A day after announcing a 25 percent tariff on Indian goods, US President Donald Trump made explosive comments. Regarding India-Russia relations, he said that he is not at all worried about the relationship between New Delhi and Moscow. If these two countries want, they can sink their moribund economies together.
"I don't care what India does with Russia. They can sink their dying economies together if they want - I don't care," Trump wrote on his own social media outlet, Truth Social.
Trump also wrote, "We do very little trade with India. Their tariffs are very high. Similarly, Russia and the United States do almost no trade. Let's keep it that way."
NDTV says Trump is unhappy with Moscow's defense deal with New Delhi. While everyone is talking about stopping Russia's aggression in Ukraine, Trump is angry that India is buying Russian military equipment.
According to a BBC report, analysts believe that Trump's announcement of tariffs on Indian goods could deal a serious blow to the country's economic growth. It is not yet clear how big the blow will be. Because Trump has announced a vague penalty in addition to the 25 percent tariff.
Trump wrote on Truth Social that India will be fined from August 1 for buying Russian oil and weapons. Experts say it is important to know the detailed terms of the fine. Only then will the real impact on the economy be understood.