World Politics

Donald Trump Tariff hikes no more acceptable – Trade Wars with India

India has had a “field day” imposing tariffs on the America products. Which is no longer acceptable to US.

Donald Trump Tariff hikes no more acceptable

Donald Trump: On Tuesday stated that India has had a “field day” imposing tariffs on the America products. Which is no longer acceptable to US.

Trump’s tweeted these curt words days after the meet with the PM of India Narendra Modi. They met at the G20 Summit in Osaka on June 28. They indulged in talks regarding the bilateral trade between the two countries.

The two countries have been going through tough times in terms of trades. With both side fighting  on imposing high custom duties on various imported products .

Trump tweeted on Tuesday “India has long had a field day putting Tariffs on American products. No longer acceptable.”

Consequently over the months the tensions among the two countries related to the bilateral trade has escalated.

India has raised tariffs on 28 items. Theses items include almonds, pulses, and Walnuts exported from the US. This action was taken in retaliation to America’s withdrawal of preferential access for Indian products. The Indian Government imposed these duties in retaliation to the decision of  the US in significantly hiking custom duties on certain and steel and aluminium products.

America, Last year imposed 25 percent duties on steel and 10 percent import duty on aluminium products.

Donald Trump: Tariff hikes no more acceptable

Trump also tweeted before his meet with PM Modi “I look forward to speaking with Prime Minister Most about the fact that India, for years having put very high Tariffs against the United States, just recently increased the tarries even further. This is unacceptable and the Tariffs must be Withdrawn.”

February last year, India slashed 50 percent of the import duties imposed on the motorcycles like Harley-Davidson, Imported from the US. Probably because Trump called it Unfair and threatened to increase the tariffs on import of bikes to the US.

The Reserve Bank of India issued a directive on ‘Storage of Payment System data’, last year in April. For effective monitoring, it advise that all the system providers should ensure that data related to payment system to be stored in India. To be effective within six months.

Many US companies including Google, Mastercard, VISA and Amazon raised concerns regarding the impact on their operational cost rise due to the data localisation.

In conclusion, do you think this is sustainable?

Please rate this

Add Comment

Click here to post a comment

Video

Uniquely strategize progressive markets rather than frictionless manufactured products. Collaboratively engineer reliable.

Advertisement

Advertisement Small

Flickr

  • Cecy
  • Des ongles
  • Des mains
  • Shaking tree (detail)
  • Bagarre
  • Jonas
  • Düden
  • Lisa
  • Circé du soir au matin

About Author

Follow Me

Collaboratively harness market-driven processes whereas resource-leveling internal or "organic" sources. Competently formulate.

ThemeForest

Collaboratively harness market-driven processes whereas resource-leveling internal or "organic" sources. Competently formulate.

Calendar

December 2024
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  

RSS Meks Blog

  • How Adding Slack Bot Boosted Our Culture of Appreciation July 3, 2024
    Sweet Kudos is a Slack bot that enhances employee recognition, rewards, and celebrations within your team. It empowers team members to express gratitude and appreciation effortlessly by giving virtual Kudos. The post How Adding Slack Bot Boosted Our Culture of Appreciation appeared first on Meks.
    Dusan Milovanovic
  • 10 Best Knowledge Base & Wiki WordPress Themes 2021 September 15, 2021
    Running a successful online business requires an exceptional WordPress knowledge base theme that organizes documentation and helps customers. Customization options, intuitive navigation, unique layouts, and fast responsiveness are just some of the features you need. The following 10 WordPress wiki themes represent the best options for 2021 and beyond. Explore the full range to determine […]
    Dusan Milovanovic
  • How to increase WordPress Memory Limit (quick fixes) June 16, 2021
    Here is a post about how to increase the memory limit in WordPress. Allowed memory size exhausted error message showed up in your WordPress installation? No worries – this is one of the most common errors in WordPress. You can apply an easy fix by increasing the memory limit in your PHP. Table of Contents […]
    Dusan Milovanovic
  • How to use (and why) WordPress sitemap plugin March 1, 2021
    Did you know that by knowing how to use the WordPress sitemap plugin you can significantly improve your site’s visibility and traffic? Although it isn’t mandatory to have a sitemap on your site, having one significantly improves the site’s quality, crawlability and indexing. All this is important for better optimization, which is why we wanted […]
    Ivana Cirkovic
  • 22 free and premium podcast software for your show [2021 edition] January 18, 2021
    You’re determined to start or improve your podcast but don’t know which podcast software to use to really make it stand out? We’ve got you! #podcasting Top 22 free and premium podcast software for your show #WordPressTips #podcasting The post 22 free and premium podcast software for your show [2021 edition] appeared first on Meks.
    Ivana Cirkovic
  • Digital storytelling with WordPress – an all-in-one guide to make your web stories pop! November 23, 2020
    Wondering how to improve digital storytelling with WordPress and build more awareness and exposure of your business? Let our guide lead the way. The post Digital storytelling with WordPress – an all-in-one guide to make your web stories pop! appeared first on Meks.
    Ivana Cirkovic
  • How to use WordPress autoposting plugin to improve your visibility and SEO? September 10, 2020
    Did you know you can use the WordPress autoposting plugin for your content efforts and improve not only your time management but your business and visibility as well? The post How to use WordPress autoposting plugin to improve your visibility and SEO? appeared first on Meks.
    Ivana Cirkovic
  • How to create a personal branding site? Step-by-step DIY guide August 15, 2020
    Looking for ways and means to create a personal branding site? Well, look no further ’cause we’re giving away all the how-to’s to do it yourselves! The post How to create a personal branding site? Step-by-step DIY guide appeared first on Meks.
    Ivana Cirkovic
  • Top 15 WordPress content plugins and tools to improve your visibility and rankings July 16, 2020
    Let’s take a look at some of the must-have WordPress content plugins and tools to use to improve both your UX and rankings. The post Top 15 WordPress content plugins and tools to improve your visibility and rankings appeared first on Meks.
    Ivana Cirkovic
  • WCEU 2020 recap – key takeaways from the biggest online WordPress conference June 9, 2020
    Missed WCEU 2020 and all the exciting stuff from there? Here are all the key takeaways and main points to remember so, take notes! The post WCEU 2020 recap – key takeaways from the biggest online WordPress conference appeared first on Meks.
    Ivana Cirkovic

Text

Distinctively utilize long-term high-impact total linkage whereas high-payoff experiences. Appropriately communicate 24/365.