"India will have to rethink anew": SP MP after Trump announces 25pc tariffs on India

New Delhi [India], July 31 (ANI): Samajwadi Party MP Ram Gopal Yadav on Thursday said that India will have to rethink anew (its bilateral relationship with the US) after President Donald Trump announced 25 per cent tariffs on India. Trump also said India will face additional penalties for purchasing oil from Russia.

Speaking with ANI, Ram Gopal Yadav said, A few days ago, during a press conference, when a journalist asked Trump about PM Modi. He said, Modi is my friend, but I love Pakistan... Trump behaviour towards other countries around the world is as if he were the Raja and others were his praja. No major or powerful country has ever treated other nations this way. India will have to rethink anew.

Earlier in the day, Congress MP Shashi Tharoor noted the impact of the 25 per cent tariff announced by US President Donald Trump on the Indian economy and termed the matter very serious, which will destroy India trade with America.

On the US President Trump dead economy remark, Congress MP Shashi Tharoor told ANI, It a very serious matter for us... 25, plus an unspecified penalty for our buying oil and gas from Russia, it could take it up to 35-45... There even talk of a 100 penalty, which will destroy our trade with America... The trade negotiations are underway, and there is a possibility that it may come down. If it doesnt, it will damage our exports, because America is a very big market for us...

The Congress leader noted that the US administration has to take into consideration the needs of the Indian government as well.

On the other hand, if their demands are completely unreasonable, our negotiators have every right to resist... America has to understand our needs as well. Our tariffs on America are not that unreasonable. It about 17 average. American goods are not priced competitively enough to sell in the Indian market... (ANI)

Disclaimer: This news article is a direct feed from ANI and has not been edited by the News Nation team. The news agency is solely responsible for its content.