logo
#

Latest news with #Modi!"

'India paying price for Modi's friendship': Congress on Trump imposing 25% tariff; claims 'foreign policy has failed'
'India paying price for Modi's friendship': Congress on Trump imposing 25% tariff; claims 'foreign policy has failed'

Time of India

time30-07-2025

  • Business
  • Time of India

'India paying price for Modi's friendship': Congress on Trump imposing 25% tariff; claims 'foreign policy has failed'

PM Narendra Modi and US President Trump NEW DELHI: The Congress party lashed out at the BJP-led central government minutes after US president Donald Trump imposed a 25 per cent tariff on India, saying the "country is now bearing the cost of Narendra Modi's 'friendship'". The party said Trump imposed tariffs on India despite PM Modi campaigning for the US Presdient. The BJP's rival party was referring to the "Howdy, Modi!" event held in Texas in September 2019. "Trump slapped a 25% tariff on India, along with a penalty. The country is now bearing the cost of Narendra Modi's 'friendship'. Modi campaigned for Trump, hugged him eagerly, posed for photos, and made it trend on social media. In the end, Trump still imposed tariffs on India. India's foreign policy has completely failed," the party said. Trump on Wednesday announced that India will have to pay 25 per cent tariff from August 1. Trump also said that India will have to pay an additional penalty for buying energy and arms from Russia. The 25% tariff rate announced for India is 1% less than the 26% declared by Trump in his April 2 'Liberation Day' conference. "Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country," Trump said in a post on Truth Social. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 15 Most Beautiful Women Ever Today's NYC Undo by Taboola by Taboola "Also, they have always bought a vast majority of their military equipment from Russia, and are Russia's largest buyer of ENERGY, along with China, at a time when everyone wants Russia to STOP THE KILLING IN UKRAINE — ALL THINGS NOT GOOD! INDIA WILL THEREFORE BE PAYING A TARIFF OF 25%, PLUS A PENALTY FOR THE ABOVE, STARTING ON AUGUST FIRST. THANK YOU FOR YOUR ATTENTION TO THIS MATTER. MAGA!" he said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store