Tagged: G20 summit in Japan

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The US President Donald Trump Calls India “Tariff King” And Demands Withdrawal Of Tariff Hike Before The G20 Summit

The US President Donald Trump has put a condition to talk to Prime Minister Narendra Modi on the sidelines of the G20 summit in Japan on Friday.

The US wants India to withdraw the retaliatory tariffs from the 28 US products. These products include almond, apple, pulses, and walnut and the president is quite sensitive to these products because they come from his rural base.

The trade war between the US and India started with former ending trade concessions on June 1 and the latter announcing a hike in tariff on selected goods in retaliation. It is to be noted that the US denied India exemption from higher steel and aluminum tariff. India used to send duty-free goods to the tune of $6 billion annually to the US.

US Secretary of State Mike Pompeo defended the decision of his government and also pressed the need for withdrawal of tariff hike from those 28 US products during his meetings with PM Modi and Foreign Minister S Jaishankar in New Delhi.

The PM Modi and the US President Donald Trump’s meeting on the sidelines of G20 summit … Read the rest