Business Standard

Thursday, December 19, 2024 | 02:13 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Oil prices rise 1% as tensions in West Asia heighten supply concerns

While the US imposes minimal tariffs on imports, countries like China and Brazil place hefty charges on American goods, but India surpasses all, says Donald TrumpWhile the US imposes minimal tariffs o

Image

Testing AuthorMichael Brown Pune

Listen to This Article

Former US President Donald Trump, who is campaigning for another term in the White House, promised to introduce a system of "reciprocal tariffs" if re-elected. In an economic policy speech in Detroit on Thursday, the Republican candidate singled out India, claiming it imposes some of the highest tariffs on foreign goods among major global economies.
This is not the first time Trump has criticised India for its tariffs. Just last month, he called the nation a "big abuser" of US trade relations.
 
"Perhaps the most important element of my plan to make America extraordinarily wealthy again is reciprocity," Trump said, outlining his strategy for addressing trade imbalances. He claimed that while the US imposes minimal tariffs on imports, countries like China and Brazil place hefty charges on American goods. However, Trump asserted that India surpasses all others in terms of high tariffs.
 
 

Modi 'great leader', but India a 'big charger': Trump

"India is a very big charger," Trump said. While he praised Modi as a "great leader" who has done a commendable job in leading India, he criticised India's trade practices.
"They probably charge as much, if not more than China," Trump said, adding, "But they do it with a smile."
Trump referenced his earlier interactions with Harley-Davidson, the iconic American motorcycle manufacturer, to highlight India’s high tariffs. During his presidency, Trump said Harley-Davidson executives informed him of the 100 per cent tariff imposed on their motorcycles by India. Despite the challenges, Harley-Davidson eventually set up production facilities in India to sidestep the taxes and operate more freely in the country.

India a 'big abuser' of India-US ties: Trump

In September, Trump labelled India as a “big abuser” in its trade relationship with the US. These remarks were made ahead of Modi’s visit to the US for the Quad summit, a diplomatic meeting involving India, the US, Japan, and Australia. While Trump continued to praise Modi personally, calling him a "fantastic" leader, he has also consistently criticised India’s tariffs.
 
Trump and Modi have shared a cordial relationship over the years. Trump’s 2020 visit to India saw him welcomed with fanfare at the Motera stadium in Gujarat, the world’s largest cricket stadium. In return, during Modi’s 2019 visit to the US, Trump joined the Indian Prime Minister at the "Howdy Modi!" event in Texas, showcasing their camaraderie on the global stage.
Despite this friendship, Trump’s criticisms of India’s tariffs have been persistent. In his Detroit address, Trump described Modi as “the nicest human being” with a serious demeanour and also as “a total killer” in reference to his leadership style. He has referred to Modi as "fantastic" and “a friend of mine.”
Player Name Base Price (BP)
Emma Buckley (IRE) 10L
Yu Kudo (JPN) 10L
Miriam Pritchard (GBR) 10L
Elena Sotgiu (BEL) 10L
Rachael Anne Lynch (AUS) 10L
Zoe Elizabeth Newman (AUS) 10L
Aditi Maheshwari 10L
Olivia Shannon (NZ) 10L
Mariah Williams (AUS) 10L
Teresa Lima Cortes (ESP) 10L
Milagros Fernandez Ladra (ARG) 10L
Alice Elsiemaie Arnott (AUS) 10L
Delfina Merino (ARG) 10L
Sophie Charlotte Bray (GBR) 10L
Maria Victoria Granatto (ARG) 10L
Grace Carmel Stewart (AUS) 10L
Elena Sian Rayer (GBR) 10L
Lalita 10L
Savita 10L
Sanjana Horo 2L
Grace Sarenne Balsdon (GBR) 10L
Maria Adorno (ARG) 10L
Ashley Joy Hoffman (USA) 10L
Lalthantluangi 2L
Ropni Kumari 10L
Anjna Dungdung 10L
Gurjit Kaur 10L
Cecile Pieper (GER) 10L
Sarah Louise Jones (GBR) 10L
Margot Van Geffen (NED) 10L
Laia Vidosa Artigas (ESP) 10L
Greta Megan Hayes (AUS) 10L
Fiona Crackles (GBR) 10L
Monika 2L
Thounaojam Nirupama Devi 2L
Puja Sahoo 2L
F. Lalbiaksiami 2L
Priyanka Yadav 2L
Kshetrimayum Sonia Devi 2L
Ashwini Panjab Kolekar 2L
Niru Kullu 2L
Anisha Sahu 2L
Supriya Kujur 2L
Mamita Oram 2L
Nirali Kujur 2L
Yamuna S 2L
Dechamma P G 2L
Rajni Kerketta 2L
Nisha Minj 2L
Pawanpreet Kaur 2L
Jaisikdeep Kaur 2L
Priyanka Dogra 10L
Ritu Rani 10L
Mahima Tete 10L
Mariana Kujur 5L
Shivani Singh Saini 5L
Yogita Verma 5L
Sunita Lakra 5L
Shikha 5L
Shashi Chaturvedi 5L
Sapna Bhengra 5L
Ritika Mann 5L
Reema Baxla 5L
Reshma Soreng 5L
Philippa Kelsey Morgan (AUS) 5L
Sujata Kujur 5L
Deepali 5L
Nikita Toppo 5L
Nilam Kachhap 5L
Subila Tirkey 5L
Roshni Pandey 5L
Thoudam Suman Devi 5L
Emma Rainey (NZ) 5L
Lily Owsley (GBR) 5L
Commerford Kalindi (AUS) 5L
Sophie Louise Hamilton (GBR) 5L
Maho Segawa (JPN) 5L
Nikki Kullu 5L
Soniya Kumre 5L
Sushmita Panna 5L
Albela Rani Toppo 5L
Vartika Rawat 5L
Taranpreet Kaur Sohi 5L
Shilpi Pal 5L
Pramodni Lakra 5L
Agueda Moroni Melgarejo (ARG) 5L
Hannah Cotter (NZ) 5L
Jyoti 5L
Pinki Bilor 5L
Yogita Bali 5L
Yashika Bhadoriya 5L
Ramya Kurmapu 5L
Pramila Kumari 5L
Swati 5L
Sabbie Heesh (GBR) 5L
Anita 5L
Jaspreet Kaur 5L
Dewgi Kandir 5L
Lily 5L
Asmita Barla 5L
Khusbu Kujur 5L
Manpreet Kaur 5L
Lalhlunmawii Hlunte 5L
Poonam Mundu 5L
Nisha Dadel 5L
Pooja Nagle 5L
Palak Gupta 5L
Pratibha Arya 5L
Rojita Kujur 5L
Ritanya Sahu 5L
Premita Bara 5L
Lisa Schneider (GER) 5L
Maddison Dowe (NZ) 5L
Kendelle Tait (AUS) 5L
Lily Mae Walker (GBR) 5L
Alexandra Malzer (GBR) 5L
Janhabi Pradhan 5L
Hritika Singh 5L
Bhumiksha Sahu 5L
Dipti Lakra 5L
Aanchal Sahu 5L
Dipi Monika Toppo 5L
Beena Pandey 5L
Priyanka 5L
Neha Toppo 5L
Mamoni Biswas 5L
Navdeep Kaur 2L
Nishi Yadav 2L
 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 11 2024 | 4:40 PM IST

Explore News Home