The True Post (Web News) The US trade delegation has canceled its visit to India scheduled for August 25-29.
The trade dispute between the US and India has intensified, with the US canceling trade talks scheduled with India in August. According to Indian media, the US trade delegation has canceled its visit to India scheduled for August 25 to 29, after which the US-India trade talks have stalled. It should be noted that the US had warned India about buying oil from Russia and threatened additional tariffs. Even after the US threat, India did not make any announcement to stop buying oil from Russia, after which the US announced an additional 25% tariff on India. After the additional 25% tariff, the total US tariff on India has increased to 50%. Regarding the tariff, the White House said that it is appropriate and necessary to impose additional duties on goods imported from India because India is directly and indirectly importing oil from Russia. A few days ago, the US Treasury Secretary also warned that if the talks between Trump and Putin fail.
