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News Update

India-US relation : India eyes stronger US ties under Trump 2.0 as ‘abuser’ tag triggers tariff tensions

04 January 2025 12:29 AM indoremeripehchan
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India-US relation : India is looking forward to strengthening its economic relationship with the United States by engaging with the incoming Trump administration, Trade Minister Piyush Goyal told reporters in New Delhi on Friday.

The comment comes amid renewed tensions over trade tariffs, with U.S. President-elect Donald Trump reiterating his criticism of India’s trade policies. Trump has long been vocal about his dissatisfaction with what he perceives as unfair trade practices, describing India as a "very big abuser" of tariffs.

Trump’s repeated warning to India

In December, Trump again threatened to impose reciprocal tari ..

Read more at:

https://economictimes.indiatimes.com/news/economy/policy/india-eyes-stronger-us-ties-under-trump-2-0-as-abuser-tag-triggers-tariff-tensions/articleshow/116913936.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

India, often criticised for its protectionist stance, was singled out by Trump alongside Brazil for imposing high tariffs on American goods.

This was not the first time Trump had targeted India. He previously referred to the nation as the "tariff king," citing high import duties on Harley-Davidson motorcycles. While India subsequently reduced these tariffs, Trump remained unimpressed, remarking, “India charges a lot.”

Read more at:

https://economictimes.indiatimes.com/news/economy/policy/india-eyes-stronger-us-ties-under-trump-2-0-as-abuser-tag-triggers-tariff-tensions/articleshow/116913936.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Historical frictions on India-US trade tariffs

Under Trump’s first presidency, the U.S.-India trade relationship faced several hurdles despite flourishing strategic ties. In 2019, India imposed retaliatory tariffs on American products after the U.S. increased duties on steel and aluminum imports. Trump responded by withdrawing India’s preferential trade treatment under the Generalized System of Preferences (GSP), impacting Indian exports.

Currently, India’s trade with the U.S. is  ..

Trump's tariff threats have bee a cause of concern (AI image)

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