29Photo4Video© hindustantimes.comTrump targets India again, calls trade 'one-sided disaster'; makes big tariff claim
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US President Donald Trump's BIG statement after PM Modi meets Xi, Putin. The US President said the India-US trade relationship "has been a totally one sided disaster."
In a post on Truth Social, Trump wrote, "What few people understand is that we do very little business with India, but they do a tremendous amount of business with us. In other words, they sell us massive amounts of goods, their biggest "client," but we sell them very little - Until now a totally one sided relationship, and it has been for many decades.
The reason is that India has charged us, until now, such high Tariffs, the most of any country, that our businesses are unable to sell into India. It has been a totally one sided disaster! Also, India buys most of its oil and military products from Russia, very little from the U.S. They have now offered to cut their Tariffs to nothing, but it's getting late. They should have done so years ago.
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“ It has been a totally one-sided disaster! Also, India buys most of its oil and military products from Russia, very little from the U.S. They have now offered to cut their Tariffs to nothing, but it's…
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“ What few people understand is that we do very little business with India, but they do a tremendous amount of business with us.
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“ They have now offered to cut their tariffs to nothing, but it’s getting late. They should have done so years ago,
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“ They'd send it in, pour it into our country. Therefore, it wouldn't be made here, which is a negative, but we would not send in anything because they were charging us 100% tariffs,
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“ No, we get along with India very well,
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“ We get along with India very well. But India, for many years, it was a one-sided relationship... India was charging us tremendous tariffs. They were the highest in the world... And we, therefore, were…
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“ India sells to us, its biggest client, massive amounts of goods, but we sell them very little -- until now a totally one-sided relationship, and it has been for many decades,
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“ They have now offered to cut their tariffs to nothing, but it’s getting late. They should have done so years ago. Just some simple facts for people to ponder!!!
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