Trump Says India Offered to Cut Its Tariffs to "Nothing"

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Trump Says India Offered to Cut Its Tariffs to "Nothing"

Bloomberg09-02

President Donald Trump said India has offered to cut its tariff rates following the US imposition last week of 50% levies as punishment for its purchases of Russian oil.“They have now offered to cut ...

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Mark6886
·09-02
Not being racist but doing business in India is always a struggle because of their flip flop culture.... and they will also use the pathetic and patience game .... say yes today ... and disappear tomorrow.... rarely honor what they have said or agreed.... it is the Indian culture....
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India was among the first countries to open trade talks with the Trump administration, but its own high tariffs and protectionist policies in sectors such as agriculture and dairy have frustrated US negotiators.India’s Ministry of External Affairs did not respond to a request for comment outside regular office hours and the White House didn’t immediately respond to requests for comment. 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Modi declared Monday that India and Russia share a “special” relationship.Modi has also taken steps to mend ties with China. He held talks with Chinese President Xi Jinping in Tianjin on Sunday at a regional security and economic summit, with both sides pledging to be partners, not rivals. 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