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		<title>After America, this country imposed 50 percent tariff on India, know on which things it will be imposed, here is the list</title>
		<link>https://fastnewsglobe.com/after-america-this-country-imposed-50-percent-tariff-on-india-know-on-which-things-it-will-be-imposed-here-is-the-list/</link>
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		<pubDate>Fri, 12 Dec 2025 03:54:56 +0000</pubDate>
				<category><![CDATA[World News]]></category>
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					<description><![CDATA[<p>After America, now Mexico has also given a big blow to India. Mexico&#8217;s Parliament has...</p>
<p>The post <a href="https://fastnewsglobe.com/after-america-this-country-imposed-50-percent-tariff-on-india-know-on-which-things-it-will-be-imposed-here-is-the-list/">After America, this country imposed 50 percent tariff on India, know on which things it will be imposed, here is the list</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
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<p style="text-align: justify;">After America, now Mexico has also given a big blow to India. Mexico&#8217;s Parliament has approved a new bill, under which heavy tariffs ranging from 5% to 50% will be imposed on goods imported from many countries including India, China, Brazil. This law will apply to countries with which Mexico does not have a free trade agreement (FTA)—which includes India. This new fee structure will be applicable from January 1, 2026.</p>
<p style="text-align: justify;"><strong>Mexico Parliament passes high-tariff bill<br /></strong>Both houses of the Mexican Parliament &#8211; the Senate and the lower house &#8211; have approved this bill. President Claudia Sheinbaum introduced it in September, proposing to increase import duties on 1,463 products.</p>
<p style="text-align: justify;"><strong>Which products will be expensive? <br /></strong>The areas where fees have been increased in this law include:</p>
<ul style="text-align: justify;">
<li>vehicle parts</li>
<li>light vehicle</li>
<li>plastic products</li>
<li>toys</li>
<li>clothing and apparel</li>
<li>Furniture</li>
<li>Shoes</li>
<li>ready-made clothes</li>
<li>aluminum products</li>
<li>glassware</li>
</ul>
<p style="text-align: justify;">Tariffs ranging from 5% to 50% can be imposed on all these categories.</p>
<p style="text-align: justify;"><strong>Why impact on India?<br /></strong>India does not have any FTA with Mexico, so this law will directly apply to Indian exports. India was Mexico&#8217;s 9th largest trading partner in the year 2023, and the total bilateral trade between the two countries stood at $10.58 billion. This means that many products sent from India will now become costlier in Mexico, which may affect the competitiveness of Indian companies.</p>
<p style="text-align: justify;"><strong>Biggest impact on China, but India also affected<br /></strong>The government estimates that this move will generate additional revenue of $3.8 billion for Mexico every year. Although the biggest impact will be on China&#8217;s exports, India is also among the major countries which will have to face the brunt of this new law.</p>
<p style="text-align: justify;"><strong>America had also taken a similar step<br /></strong>Earlier in August, America had increased the customs duty on many products imported from India to 50%. Now after Mexico&#8217;s decision, the pressure on Indian trade may increase further.</p>
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<p><a href="https://www.abplive.com/news/world/mexico-slaps-50-percent-tariffs-on-india-after-usa-donald-trump-tariff-3057088" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/after-america-this-country-imposed-50-percent-tariff-on-india-know-on-which-things-it-will-be-imposed-here-is-the-list/">After America, this country imposed 50 percent tariff on India, know on which things it will be imposed, here is the list</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<title>Trump will give bad news for those farmers for whom India stood with its chest in front of America, know what is the whole matter</title>
		<link>https://fastnewsglobe.com/trump-will-give-bad-news-for-those-farmers-for-whom-india-stood-with-its-chest-in-front-of-america-know-what-is-the-whole-matter/</link>
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		<pubDate>Tue, 09 Dec 2025 05:04:31 +0000</pubDate>
				<category><![CDATA[World News]]></category>
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					<description><![CDATA[<p>In America, President Donald Trump has indicated that he is considering imposing new tariffs on...</p>
<p>The post <a href="https://fastnewsglobe.com/trump-will-give-bad-news-for-those-farmers-for-whom-india-stood-with-its-chest-in-front-of-america-know-what-is-the-whole-matter/">Trump will give bad news for those farmers for whom India stood with its chest in front of America, know what is the whole matter</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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										<content:encoded><![CDATA[<p></p>
