Core Viewpoint - U.S. President Donald Trump has criticized India's trade practices, labeling the trade relationship as "a totally one sided disaster" and highlighting the imposition of high tariffs on U.S. exports while India continues to purchase oil and arms from Russia [1][2][3]. Trade Relations - Trump stated that India had offered to cut tariffs to zero but criticized the timing of this offer, suggesting it should have been made years ago [2]. - The U.S. has imposed a 50% tariff on Indian exports, including a secondary duty of 25% for purchasing Russian oil, which India has deemed "unfair, unjustified and unreasonable" [2][5]. - Data from the World Trade Organization indicates that India imposed an average tariff of 6.2% on U.S. imports in 2024, while the U.S. levied an average of 2.4% on Indian goods [3]. Diplomatic Context - U.S.-India relations have deteriorated recently, reversing over two decades of improving ties, particularly due to India's imports of Russian oil [4]. - India's foreign ministry has pointed out the hypocrisy of nations criticizing India while engaging in trade with Russia themselves [5]. - The recent meeting between Indian Prime Minister Modi and Chinese President Xi Jinping at the SCO summit has raised concerns about the implications for U.S. interests in the region [6][7]. Strategic Implications - Experts suggest that improved relations between India and China could benefit both nations, although doubts remain about their potential for close partnership due to historical disputes [7]. - The U.S. is perceived to be losing the narrative in portraying China as the primary troublemaker, which may contribute to a more multipolar global landscape [8].
Trump calls India-U.S. trade relationship 'a totally one sided disaster' after Modi visits China
CNBCยท2025-09-02 01:19