US President Donald Trump lashed out at BRICS for ‘attacking the greenback’ – however appeared to dodge questions on a possible ‘25% tariff’ for India and even a further ‘penalty’ for its relationship with Russia – as he took questions in DC on Wednesday.
“You talked about right this moment that India, along with its 25 p.c care charge, would pay a further penalty due to its help of Russia. What is that extra penalty? And are different nations dealing with the identical menace?” he was requested.
“Well, we’re negotiating proper now, and it’s additionally BRICS. You know, they’ve BRICS, which is principally a gaggle of nations which can be anti the United States. And India is a member of that, when you can imagine it. It’s an assault on the greenback. And we’re not going to let anyone assault the greenback,” he replied.
“Are you continue to open to barter with India on the tariff entrance?” he was requested.
“We’ll see what occurs. Again, India was the very best or simply in regards to the highest tariff nation on this planet,” Trump added.
Earlier, Trump mentioned that India would in actual fact face the 25% tariff from August 1, and would additionally pay an unspecified ‘penalty’ for ties to Russia.
“They have at all times purchased a overwhelming majority of their navy gear from Russia, and are Russia’s largest purchaser of ENERGY, together with China, at a time when everybody needs Russia to STOP THE KILLING IN UKRAINE — ALL THINGS NOT GOOD! INDIA WILL THEREFORE BE PAYING A TARIFF OF 25%, PLUS A PENALTY FOR THE ABOVE, STARTING ON AUGUST FIRST,” he wrote on Truth Social.
India reacted, saying it “will take all steps crucial to guard the nationwide curiosity” and that it remained dedicated to negotiating a “truthful, balanced and mutually helpful bilateral commerce settlement”. “The Government attaches the utmost significance to defending and selling the welfare of our farmers, entrepreneurs, and MSMEs,” it added.
