Washington, July 9: United States President Donald Trump on Tuesday hinted at escalating the trade war with India, stating that his administration would no longer accept the high rate of tariffs being levied on American products by New Delhi. Trump Says China's Xi Jinping Open to 'Historic' Trade Deal
Trump's tirade comes days after he held talks with Indian Prime Minister Narendra Modi at the sidelines of G20 Summit in Japan's Osaka. Trade was one of the important subject of the delegation-level dialogue between the two leaders.
Expressing his anguish against India for not adjusting its imports market in accordance to the free-trade norms demanded by the US, Trump said the status quo would no longer continue.
"India has long had a field day putting Tariffs on American products. No longer acceptable," he said.
Read President Trump's Tweet Here:
India has long had a field day putting Tariffs on American products. No longer acceptable!
— Donald J. Trump (@realDonaldTrump) July 9, 2019
The Indo-US trade war erupted last year, when the Trump regime imposed tariffs on aluminium and steel imported from New Delhi.
Though the move did not elicit a counter-measure, India was finally compelled to impose retaliatory tariffs after the US government imposed duties on Indian imports worth nearly $6.35 billion in May.
In June, the Indian government slapped tariffs on as many as 35 imported American goods, including apples, almonds and walnut. The move is expected to surge Indian revenue from US imports by nearly $220 million.