Particularly targeting India, President Donald Trump has made critical remarks. Taking swipe at India along with the world's other top economies, he accused India of charging 100 per cent tariff on some of the US' goods, as he threatened to cut trade ties with countries who are "robbing" America.
Trump made the remarks in Canada's Quebec City where he was attending the G7 summit that ended in farce after he abruptly rejected the text of a consensus statement and bitterly insulted the host."We're like the piggybank that everybody is robbing," Trump said.
Trump also made a reference to India, indicating that his grievances on tariffs was not restricted to the developed economies alone. "This isn't just G7. I mean, we have India, where some of the tariffs are 100 per cent. A hundred per cent. And we charge nothing. We can't do that. And so we are talking to many countries," Trump said. He has repeatedly raked up the issue of India imposing high import duty on the iconic Harley-Davidson motorcycles and threatened to increase the import tariff on "thousands and thousands" of Indian motorcycles to the US.
"We're talking to all countries. And it's going to stop. Or we'll stop trading with them. And that's a very profitable answer, if we have to do it," Trump warned.
His remarks came at a time when the India-US relationship has been on a positive trajectory for years. Trump, who is pushing his 'America First' policy, said his ultimate goal was the elimination of all trade duties.