India wants to have trade deal with US to avoid tariffs |
US president Donald Trump said that India wants to have a trade deal with the US because it does not want him to impose tariffs on their products. Trump`s remarks, for the second time in recent weeks, comes days after assistant US trade representative Mark Linscott returned from India where he had detailed discussion with senior Indian officials on bilateral trade and a possible trade deal between the two countries. Trump often accuses India of imposing 100 per cent tariffs on American products. Trump referred to India in the context of his repeated allegation that other countries have been taking advantage of America in the past. Trump in early this month had said India wanted a trade deal with the US despite the US administration`s tough stance on the issue. Trump said Indians charge US 60 per cent tariff on a product. And for the same product when they send it in America, US charges them nothing. So now the US wants to charge them 25 per cent or 20 or 10 or something. Trump told the crowd that he is using India just as an example. The president said he can give example of other countries which are “brutal” to what they do with the United States.
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