Trump’s 50% Tariffs on Indian Goods: Is it “Economic Blackmail”?
Former Congress President Rahul Gandhi has strongly condemned the announcement of additional tariffs by then-President Donald Trump on certain Indian goods. He characterized the move as “economic blackmail” and an attempt to bully India.
Tariffs Set to Increase to 50%
The proposed tariffs, slated to come into effect within 21 days of the announcement, would see import duties on select Indian products rise to a staggering 50%. This sharp increase has sparked concerns about the potential impact on Indian businesses and the broader trade relationship between the two countries.
Gandhi Accuses Trump of Bullying Tactics
Gandhi’s statement directly accuses Trump of using economic pressure to coerce India. He framed the tariffs as a deliberate act of intimidation, designed to force India’s hand on unspecified trade issues. This strong rhetoric reflects the escalating tensions between the two nations over trade.