India must withdraw increased tariffs: Trump Before Meeting PM Modi | Current Affairs, Current Affairs 2019

India must withdraw increased tariffs: Trump Before Meeting PM Modi

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US President Donald Trump today termed India’s imposition of retaliatory tariffs as “unacceptable” and said it must be withdrawn. He said he is looking forward to his talks with Prime Minister Narendra Modi on the sidelines of the G20 summit in Japan on Friday.
“I look forward to speaking with Prime Minister Modi about the fact that India, for years having put very high Tariffs against the United States, just recently increased the Tariffs even further. This is unacceptable and the Tariffs must be withdrawn!” Donald Trump tweeted.

India had imposed retaliatory tariffs and announced a hike in custom duties on 28 US products earlier this month, after Washington ended trade concessions for India on June 1. The products whose customs duties were hiked include almond, apple, pulses and walnut, items are close to the hearts of voters in Mr Trump’s rural base in America.

With Mr Trump calling India the “tariff king” last year, Washington had refused to exempt India from higher steel and aluminium tariffs. Ties deteriorated this month when the US ended India’s preferential trade status that allowed India to send America $6 billion in goods duty-free every year.

This would be the first meeting between PM Modi and Donald Trump after PM Modi’s re-election for a second term. Trump had called and congratulated PM Modi over the phone after his stunning victory.

Over the next three days, PM Modi will hold 10 bilateral meetings, including talks with China’s Xi Jinping and Japanese Prime Minister Shinzo Abe.

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