<div id="article-hstick-inner"> <!-- AI bullet --> <!-- end AI bullet -->  </p>
<p style="text-align: justify;">In America, President Donald Trump has indicated that he is considering imposing new tariffs on many agricultural products including rice coming from India. This statement has come at a time when efforts are being made to take the trade agreement between India and America forward again. The Trump administration believes that India and some other countries are &#8216;dumping cheap agricultural goods&#8217; into the US market, causing losses to local farmers. This news can be a shock for those Indian farmers and exporters, for whom the US market has been the largest global buyer.</p>
<p style="text-align: justify;"><strong>A major reason for stalling of trade deals is the dispute over agricultural imports.<br /></strong>The ongoing trade talks between India and America have been stuck for months and the main reason for this is the dispute over agricultural products. According to the Economic Times report, America wants India to give more space to dairy, meat, soya and agricultural products in its market, while India argues that this will have a deep impact on its small farmers. Due to this, the Trump government has already increased tariffs on many Indian products. Despite several rounds of talks between India and America, the trade agreement has not progressed. The biggest reason for this is disputes related to agriculture and food imports.</p>
<p style="text-align: justify;"><strong>The things on which Trump is adamant-</strong></p>
<p>Entry of GMO crops in India<br />America wants India to allow Genetically Modified (GMO) technology in crops like corn, soybean and wheat. But Indian scientists, farmers&#8217; organizations and policy makers warn that this could lead to the extinction of local crop species, affect biodiversity and have serious health implications in the long run. That is why India still maintains a ban on GMO crops.</p>
<p style="text-align: justify;"><strong>Import of American dairy products<br /></strong>America wants India to allow American milk, cheese, butter and ghee in its market. But India is the largest milk producing country in the world and more than 3 crore small farmers here are dependent on dairy. Apart from this, there is also a big religious and cultural objection &#8211; in America, enzymes made from animal bones are added to the food of cows. India considers it &#8216;non-veg milk&#8217; and there is opposition to it on religious grounds also. </p>
<p style="text-align: justify;"><strong>Demand to reduce import duty on agricultural products<br /></strong>America wants India to reduce taxes on agricultural products like wheat, rice, soybean, corn, apple and grapes, but India keeps high tariffs on these to protect its farmers so that Indian production is not affected by cheap imports.</p>
<p style="text-align: justify;"><strong>India&#8217;s stance &#8211; no compromise with farmers and food security<br /></strong>Despite pressure from many countries including the World Trade Organization (WTO) and America, the Indian government is not in favor of changing its food security policy. Under the Pradhan Mantri Garib Kalyan Anna Yojana, India provides free food grains to 80 crore people. The poverty rate in India was 27% in 2011-12. Which has reduced to 5.3% in 2022-23. Therefore, India argues that agricultural self-reliance and food security are part of the national policy and cannot be changed under foreign pressure.</p>
<p> <!-- input--> </div>
<p><a href="https://www.abplive.com/news/world/donald-trump-india-us-trade-deal-rice-dumping-new-tariff-dairy-sector-indian-farmers-3055518" target="_blank" rel="noopener">Source link </a></p>
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		<title>If Donald Trump had to return the tariff money, how much money will America give to India?</title>
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		<pubDate>Fri, 12 Sep 2025 02:34:46 +0000</pubDate>
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										<content:encoded><![CDATA[<p>If Donald Trump had to return the tariff money, how much money will America give to India?<br />
<br /><a href="https://www.abplive.com/photo-gallery/gk/us-tariff-know-how-much-tariffs-could-be-refunded-by-donald-trump-to-india-if-us-supreme-court-rules-3011027" target="_blank" rel="noopener">Source link </a></p>
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		<title>&#8216;PM Modi has become the enemy of the country&#8217;, what did Mallikarjun Kharge say on Trump&#8217;s tariff?</title>
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		<pubDate>Sun, 07 Sep 2025 14:27:48 +0000</pubDate>
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					<description><![CDATA[<p>Congress national president Mallikarjun Kharge has said a big thing for Prime Minister Modi on...</p>
<p>The post <a href="https://fastnewsglobe.com/pm-modi-has-become-the-enemy-of-the-country-what-did-mallikarjun-kharge-say-on-trumps-tariff/">&#8216;PM Modi has become the enemy of the country&#8217;, what did Mallikarjun Kharge say on Trump&#8217;s tariff?</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<div id="article-hstick-inner">
<p style="text-align: justify;">Congress national president Mallikarjun Kharge has said a big thing for Prime Minister Modi on Sunday (September 7, 2025). Speaking in the context of the tariff imposed by the US on India, Mallikarjun Kharge called Prime Minister Narendra Modi the enemy of the country.</p>
<p>In fact, Congress party national president Mallikarjun Kharge was addressing a press meeting in Kalburgi district of Karnataka state on Sunday (September 7). During this, he claimed that US President Donald Trump and Prime Minister Narendra Modi may be friends, but PM Modi has become the enemy of the country.</p>
<p style="text-align: justify;"><strong>The whole atmosphere of the country has been spoiled- Kharge</strong></p>
<p style="text-align: justify;">Leader of the Opposition in the Rajya Sabha and Congress President Mallikarjun Kharge said, &#8220;PM Modi and Donald Trump can be friends, may be good for each other, as they ask for votes for each other.&#8221; He claimed, &#8216;Modi and Trump have aligned at the cost of India. They have spoiled the atmosphere of the whole country.</p>
<p style="text-align: justify;"><strong>What to say on the influence of American tariff on India</strong><strong>,</strong></p>
<p style="text-align: justify;">Mallikarjun Kharge said on the impact of the tariff imposed by the US on India, &#8216;US President Donald Trump has imposed a huge tariff on India. In addition to 50 percent, he completely ruined our people after tariff. He stressed, &#8216;You walk on your ideology and protect the citizens of the country, because the nation comes first and your friendship comes after that.</p>
<p style="text-align: justify;"><strong>Kharge requested Prime Minister Modi</strong></p>
<p style="text-align: justify;">Apart from this, Congress National President Mallikarjun Kharge requested Prime Minister Narendra Modi that he should understand that India has been following the foreign policy of fairness and negotiations for the last several decades and it should continue to move forward in the same way.</p>
<p><strong>GST</strong><strong>  Kharge said on changes in</strong></p>
<p>On the changes in the Goods and Services Tax (GST) rates, Kharge said that the Congress will welcome any steps to benefit the poor, but he accused the BJP government of harassing people for years. He claimed, &#8216;We raised this issue eight years ago. We had said that if there were two slabs, then the poor people will benefit, but they introduced four to five slabs and looted the people. After the election approached, he faced some problems and amended the GST slab.</p>
<p><strong>We are together on issues of national interest, but will not allow it to be arbitrary- Kharge</strong></p>
<p>Kharge also mentioned Modi&#8217;s earlier claim that no one has entered the Indian territory from China and said that now Modi himself has entered China. The Congress president emphasized that the opposition is united on issues of national interest, but it will not allow Modi to misuse support. He said, &#8216;We are one in the case of the country. It doesn&#8217;t have any message. But this does not mean that because we are supporting you, you should work arbitrarily. We do not believe in this.</p>
<p><strong>Trump is my friend, saying that he spoiled the situation of the country- Kharge</strong></p>
<p>Kharge accused Modi of damaging India&#8217;s international reputation by openly tie up with Trump. He said, &#8216;He spoiled India&#8217;s situation by saying that Trump is my friend and then once Trump.&#8217; Kharge said that if India had continued its non -aligned policy, which he has followed since independence, then such a situation would not have arisen.</p>
<p><strong>Congress will emphasize on which issues in Bihar elections</strong></p>
<p>He listed issues that the Congress is planning to highlight in the upcoming elections in Bihar. The Congress President said, &#8216;We have many issues; Unemployment, law and order, sexual harassment on women &#8230; Dalits and backward are not getting scholarships and farmers are not getting fertilizer. The issue of vote theft is also our main agenda.</p>
<p style="text-align: justify;"><strong>Also read: PM Modi was seen sitting in the last line in BJP&#8217;s workshop, MP Ravi Kishan shared the picture and said this<br /></strong></p>
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		<title>India threatened tariffs and America increased 20 percent business… Why is Trump so confused about Putin?</title>
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		<pubDate>Sun, 17 Aug 2025 06:51:29 +0000</pubDate>
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										<content:encoded><![CDATA[<p></p>
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<p style="text-align: justify;">While US President Donald Trump is showing strictness to countries like India to buy oil and weapons from Russia, the trade between the US and Russia itself has increased by 20%. This was revealed by Russian President Vladimir Putin at the summit in Alaska on 15 August. After Putin&#8217;s statement, resentment is being expressed about the double attitude of the Trump administration in India.</p>
<p style="text-align: justify;"><strong>Putin&#8217;s big disclosure<br /></strong>Putin said, &#8220;Incidentally, when the new administration in America came to power, bilateral trade started growing. It is still very symbolic, yet our growth rate is 20%.&#8221; He also stated that there are immense possibilities in investment, digital, high -tech and space exploration between the US and Russia. This increase has been recorded since Trump returns to the White House in January 2025.</p>
<p style="text-align: justify;"><strong>America&#8217;s tough stance on India</strong><br />Meanwhile, the US has imposed 25% of additional tariffs on India, which will make the total fee 50%. This punitive fee will be applicable from August 27. The US says that it is a matter of concern for India to buy oil and weapons from Russia. However, India has made it clear that its import is completely based on market factors and energy security.</p>
<p style="text-align: justify;"><strong>India&#8217;s displeasure and statement of the Ministry of External Affairs</strong><br />India&#8217;s Foreign Ministry condemned the move and termed it inappropriate. The ministry said that the US has targeted only India&#8217;s oil imports in recent times, while countries like China and European Union (EU) are importing Russian oil on a large scale without any punishment.<br />India says that its aim is to ensure energy security of 1.4 billion people.</p>
<p style="text-align: justify;"><strong>Priyanka Chaturvedi&#8217;s attack</strong><br />Attacking the Trump administration on social media, Shiv Sena (UBT) MP Priyanka Chaturvedi wrote, &#8220;According to Putin, America-Russia has increased by 20%. China&#8217;s share in Russia&#8217;s exports is 32% and 62% of EU. EU&#8217;s LNG imports in 2024 have reached 17.8 million tons. It is bullying. &#8220;</p>
<blockquote class="twitter-tweet" data-media-max-width="560"><p>&#13;</p>
<p dir="ltr" lang="en"><a href="https://t.co/3oEfsqxlaq" rel="nofollow">pic.twitter.com/3Oefsqxlaq</a> <br />Us-russia bilateral gas trade grew by 20% as per putin<br />China Accounts for 32% of Russia&#8217;s Export Market<br />EU&#8217;s 62% Mineral Fuel Import is from Russia<br />Eu&#8217;s LNG importants from Russia Hit a record 17.8 million tonnes in 2024 <br />But guess who is left holding the…</p>
<p>&#8211; Priyanka Chaturvedi<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f1ee-1f1f3.png" alt="🇮🇳" class="wp-smiley" style="height: 1em; max-height: 1em;" /> (@priyankac19) <a href="https://twitter.com/priyankac19/status/1956739146430517528?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">August 16, 2025</a></p></blockquote>
<p style="text-align: justify;"><strong>Alaska Summit and Ukraine issue<br /></strong>Several issues were discussed between Donald Trump and Vladimir Putin at the summit in Alaska. It also included efforts to resolve Ukraine War. However, no consensus could be reached on the ceasefire. Trump said that the conversation was good and many issues agreed, but some big issues remained unresolved.</p>
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		<title>How much salary do Donald Trump take from the White House, how much it is more than PM Modi&#8217;s salary?</title>
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		<pubDate>Thu, 07 Aug 2025 06:33:20 +0000</pubDate>
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					<description><![CDATA[<p>25 percent of the import duty imposed on India by US President Donald Trump will...</p>
<p>The post <a href="https://fastnewsglobe.com/how-much-salary-do-donald-trump-take-from-the-white-house-how-much-it-is-more-than-pm-modis-salary/">How much salary do Donald Trump take from the White House, how much it is more than PM Modi&#8217;s salary?</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;"><span style="font-weight: 400;">25 percent of the import duty imposed on India by US President Donald Trump will be effective today i.e. August 7. There was a five -phase meeting of trade representatives between India and the US, but still the Trump administration has not accepted the proposal of India to reduce tariffs in many sections. Instead, he has said to impose an additional 25 percent tariff on the country from August 27, referring to the trade of India of Russia. In such a situation, a total tariff on India can reach 50 percent. </span></p>
<p style="text-align: justify;"><span style="font-weight: 400;">The maximum impact of this tariff is being seen on the stock market. But have you ever thought about how much salary Donald Trump takes from the White House all over the world and how much it is more than PM Modi&#8217;s salary.</span></p>
<p style="text-align: justify;"><strong>Trump&#8217;s salary</strong></p>
<p style="text-align: justify;"><span style="font-weight: 400;">Donald Trump gets a salary of $ 4,00,000 annually as an US President. Talking according to Indian rupees, this figure is Rs 35,024,420. Not only this, he also gets many types of benefits as an American President. </span></p>
<p style="text-align: justify;"><strong>Apart from salary, what facilities do Trump get?</strong></p>
<p style="text-align: justify;"><span style="font-weight: 400;">US President Donald Trump is given $ 50,000 or 43,78,052 rupees as personal and official duty. At the same time, $ 1 lakh non -taxable allowance is also given for official travel expenses. In different events, $ 19,000 is given to host or give speech. Apart from this, they are given 1 million dollars to maintain a White House. Overall, Donald Trump gets $ 5,69,000 for different expenses.</span></p>
<p style="text-align: justify;"><strong>PM Modi&#8217;s salary</strong></p>
<p style="text-align: justify;"><span style="font-weight: 400;">The PM has many executive rights and apart from this, he is also the head of the government. The President of India appoints him. PM Modi gets Rs 1.66 lakh per month as salary. This includes parliamentary allowance of Rs 45,000, expenditure allowance of Rs 3000, daily allowance of Rs 2000 and basic salary of 50,000. If these other things are removed, then PM Modi gets 50 thousand rupees. </span></p>
<p style="text-align: justify;"><strong>Also read: These are the country&#8217;s first women SPG commandos, know how much salary is available? PM is protecting Modi</strong></p>
<p><strong>Education loan information:</strong><br /><strong>Calculate Education Loan Emi</strong></p>
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		<title>&#8216;It has been only 8 hours now, keep watching what happens&#8217;, Trump said after putting 50 percent tariff on India</title>
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		<pubDate>Thu, 07 Aug 2025 02:56:07 +0000</pubDate>
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					<description><![CDATA[<p>US President Donald Trump has indicated immediately after imposing a baseline tariff up to 50%...</p>
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<p style="text-align: justify;">US President Donald Trump has indicated immediately after imposing a baseline tariff up to 50% on India that the next round of secondary sanction may also start soon. After the announcement of imposing 25% additional tariffs on India 8 hours ago, Trump replied on the question of a journalist and said that it has been only 8 hours. Keep watching what happens… You will get to see many secondary selections.</p>
<p style="text-align: justify;">US President Donald Trump&#8217;s statement has come in terms of buying Russian oil from India. The Trump administration has directly linked it to the funding of Ukraine War and described it as a threat to America&#8217;s national security. When a journalist questioned Trump that China also buys Russian oil, then India was targeted, then Trump gave clear indication that we are considering implementing secondary sanctions on India, such can be implemented on many other countries, among them one can also be one of them.</p>
<p style="text-align: justify;"><strong>  Tariff is already applicable to India</strong><br />US President Donald Trump statement came at a time when he announced 25% of additional tariffs on India, which would be applicable from August 27. Earlier on July 30, 25% tariff was announced, which came into force from 7 August. It is a clear indication that America is now adopting a kind of geopolitical pressure policy, not just a trade war, in which secondary selections can be an important weapon.</p>
<p style="text-align: justify;"><strong>India&#8217;s Status Energy Safety versus global pressure</strong><br />On the matter, the Ministry of External Affairs also clarified that import of crude oil is a market -based decision, which aims to meet the energy needs of 140 crore citizens. Describing the move as an inappropriate, unjust and baseless, India said that many other countries of the world are buying oil from Russia in view of their national interests, so why is India being targeted only? This statement shows that India is not only maintained on its decisions, but is not ready to come under pressure.</p>
<p style="text-align: justify;"><strong>What are secondary selections?</strong><br />Secondary selections are the restrictions that the US imposes on countries, companies or institutions that make commercial or financial transactions with the already banned country (eg Russia, Iran etc.). Their aim is to make the country financially isolated by intimidating the third party. Creating diplomatic pressure and re -establishing American power in global trade. If Trump puts secondary selection on India, then it can have an impact on India&#8217;s oil companies, banks and even shipping industry.</p>
<p style="text-align: justify;"><strong>Also read: The easier it looks, the more it is, the big game in Trump&#8217;s tariff, know what India has options<br /></strong></p>
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		<title>&#8216;I will put a heavy tariff on India in 24 hours&#8217;, Russia landed in support of India and Donald Trump again threatened</title>
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		<pubDate>Tue, 05 Aug 2025 14:17:47 +0000</pubDate>
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					<description><![CDATA[<p>US President Donald Trump made a big announcement on Tuesday (August 5, 2025) and said...</p>
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<p>US President Donald Trump made a big announcement on Tuesday (August 5, 2025) and said that I will put heavy tariffs on India within 24 hours. Describing Russia as war machine, he said that India is giving him fuel. </p>
<p>Trump said in an interview to CNBC, &#8216;India has not been a good business partner because they do a lot of business with us, but we do not do business with them. So we had compromised on 25 percent tariffs, but I think I will increase it a lot in the next 24 hours because they are buying oil from Russia.</p>
<p><strong>Trump threatened again after India&#8217;s reply </strong></p>
<p>This statement of the US President has come at a time when he said a day earlier that he will increase the tariff on India. He had said that India is buying oil from Russia and selling it on profit. On this statement of Trump, India criticized the US and European Union for export of crude oil. </p>
<p><strong>Critic countries also do business with Russia: India</strong></p>
<p>The Ministry of External Affairs said, &#8216;India&#8217;s import is a need due to the status of the global market. The countries criticizing this trade with Russia themselves, while such business is not even a significant obligation.</p>
<p><strong>India responded to America</strong></p>
<p>The Ministry of External Affairs said that the US itself is doing business with Russia. At the same time, on the other hand, India-Russia is raising finger on business. Despite strict sanctions and tariffs last year, the US traded about $ 3.5 billion with Russia. Mea said that the US still imports uranium hexafloride from Russia for its nuclear industry, paladium, fertilizer and chemical for the industry of electric vehicles. </p>
<p><strong>Russia came in support of India </strong></p>
<p>In the midst of Trump&#8217;s tariff threats, Russia said in support of India that no sovereign country can be given the right to choose its business partner and it can be threatened. A Kremlin spokesman said, &#8216;It is illegal to force any country to close trade with Russia. Such pressure against Russia&#8217;s business partners will be understood as a threat.</p>
<p><strong>Also read- &#8216;Do not make pressure on Russia&#8217;s trade partner, we will understand it threat&#8217;, Putin came out in support of India&#8217;s tariff threat</strong></p>
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		<title>Donald Trump Tariff: &#8216;America should not quarrel with India&#8217;, Canada&#8217;s business tikoon gives Warning to Donald Trump</title>
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		<pubDate>Sun, 03 Aug 2025 10:31:34 +0000</pubDate>
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					<description><![CDATA[<p>US President Donald Trump last week announced additional punitive action on imposing 25 per cent...</p>
<p>The post <a href="https://fastnewsglobe.com/donald-trump-tariff-america-should-not-quarrel-with-india-canadas-business-tikoon-gives-warning-to-donald-trump/">Donald Trump Tariff: &#8216;America should not quarrel with India&#8217;, Canada&#8217;s business tikoon gives Warning to Donald Trump</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;">US President Donald Trump last week announced additional punitive action on imposing 25 per cent high tariffs on India and doing business with Russia, causing a stir all over the world. He also said that I do not care what India does with Russia. They can further drop their dead economy. The reaction of Canadian Business Tycoon Kirk Lubimov has come about Trump&#8217;s statement. </p>
<p style="text-align: justify;">Testband company chairman Kirk Lubimov, while criticizing Turmp&#8217;s strategy on Twitter, wrote, &#8216;Trump is now taking the fastest growing economy in the world to fight with India. This is a big geopolitical mistake. Lubimov believes that the importance of India is not only economic, but also to balance China&#8217;s influence in the supply chain. He suggested Trump that he should cooperate with Canada and India instead of controlling India with nail-hills so that global resources can be balanced.</p>
<blockquote class="twitter-tweet"><p>&#13;</p>
<p dir="ltr" lang="en">I&#8217;ve said it before, and i&#8217;ll say it again;</p>
<p>The biggest problem with Donald Trump&#8217;s Tariff approach is that it has zero consider to geopolitical strategy.</p>
