x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   What Are the Implications of Renaming ? | Sanchar Saathi App: The Need for Balance Between Privacy and Security | Empower Divyangjans | Indian Navy synonymous with exceptional courage and determination: PM Modi | ‘Visit India to see Cheetah in all its splendour’ | Focus on enhancing diagnostic accuracy: LG Sinha | DGP visits Basantgarh, reviews ongoing operations | Pak-linked drug racket busted | ACB arrests Patwari, Chowkidar for taking Rs 10,000 bribe | Files chargesheet against AE | NIA Court rejects bail plea of narco-terror accused | ‘Trump didn’t play any role in India-Pak ceasefire’ | Gold falls by Rs 600 | Kashmir shivers, Pulwama records minus 5.6 C | SS Sodhi, president JKRA, elected to Board of Governing Members of National Rifle Association of India | Sant Kabir's message in verse relevant to forge unity: Devyani Rana | LG Kavinder Gupta calls for Equal Opportunities & Barrier-Free Access for Divyangjans | ADG Armed visits JKAP 8th Battalion, Reviews Operational and administrative functioning | Six Day Bharat Darshan Tour of Ramban district Flagged Off by DIG DKR Range | AIIMS Jammu proposes Global Centre for Artificial Intelligence in Healthcare | Court sentences two brothers in 2009 attack case | Three-day national conference NCAAPS-2025 commences at JU | EPFO Srinagar organizes seminar on PMVBRY at Pulwama | Inauguration of futuristic gym and railway club in Jammu Division as part of new initiative | Balbir paid obeisance at Rattan Vansh Devsthan, sought blessings | Traffic Violators will not spare at any cost: ARTO Neeraj Sharma | Back Issues  
 
news details
US President Donald Trump threatens to stop trading with India over high tariffs
6/11/2018 12:43:05 PM
Agencies
Quebec City: American President Donald Trump on Sunday hit out at India for levying tariffs on US goods, while pushing his 'America first' motto. Trump said the US will do whatever is necessary to have fair trade relations with other countries.

“I mean, we have India, where some of the tariffs are 100 per cent. A hundred per cent. And we charge nothing. We can’t do that. And so we are talking to many countries. We’re talking to all countries. And it’s going to stop. Or we’ll stop trading with them. And that’s a very profitable answer if we have to do it,” said Trump at the White House press briefing on G7 summit.

Trump's reaction to India came while he was discussing how the tariffs affect his country`s exports, particularly in the agricultural sector and the farmers. Tariffs are going to come way down because people cannot continue to do that. We’re like the piggybank that everybody is robbing. And that ends,” said Trump.

Earlier this year, Trump had slammed India over high import tariffs on Harley-Davidson bikes, calling it "unfair", even as New Delhi slashed customs duty on imported motorcycles from high-end brands to 50 per cent.

He said the recent decision of the Indian government to reduce the tariff from 75 per cent to 50 per cent was not enough and asked that it should be reciprocal, as the US imposes "zero tax" on the import of motorcycles.

The US President had also referred to a conversation he had with Prime Minister Narendra Modi, calling him a "beautiful man".

"And a great gentleman called me from India and he said, we have just reduced the tariff on motorcycles, reduced it down to 50 per cent from 75, and even 100 per cent," he said.

Earlier in the day, Trump also hit out at Canada for imposing tariffs.

In a series of back to back tweets, the US President accused Canadian Prime Minister Justin Trudeau of making "false statements" and said refused to endorse the G7 communique.

"Based on Justin`s false statements at his news conference, and the fact that Canada is charging massive Tariffs to our US farmers, workers and companies, I have instructed our US Reps not to endorse the Communique as we look at tariffs on automobiles flooding the US Market!," he tweeted on Saturday.

In a second tweet, Trump said: "PM Justin Trudeau of Canada acted so meek and mild during our G7 meetings only to give a news conference after I left saying that, `US Tariffs were kind of insulting` and he `will not be pushed around`. Very dishonest and weak. Our tariffs are in response to his of 270 per cent on dairy!"

The US President has been pitching for a "reciprocal tax" on countries that he feels "abuse" their trade relationships with the US.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU