
US President threatens to impose 25% tax on India
Threatened to impose tariffs.
Speaking to reporters, President Donald Trump said that India would have to pay a 25 percent tariff if it did not make a trade deal.
Trump said that India has been a good friend, but it has basically collected more tariffs than almost all countries.
President Trump said that a trade deal between the United States and India has not yet been reached.
It should be noted that the US President had announced the imposition of a 26% tariff on Indian products in April, the implementation of which was postponed until July.
Earlier, US President Donald Trump had also stopped the establishment of a manufacturing plant of the car manufacturer Tesla in India.
Trump also warned Apple that if the company did not manufacture its iPhones in the United States, it would face a 25 percent tariff.
Trump said that we expect iPhones sold in the United States to be manufactured on American soil, not in India or anywhere else, if this does not happen, then Apple will have to pay at least a 25 percent tariff in the United States.