<p>Trump is now picking a fight with India, one of the fastest growing economies in the world with prime minister, modi, modi,… <a href="https://t.co/A0I7JNom6w" rel="nofollow">pic.twitter.com/a0i7jnom6w</a></p>
<p>&#8211; kirk lubimov (@kirklubimov) <a href="https://twitter.com/KirkLubimov/status/1951677973100421487?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">August 2, 2025</a></p></blockquote>
<p style="text-align: justify;"><strong>Trump described India as a dead economy</strong></p>
<p style="text-align: justify;">Trump not only described India as a dead economy, but also severely criticized India&#8217;s high tariff policies. He alleged that India imposes the world&#8217;s highest tariff on American goods. America&#8217;s trade with India is limited due to tariffs and restrictions. India&#8217;s trade with Russia weakens the US ban policy. This stance came at a time when India has become the second largest buyer of crude oil from Russia. Earlier this part was less than 1%, which has now exceeded 35%.</p>
<p style="text-align: justify;"><strong>India&#8217;s response- we grow fast economy</strong></p>
<p style="text-align: justify;">The Government of India immediately responded to this statement based on diplomatic and facts. Commerce and Industry Minister Piyush Goyal said in Parliament that India is now the fastest growing major economy in the world and is soon to become the third largest economy in the world. According to Goyal, India&#8217;s contribution to Global GDP is around 16%. The flexible economic policies and structural reforms of the country have made India a global growth engine.</p>
<p style="text-align: justify;"><strong>Also read: Operation Akhal: Encounter continues for 3 days in Kulgam, Jammu and Kashmir, so far 2 terrorists killed; Security forces surrounded 3 terrorists<br /></strong></p>
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		<title>Why is Donald Trump upset with India? America&#8217;s Finance Minister said- &#8216;The tariff deal deliberately &#8230;&#8217;</title>
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		<pubDate>Thu, 31 Jul 2025 18:55:01 +0000</pubDate>
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					<description><![CDATA[<p>US President Donald Trump has announced to impose 25 percent tariff (fee) on India. After...</p>
<p>The post <a href="https://fastnewsglobe.com/why-is-donald-trump-upset-with-india-americas-finance-minister-said-the-tariff-deal-deliberately/">Why is Donald Trump upset with India? America&#8217;s Finance Minister said- &#8216;The tariff deal deliberately &#8230;&#8217;</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;">US President Donald Trump has announced to impose 25 percent tariff (fee) on India. After this, US Finance Minister Scott Besant said on Thursday, July 31 that the Trump administration is &#8220;a little disappointed&#8221; from India. Scott Besant said, &#8220;India came to negotiate initially, but later slowed down things. So the President and his entire business teams are a bit disappointed with India.&#8221; Besant said these things in a conversation with CNBC. He also said that India buys a large amount of banned oil from Russia and reflects it to other countries, which are not being considered a right role globally.</p>
<p style="text-align: justify;"><strong>Trump&#8217;s charge &#8211; India always makes business difficult<br /></strong>Trump said on his social media platform Truth Social on Wednesday (July 30), &#8216;Remember, India is our friend, but we have done very little business with him over the years, because India&#8217;s tariffs are very much. It is the highest in the world and has the most complex and uncomfortable non-monitoring business obstacles. &#8220;</p>
<p>Trump also said that &#8220;India has always been buying most of its military weapons from Russia and it is the biggest customer to buy energy from Russia with China. All this is happening at a time when the whole world is appealing to Russia to stop murder in Ukraine. All these things are not fine. So India will have to pay 25% tariffs from August 1 and also an additional fine.&#8221;</p>
<p style="text-align: justify;"><strong>Expect deals from China<br /></strong>Meanwhile, Scott Besant also said that the US and China are close to a trade agreement. He said, &#8220;I think we have the possibilities of deal.&#8221; However, he admitted that work on some technical points from China remains. I am confident that it will be resolved, but not 100% yet. &#8220;</p>
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<p><a href="https://www.abplive.com/news/world/us-treasury-secretary-scott-bessent-said-whole-trump-trade-team-frustrated-with-india-know-reason-behind-25-percent-tariff-2988589" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/why-is-donald-trump-upset-with-india-americas-finance-minister-said-the-tariff-deal-deliberately/">Why is Donald Trump upset with India? America&#8217;s Finance Minister said- &#8216;The tariff deal deliberately &#8230;&#8217;</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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