Finally, Trump Bringing Down Indian Tariffs!
United States, Donald Trump has been taking several unexpected and shocking decisions with regard to global operations.;
United States, Donald Trump has been taking several unexpected and shocking decisions with regard to global operations. This got increasingly exposit when he imposed a 50% trade against India, saying that he doesn’t like India buying oil from Russia.
Trump was very adamant about this decision as he did not bend down even to the responses given by the Indian administration and continued on the 50% tariff.
Now the latest development are suggesting that Trump has finally started to slowdown in this regard as he himself confirmed that the tariffs against India would be brought down substantial very soon.
Categorically confirmed that India has reduced the oil purchased trade with Russia, and this would naturally invite him to reduce the tariff that he had imposed against India in the first place.
Well, right now, the tariffs are very high on India because of the Russian oil, and they've stopped doing the Russian oil. It's been reduced very substantially. Yeah, we're going to be bringing the tariffs down. At some point, we're going to be bringing them down, Trump confirmed in his elaborate statement at the White House earlier in the day today.
The 50% tariff that Ground had imposed on India severely affected the seafood, export and other crucial commodity export operation in India. It is good to see the United States president finally realise what is happening and vowing to reduce the tariffs.