Donald Trump lashed out at India’s high tariffs after the country’s Prime Minister Narendra Modi was seen holding hands with Russian President Vladimir Putin at an anti-NATO summit in China.
Many viewed Modi’s embrace of Putin as a reaction to Trump’s tariffs on India for buying Russian oil, and Trump quickly fired back after their meeting.
‘What few people understand is that we do very little business with India, but they do a tremendous amount of business with us. In other words, they sell us massive amounts of goods, their biggest ‘client,’ but we sell them very little – Until now a totally one sided relationship, and it has been for many decades,’ he said.
‘The reason is that India has charged us, until now, such high tariffs, the most of any country, that our businesses are unable to sell into India. It has been a totally one sided disaster!
‘Also, India buys most of its oil and military products from Russia, very little from the U.S. They have now offered to cut their tariffs to nothing, but it’s getting late. They should have done so years ago. Just some simple facts for people to ponder!!!’
Trump had been largely friendly with Modi over his first term but many of the president’s economic programs during his second time in office have led to tension.
India’s tariffs on imports average 14 percent according to WSJ, higher than many other nations, which led Trump to refer to Modi as the ‘tariff king.’ For example, China levies a 6.5 percent tariff on imports.
The president hit India with 50 percent tariffs on some goods in retaliation, accusing Delhi of bankrolling Putin’s war effort, but so far neither India nor China has shown any sign of cutting energy imports from Russia. Initially, the president had levied a 25 percent ‘reciprocal’ tariff on India as with many nations.
Donald Trump appeared to react angrily to clips of India Prime Minister Narendra Modi and Russian President Vladimir Putin holding hand at an anti-NATO summit in China
Many saw Modi’s embrace of Putin as a response to Trump’s heavy tariffs on India for buying Russia’s oil and Trump let the Indian leader have it on Truth Social
Analysts say Trump’s approach may have pushed Modi closer to Moscow and Beijing as the three powers look to strengthen economic ties.
Presidential trade advisor Peter Navarro slammed Modi – despite calling him a ‘great leader’ – for embracing Putin and Xi Jinping later Monday.
‘I don’t understand why he’s getting into bed with Putin and Xi Jinping…when he’s the leader of the biggest democracy in the world,’ Navarro told Fox News.
Putin and Modi walked hand in hand as they arrived to meet Xi Jinping at a major summit in China aimed at establishing a new world order and challenging the West.
The Russian president and the Indian prime minister beamed as they strolled into the Shanghai Cooperation Organization talks in Tianjin, where Xi hosted more than 20 non-Western leaders.
The summit was billed as an alternative to the US-led global system and was packed with displays of unity between Moscow, Beijing and Delhi.
The three leaders were later seen laughing together in a huddle in what appeared to be a show of solidarity against Washington and its allies.
Modi shared a photograph of himself with Putin inside the president’s armored Aurus limousine after the summit. It was captioned: ‘Always a delight to meet President Putin. Conversations with him are always insightful.’
Trump had been largely friendly with Modi over his first term but many of the president’s economic programs during his second time in office have led to tension
At their talks, Modi told Putin: ‘Even in the most difficult situations, India and Russia have always walked shoulder to shoulder.
Putin responded warmly, saying in Russian: ‘Dear Mr Prime Minister, dear friend. Russia and India have maintained special relations for decades, friendly and trusting.’
In a direct jab at the US’ tariff policies, Xi opened the gathering saying: ‘We must continue to take a clear stand against hegemonism and power politics, and practice true multilateralism.’
He warned against divisions, telling leaders to ‘oppose Cold War mentality and bloc confrontation’ and to stand ‘against hegemonism and power politics’.
‘Global governance has reached a new crossroads,’ he added, before pledging billions in aid and loans to member states and announcing plans for an artificial intelligence cooperation centre and a joint lunar research station.
Xi said China would provide 2 billion yuan in free aid and 10 billion yuan in loans to member states through an SCO banking consortium.
The Chinese leader also hinted at creating a new SCO development bank, a move that could reduce dependence on the US dollar and weaken Washington’s ability to impose sanctions.
Putin endorsed Xi’s message, saying the SCO had revived ‘genuine multilateralism’ and was building ‘a new system of stability and security in Eurasia’.
Modi shared a photograph of himself with Putin inside the Kremlin chief’s armoured Aurus limousine
The three leaders were later seen laughing together in a huddle
He said: ‘This security system, unlike Euro-centric and Euro-Atlantic models, would genuinely consider the interests of a broad range of countries, be truly balanced, and would not allow one country to ensure its own security at the expense of others.’
The Kremlin leader again blamed NATO for the war in Ukraine, accusing the West of creating the crisis by trying to pull Kyiv into the alliance.
Putin said: ‘In order for a Ukrainian settlement to be sustainable and long-term, the root causes of the crisis, which I have just mentioned and which I have repeatedly mentioned before, must be eliminated.
He added that ‘a fair balance in the security sphere’ must be restored and claimed he was open to peace talks.
Ukrainian president Volodymyr Zelensky, who is due to meet European leaders in Paris on Thursday, accused Putin of avoiding a one-on-one meeting that was agreed during his recent trip to Washington.
‘Now, during his visit to China, Putin will once again try to wriggle out. That is his number one sport. Everyone in the world has declared that the fire must cease. Everyone has insisted that the war must end. That has also been China’s position,’ Zelensky said.
Putin is expected to remain in China as the guest of honor at a massive military parade in Beijing to mark the 80th anniversary of Japan’s surrender in World War Two.
North Korean dictator Kim Jong Un will also attend the display, which will feature China’s newest weapons, including ship-killing hypersonic missiles, in what experts say is a warning to the West.
