Thursday, March 6, 2025
News

"Foolish endeavour", will disturb trade structure: Foreign Affairs experts on Trump's reciprocal tariffs on India

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | March 5, 2025 11:43:33 PM IST
The foreign affairs experts have criticised the decision of Donald Trump administration to impose reciprocal tariffs on India, while pointing that the move is a matter of 'concern' for the whole world and will end up disturbing the trade structure.

Former diplomat KP Fabian, while talking about US President Donald Trump's address during the joint session of US Congress, said on Wednesday that enforcing higher tariffs is a matter of concern for India, as well as the whole world.

Fabian, while talking to ANI, said that the endeavour was 'foolish', as it would bring the trade of the entire world down.

"This (enforcing higher tariffs) should be a matter of concern for India and the whole world... It is a foolish endeavour because other countries will impose tariffs on the United States, and world trade will come down... Inflation has started going up, and the stock market has started going down in the US. Is this his way of making America great again?... He is dismantling the bureaucracy," Fabian told ANI.

Further, talking about Trump's decision of banning transgenders in women's sports, he said, "Transgender is the reality, there is no point in wishing it away or being so cruel to them."

Another Foreign Affairs expert, Robinder Sachdev, also criticised Trump administration's tariff announcement, saying that though Trump's views are "correct in principle", it will disturb the structure of trade.

While speaking to ANI, he said, "In principle, what Trump is saying is correct (about imposing reciprocal tariffs)... But this will disturb the structure of trade... A matter of greater concern for India is the tariff the US could impose on steel and aluminium exports... If it is increased, India's exports could decrease by 30-50 per cent... Trump's strategy is to lower oil prices and reduce transport costs, which can help bring down inflation in the US," he said.

Sachdev referred to Trump's targeting of India's import duties in speech to a joint session of Congress on Tuesday (local time).

Trump specifically targetted India's tariffs on automobile imports saying, "India charges us auto tariffs higher than 100%". While addressing a joint session of the US Congress, Trump said that the reciprocal tax will kick in on April 2.

Speaking about Trump's massive crackdown on illegal immigrants, he said, "There is no doubt that the steps taken by Trump have decreased the rate of Illegal immigrants in the US... American agents are making a full show of arresting illegal immigrants to instil fear in other illegal immigrants and to show the citizens of the US that he is working on his campaign policy."

Over 20,000 undocumented immigrants were arrested during Donald Trump's first month as President, CNN reported, quoting the Department of Homeland Security. The Trump administration launched an immigration crackdown in the moments after his inauguration and publicised daily arrest totals during his first couple of weeks in office. (ANI)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE WORLD NEWS
US charges 12 Chinese contract hackers a...
China unlawfully detains thousands, conv...
Trump administration rejects Gaza recons...
'Request Centre to quickly process and g...
Pak:JSFM condemns brutal state repressio...
Indian student found dead in US; Consula...
More...
 
INDIA WORLD ASIA
Chhattisgarh: Bijapur sees development w...
'We began Winter Yatra to support people...
Maharashtra won't spare person disrespec...
Uttar Pradesh assembly budget session co...
'Reflects party's growing stronghold in ...
AI empowered Portable Handheld X-ray mac...
More...    
 
 Top Stories
Environmental group accuses China o... 
Private vs. Public Health Insurance... 
National Dentist Day: Expert's Advi... 
Solidus Techno Power Pvt. Ltd. Stre... 
"Zero tolerance for crime," UP DGP ... 
"It is RSS's government": Nana Pato... 
ED attaches properties worth Rs 65.... 
MSMEs need to be integrated into la...