Said Prof. Biswajit Dhar of JNU, a trade expert “Trump is a difficult man to satisfy. One summit may not resolve our trade dispute, but some headway may be made.”

Effective June 5, the United States has unilaterally scrapped duty-free export facility to over 2,000 product categories from India, which retaliated earlier this month by raising duties on 28 US exports including almonds and Washington apples.  

Even before that, the rumblings of a trade dispute had been present with Trump repeatedly complaining of India’s high duties on US automobiles, agricultural products, wines, processed food and telecom and IT products.

The US has also taken up India’s e-commerce rules which it considers discriminatory, its plans to store payment data locally instead of allowing them to be shipped to servers in the US as well as gone to the WTO seeking explanations on India’s subsidies to its farmers.

 

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp