Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Where Does Penn State Rank in the Big Ten Coaching Hierarchy?

    Chiefs are ‘chasing history again,’ Nick is not convinced over 49ers, Colts’ records in Week 8 Tiers | First Things First

    Which Teams Dominate the Best World Series Runners-Up Since 2000?

    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram Pinterest VKontakte
    Sg Latest NewsSg Latest News
    • Home
    • Politics
    • Business
    • Technology
    • Entertainment
    • Health
    • Sports
    Sg Latest NewsSg Latest News
    Home»Politics»Trump calls India-U.S. trade relationship ‘a totally one sided disaster’
    Politics

    Trump calls India-U.S. trade relationship ‘a totally one sided disaster’

    AdminBy AdminNo Comments4 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    WASHINGTON, DC – AUGUST 26: U.S. President Donald Trump calls on a reporter during a cabinet meeting with members of his administration in the Cabinet Room of the White House on August 26, 2025 in Washington, DC. This is the seventh cabinet meeting of Trump’s second term. (Photo by Chip Somodevilla/Getty Images)

    Chip Somodevilla | Getty Images News | Getty Images

    U.S. President Donald Trump on Monday doubled down on his criticism of India, calling trade ties with the country “a totally one sided disaster!” after Indian Prime Minister Narendra Modi visited China to attend the Shanghai Cooperation Organization summit.

    Trump in a post on Truth Social also said that India had offered to cut its tariffs to zero, but it was “getting late,” and that the country should have done so “years ago,” without elaborating on when such an offer was made.

    This comes against the backdrop of the U.S. imposing 50% tariffs on the country, including secondary duties of 25% last month for purchasing Russian oil, which India has called “unfair, unjustified and unreasonable.”

    Trump reiterated that India was buying oil and arms from Russia, and accused New Delhi of selling the U.S. “massive amounts of goods,” but imposing high tariffs on U.S. exports to India.

    “The reason is that India has charged us, until now, such high Tariffs, the most of any country, that our businesses are unable to sell into India. It has been a totally one sided disaster!” he wrote.

    Data from the World Trade Organization shows that India imposed a 6.2% average tariff on U.S. imports into the country in 2024, on a trade-weighted basis, while U.S. levied 2.4% on Indian goods. The trade-weighted average is the average rate of duty per imported value unit.

    Chinese President Xi Jinping meets with Indian Prime Minister Narendra Modi in Tianjin, north China, Aug. 31, 2025. Modi is in China to attend the Shanghai Cooperation Organization SCO Summit 2025.

    Xinhua News Agency | Xinhua News Agency | Getty Images

    The U.S.-India relations have soured over the past couple of months, upending more than two decades of improving ties, with several U.S. officials increasing their criticism of New Delhi over its Russian oil imports. India has called out the U.S. and European Union for their trade with Russia, while targeting New Delhi.

    India’s foreign ministry last month said “it is revealing that the very nations criticizing India are themselves indulging in trade with Russia. Unlike our case, such trade is not even a vital national compulsion [for them].”

    Back in May, India had reportedly offered a “zero-for-zero” tariff deal on steel, auto components and pharmaceuticals on a reciprocal basis, up to a certain quantity of imports. However, both New Delhi and Washington failed to come to a trade deal, leading Trump to impose 50% tariffs on Indian exports.

    India’s Modi met Chinese President Xi Jinping at the SCO summit in Tianjin held between between Aug. 31 and Sept. 1, with both sides affirming the importance of being partners, not rivals.

    U.S. Treasury Secretary Scott Bessent on Monday played down the idea that U.S. tariffs were bringing countries like China and India closer together, describing the SCO summit as “performative,” according to Reuters.

    Experts have said that the improving relations between New Delhi and Beijing would benefit the two countries, but have cast doubt over them becoming close partners due to long-standing disputes.

    “The improvement of relations with India is a big deal. It allows India to access highly critical intellectual property that it needs if it is to industrialize and boost manufacturing,” Marko Papic, chief strategist, GeoMacro Strategy BCA Access, said in an email.

    “But, over the long term, the U.S. is losing the propaganda battle to paint China as the trouble-maker-in-chief. And that only further ossifies multipolarity,” he said.

    — CNBC’s Evelyn Cheng contributed to this report.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Admin
    • Website

    Related Posts

    Applied Digital signs $5 billion AI infrastructure lease with hyperscaler

    ‘Man deported under ‘one in, one out’ scheme returns to UK in small boat | Politics News

    Gold extends Tuesday’s tumble; stocks mostly lower as Netflix falls

    Google says it has developed landmark quantum computing algorithm

    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    Judge reverses Trump administration’s cuts of billions of dollars to Harvard University

    Prabowo jets to meet Xi in China after deadly Indonesia protests

    This HP laptop with an astonishing 32GB of RAM is just $261

    Top Reviews
    9.1

    Review: Mi 10 Mobile with Qualcomm Snapdragon 870 Mobile Platform

    By Admin
    8.9

    Comparison of Mobile Phone Providers: 4G Connectivity & Speed

    By Admin
    8.9

    Which LED Lights for Nail Salon Safe? Comparison of Major Brands

    By Admin
    Sg Latest News
    Facebook X (Twitter) Instagram Pinterest Vimeo YouTube
    • Get In Touch
    © 2025 SglatestNews. All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.