Longtime American allies have been targeted by US tariffs. US President Donald Trump has said he will impose tariffs of at least 25 percent on India over its trade relations with Russia. India buys much of its military equipment from Russia and, along with China, is the largest buyer of Russian energy, Trump said on his Truth Social platform. This comes at a time when the whole world wants Russia to stop the killings in Ukraine. Moreover, India's tariffs are very high.
"I don't care what India does to Russia. As far as I'm concerned, they can destroy their dead economies together ," Trump wrote on Truth Social.
"We have done very little trade with India, their tariffs are very high, among the highest in the world. Likewise, Russia and the US do almost no trade with each other. Let's leave it at that."
Trump confirmed this belief in a press conference.
“We are negotiating now. And it is also BRICS. They have BRICS, which is basically a group of countries that are against the United States, and India is a member of it, can you believe it. It is an attack on the dollar, and we will not allow anyone to attack the dollar. So it is partly BRICS and it is partly the trade situation, it is the deficit. We have a tremendous deficit. And as you know, the Indian Prime Minister is a friend of mine, but they do not do much business with us. They sell us a lot, but we do not buy from them. Do you know why? Because the tariff is so high, they have one of the highest tariffs in the world. Now they are willing to lower it very significantly. But we will see what happens, we are talking to India now,” declared Donald Trump, President of the United States.
President Donald Trump announced that the United States will impose a 15% tariff on imports from South Korea, as part of a deal that eases tensions with a top-10 trading partner and key Asian ally. Imports from South Korea, a major exporter of computer chips, cars and steel, faced a 25% tariff before Wednesday's last-minute deal.
The negotiations were an early test for South Korean President Lee Jae-Myung, who took office in June after a snap election. He said the deal had eliminated uncertainty in the export environment and brought U.S. tariffs lower or in line with major competitors. (A2 Televizion)
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