Know why the US President Donald Trump looks angry to India?
Friday - June 28, 2019 4:28 pm ,
Category : WTN SPECIAL
The US President Donald Trump 'upsets' from India on the pretext of tariff duty!
Modi Government’s policies of 'national interest' tease the US President Trump
JUNE 28 (WTN) - Everyone knows that the US President Donald Trump gets angry very quickly. From time to time, his statements and tweets explain that he is angry. Although, these days, Donald Trump is angry with India, and he expresses his tantrums by tweeting regularly. Trump again resented India by a tweet before the meeting with Indian Prime Minister Narendra Modi at the G20 summit in Osaka, Japan. In this tweet Trump accused India of charging more tariffs.
This is not the first time when the US President Trump has expressed anger over India on tariff charges, even before that he has often called India a 'Tariff King'. But what is the reason that President of a powerful country like America is so angry on the tariff imposed by India. Actually, the only reason for Trump's displeasure is not the tariff charge imposed by India, but it is anything else. According to information received from the media, Trump is teased with India for some other reasons rather than the issue of tariff, so he keeps expressing his heartburn on the pretext of the tariff.
For your information, let you know that the real fact is that India is charging very little import duty on the goods fixed in the WTO. The tariff duty in the WTO is more than 40 per cent, but the average import duty on industrial products is only 10.2 per cent in India. According to the information, however, India charges more on import of certain items.
For example, India imposes 150 per cent tariff on liquor and 75 per cent on auto mobile, but countries like Japan and South Korea impose even higher tariff as compared to India. Japan on liquor constitutes 736 per cent and South Korea imposes 807 per cent tariff. The US itself imposes 300 per cent tariff on alcohol.
If India is compared in the average import duty with other developing countries, then it is almost equal. On average, India imposes 13.8 per cent tariff, while South Korea and Argentina charge 13.7 per cent and Brazil 13.4 percent. By the way, if India is charging more taxes on some of the US goods, then the United States imposes a lot of duty on the import of many Indian products.
Indeed, the US President Trump is angry with India or says that the reason for his teasing is other. According to the experts, one of the reasons of Trump's being upset is the fact that India sells more than what America buys. In the year 2018, the trade between the two countries was $ 142.1 billion, in which India's trade was surplus with $ 24.2 billion.
There are other reasons for Trump's resentment as well, such as the new e-commerce rules for foreign investors in India and the need to store data in India, because of these rules in India American companies, earning substantial profits, will face the challenge. In such a case, in the name of protecting the interests of American companies, Trump has expressed anguish against India.
Apart from the tariff, there are many other reasons, due to which the American President Trump is said to be angry with India. But the decisions that the Modi Government has taken are in the national interest, it does not seem that Prime Minister Modi will withdraw his Government's decisions under any pressure. On the US pressures on S-400 deal with Russia, India has cleared to the United States that India will do what is in the national interest. The US President Trump is angry, because the Modi government’s policies of the Indian interest, but it does not seem to be that the Modi Government will bow down under any pressure before Trump.
JUNE 28 (WTN) - Everyone knows that the US President Donald Trump gets angry very quickly. From time to time, his statements and tweets explain that he is angry. Although, these days, Donald Trump is angry with India, and he expresses his tantrums by tweeting regularly. Trump again resented India by a tweet before the meeting with Indian Prime Minister Narendra Modi at the G20 summit in Osaka, Japan. In this tweet Trump accused India of charging more tariffs.
This is not the first time when the US President Trump has expressed anger over India on tariff charges, even before that he has often called India a 'Tariff King'. But what is the reason that President of a powerful country like America is so angry on the tariff imposed by India. Actually, the only reason for Trump's displeasure is not the tariff charge imposed by India, but it is anything else. According to information received from the media, Trump is teased with India for some other reasons rather than the issue of tariff, so he keeps expressing his heartburn on the pretext of the tariff.
For your information, let you know that the real fact is that India is charging very little import duty on the goods fixed in the WTO. The tariff duty in the WTO is more than 40 per cent, but the average import duty on industrial products is only 10.2 per cent in India. According to the information, however, India charges more on import of certain items.
For example, India imposes 150 per cent tariff on liquor and 75 per cent on auto mobile, but countries like Japan and South Korea impose even higher tariff as compared to India. Japan on liquor constitutes 736 per cent and South Korea imposes 807 per cent tariff. The US itself imposes 300 per cent tariff on alcohol.
If India is compared in the average import duty with other developing countries, then it is almost equal. On average, India imposes 13.8 per cent tariff, while South Korea and Argentina charge 13.7 per cent and Brazil 13.4 percent. By the way, if India is charging more taxes on some of the US goods, then the United States imposes a lot of duty on the import of many Indian products.
Indeed, the US President Trump is angry with India or says that the reason for his teasing is other. According to the experts, one of the reasons of Trump's being upset is the fact that India sells more than what America buys. In the year 2018, the trade between the two countries was $ 142.1 billion, in which India's trade was surplus with $ 24.2 billion.
There are other reasons for Trump's resentment as well, such as the new e-commerce rules for foreign investors in India and the need to store data in India, because of these rules in India American companies, earning substantial profits, will face the challenge. In such a case, in the name of protecting the interests of American companies, Trump has expressed anguish against India.
Apart from the tariff, there are many other reasons, due to which the American President Trump is said to be angry with India. But the decisions that the Modi Government has taken are in the national interest, it does not seem that Prime Minister Modi will withdraw his Government's decisions under any pressure. On the US pressures on S-400 deal with Russia, India has cleared to the United States that India will do what is in the national interest. The US President Trump is angry, because the Modi government’s policies of the Indian interest, but it does not seem to be that the Modi Government will bow down under any pressure before Trump.
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