US President Donald Trump, in a contemporary assault on India’s commerce ties with Russia, on Thursday mentioned he doesn’t care what New Delhi does with Moscow and accused each nations of getting “lifeless economies”.
“I don’t care what India does with Russia. They will take their lifeless economies down collectively, for all I care,” Trump mentioned in a publish on Reality Social. “Now we have carried out little or no enterprise with India, their Tariffs are too excessive, among the many highest within the World.”
Trump additionally took purpose at Russia, saying, “Likewise, Russia and the USA do nearly no enterprise collectively. Let’s preserve it that approach, and inform Medvedev, the failed former President of Russia, who thinks he’s nonetheless President, to look at his phrases. He’s getting into very harmful territory!”
Trump’s feedback come a day after he introduced a 25% tariff on Indian imports and penalties over its commerce and defence relationship with Moscow.
What made Trump indignant at Russia once more?
Donald Trump’s outburst comes after former Russian President Dmitry Medvedev mentioned in a publish on X on Monday that the US President was taking part in “the ultimatum sport” with Russia, and that such an method might result in a struggle involving america.
Medvedev wrote, “Every new ultimatum is a risk and a step in direction of struggle. Not between Russia and Ukraine, however with (Trump’s) personal nation.”
Trump mentioned on Monday that he was disenchanted in Russian President Vladimir Putin’s failure to finish the struggle in Ukraine, and that he was decreasing a deadline to agree a peace settlement from 50 days to 10 or 12.
Indian shares slip after Trump threatens 25% tariff, penalty
Indian shares fell on Thursday after Donald Trump mentioned it might impose a 25% tariff on items imported from the nation beginning August 1 and an unspecified penalty.
The Nifty 50 fell 0.61% to 24,703.1 factors and the BSE Sensex misplaced 0.64% to 80,963.14 as of 9:46 am.
All 16 main sectors logged losses. The broader small-caps and mid-caps fell about 0.6% and 0.9%, respectively.
The 25% determine would single out India extra severely than different main buying and selling companions, and threaten to unravel months of talks between the 2 nations.
After saying the tariffs, President Trump mentioned the US continues to be negotiating with India on commerce.
(With inputs from companies)
