By Admin 
India US Trade: US President Donald Trump has expressed hope for the Indo-US trade talks and praised the leadership of Prime Minister Narendra Modi. During the swearing -in ceremony of American Attorney Elina Habba in New Jersey, Trump described PM Modi as a very clever person ‘and’ great friend ‘. He said that PM Modi had recently come to America and friendship between the two countries has been formed for a long time.
President Trump said that India is one of the highest tariffs in the world. He also said that Prime Minister Modi is a very skilled leader and he is very hopeful about America’s relations with India. Trump expressed confidence that positive results will be revealed regarding the business agreement between the two countries.
Announcement of 25 percent tariff
In an important policy announcement from the Oval office on Thursday (March 27), Trump announced 25 percent tariff on imported vehicles in America. This tariff will be applicable from April 2 and will affect about half of all the vehicles sold in the US. According to Trump, this decision has been taken to promote domestic manufacturing.
Target on India over trade policies
The US President had earlier targeted India’s trade policies earlier. He had said that India’s tariffs are the highest in the world and make it difficult to do business. In February, Trump announced that the US would soon impose mutual tariffs on countries like India and China. He had said that if a country imposes tariff on America, then America will also adopt the same policy.
Special objection to automobile tariff
Trump specifically questioned India’s automobile tariff. He said that India imposes more than 100 percent tariffs on imported vehicles from America which is unfair. Addressing the joint session of the US Congress, Trump clarified that it will be implemented from April 2. He said that America has been harmed by other countries for decades, but now it will not tolerate it any more.