Donald Trump targeted India and Russia in a scathing post on social media. Imposed 25% tariff on Indian imports. Criticised India's trade dealings and defence deals with Russia.
Announced oil partnership with Pakistan. Indian government says it will study its implications and protect national interests.
What did Donald Trump say about India or Russia?
Former US President Donald Trump made controversial remarks about India and Russia in a post on Truth Social. He said:
"It doesn't matter to me, India and Russia together can bring down their dead economies.
The US has done very little trade with India because of high tariffs. Called India's trade barriers "disgusting".
Criticised India's purchase of defence equipment and oil from Russia. Warned former Russian President Dmitry Medvedev to "mind his words".
Tariffs imposed by US on India or Russia
Just a day before his remarks, Trump had: imposed a 25% tariff on imports from India.
imposed a penalty on India's defence deals with Russia. "India's tariffs are among the highest in the world."
Trump's warning to Russia's Medvedev
Trump reacted strongly to Medvedev's statement in which he warned that the US' "ultimatum game" could lead to war.
Trump Accused Medvedev of still behaving like a president and said he was entering "dangerous territory".
India's stand on Russia
India has continued to buy oil and arms from Russia despite Western pressure.
India's defence:
External Affairs Minister Dr S Jaishankar said. India is acting in the best interest of its people.
Europe's problems are not the world's problems, highlighting the double standards of Western countries.
Indian government's response
The Indian Commerce Ministry said: They have "taken note" of Trump's tariff announcement. India and the US are negotiating for a fair and balanced trade deal.
India will always work to protect farmers, MSMEs and national interests.
Trump announces deal with Pakistan
After targeting India, Trump also unveils a new thing Trump said:
The US and Pakistan will work together to develop oil reserves.
"We are now selecting the oil company to lead this partnership."
The announcement of this agreement comes soon after the Pahalgam terror attack, which further deteriorated India-Pakistan relations.
How will this impact BSE Sensex today?
Although this article focuses on political events, such global tensions can affect the stock market, particularly:
- Investor confidence
- Currency exchange rates
- Trade and defense stocks
Stay updated on BSE Sensex Today Live to know how these developments impact Indian
0 Comments