
[ad_1]
NEW DELHI: The Congress on Tuesday took a jibe at Prime Minister Narendra Modi over the proposed reciprocal tariffs and mentioned that he ought to remind his “good friend that the T in WTO stands for Trade, not Trump.”
Congress basic secretary in-charge communications Jairam Ramesh criticised the proposed reciprocal tariffs, saying that such measures contradicted elementary worldwide commerce ideas.
Jairam Ramesh said, “Reciprocal tariffs are a complete negation of all accepted principles of international trade. Mr. Modi should summon the courage to remind his good friend that the T in WTO stands for Trade not Trump.”
This follows US President Donald Trump‘s announcement to match import tax charges with different nations, doubtlessly resulting in financial tensions with varied international locations.
Trump indicated forthcoming reciprocal tariffs focusing on nations together with India and China, reiterating his stance from Prime Minister Modi’s earlier Washington go to.
On social media platform X, Congress’ media head Pawan Khera raised a number of queries concerning the US tariff state of affairs.
He questioned the federal government’s technique to guard home agricultural employees, who represent 45.76% of the workforce, from elevated American imports.
“Will the government now consider changes in domestic policy, particularly the legalisation of MSP, to provide basic income support to Indian farmers? What assurances will the Indian government secure to prevent India from becoming a dumping ground for cheap US agricultural imports?” Khera mentioned.
He additionally questioned the federal government’s plans to guard MSME sectors from costly exports and worldwide competitors.
The Congress consultant concluded by questioning the GDP implications of those reciprocal tariffs.
[ad_2]