By Admin 
Trump Tariff: President Donald Trump held a press conference 3 hours after the US Supreme Court’s decision to cancel the tariffs. During this he said that there will be no change in the trade deal with India. Trump said that India will continue to pay the already decided tariff on it, while America will not give any tariff. Under the trade deal between America and India, America had said to impose a tariff of 18 percent on the import of Indian goods, which is less than the 50 percent tariff imposed earlier.
However, the interesting thing here is that after the US Supreme Court considered the tariffs imposed by Trump as illegal, what Trump said about India seems surprising. That too when after the court’s decision, Trump announced a global tariff of 10 percent on the world.
What did Trump say on trade deal with India?
When asked in the press conference about the impact of the Supreme Court’s decision on the trade deal between India and America, Trump said, “Nothing will change.” They will keep paying tariffs and we will not pay tariffs. There was a deal with India to give tariffs and they will continue to give tariffs. It is not like before. I think Prime Minister Modi is a very nice gentleman, a great person in fact, but he is much smarter on America than the people he was against. They were looting us, India, so we made a deal with India. This is a fair deal now and we are not paying them tariffs and they are paying tariffs. We counterattacked a bit.
Will the tariff on India be reduced?
However, meanwhile, there are also reports that after the decision of the Supreme Court, the partners doing trade deals with America will have to face only 10 percent tariff. Even if a higher tariff rate was agreed upon under the earlier deal. In such a situation, this applies to India also.
Meanwhile, quoting a White House official, AFP said in its report that the global tariff of 10 percent is temporary because the Trump administration can adopt legal maneuvers to implement the higher tariff rate already decided.
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Annoyed after the Supreme Court’s decision, Trump took a U-turn and announced 10 percent global tariff.