“India is a relationship …”: Beipp’s message after Trump’s 104% tariff


New Delhi:

Donald TrumpTariffs are, it seems, which decades of political and diplomatic destructive, at least can not achieve with any great success – India and China To work together, “Draw Dragon and Elephant Dance“, As Chinese Foreign Minister Wang Yi said last month.

US President’s tariff on China – Now when the jaw reacted 104 percent after up to 104 percent jaw, responded with 34 percent levy in the first round – both led to a second full trade war between two global veterans, “American aggression … to the end” Chinese to fight,

Trump’s tariff, and the resulting ‘chicken game’ with Xi Jinping of China, also appears to lead Beijing to make several consent statements about New Delhi; The latest Tuesday was when the Chinese Embassy called India and China to “stand together to overcome difficulties”.

“China-India Economic and Business Relations are based on mutual benefits. Facing the US misuse of the US, which deprives countries, especially in ‘Global South’, about their right to development, the largest developing countries (in the region) should stand together …” U Jing, Dell said by the ethnic spokesperson in Dell.

The long post also had a warning for Trump, said to the US President, “There is no winner in business and tariff wars. All countries should maintain the principle of comprehensive consultation, should practice true multiplicity, (and) jointly unilaterally and all forms of protectionism oppose”.

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The embassy also underlined its status of the strength of the global economy, stating that China contributes to about 30 percent of the annual global development. “We will continue to work with the rest of the world to protect the multilateral trading system …” said Ms. U by Ms. U.

India has not yet responded to this statement.

Ms. U’s post followed a statement by President Jinping; On 1 April, the Chinese leader told President Draupadi Murmu in Beijing that India and China should work together.

The call for cooperation has come below the highest level in Beijing, even though it was clear that they were inspired by the flood of tariffs provided by the United States.

Read | Trump increased tariffs on China by 104%, now effective: White House

On Wednesday, Trump performed well on his danger of “additional 50 percent tariff”. The White House confirmed that DC’s tariff Kul Washington on Beijing would be shocked up to 104 percent.

Trump’s tariff on India

India’s tariff pain, at this time, is not as serious for China as serious.

Trump has admitted, repeatedly, that Delhi is “a very big addict of tariff”, but it appears that a friendly relationship with Prime Minister Narendra Modi is retaining high import duties.

The US President announced the “concession” tariff for India – ‘only 26 percent’, which will be added to 10 percent of the baseline declared for some goods such as steel.

Read | Donald Trump announces 26% “concessional mutual tariff” on India

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There is also a possibility that Trump will throw inside Additional tax on import of medicine goods,

India exported goods worth $ 89.91 billion to the US in 2024, but this year sectors such as seafood and vehicles and auto parts, which announced a separate 25 percent of a separate 25 percent would take a hit.

NDTV explains. 25% auto tariff of Trump. What are they, who is affected?

However, unlike China, India has said that it will not ‘vengeance’ and will implement its own tariff, even though analysts expect an important hit to export to the US as $ 5.76 billion this year.

Read | India will focus instead to avoid vengeance on American tariffs …

A government official stated that Reuters Delhi will focus on a section that provides a potential recurrence for business partners who “take important steps to remove non-traded trade systems”.

Delhi, sources have said, in some cases it is also open to cut its existing tariff.

India-China relations after Galwan

Relations between China and India are best, best, and more often hostile, especially after violence in the Galvan Valley of Ladakh in June 2020, inspired a worrying construction of military forces along the border. It was not till October last year that a patrol deal was interacted.

NDTV explains. India-China border petrol deal: What does it mean, why is it important

The agreement seemed to begin to melt a melting in India -China relations – after a meeting between Prime Minister Narendra Modi and Mr. Jinping that it was announced – it was announced – it seems that it was taken to the economic front, even though the tariffs installed by Trump were helped by the avalanche.

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Last month, the Foreign Minister of China called for New Delhi and Beijing to work together and “lead to opposing Higmonism and power politics”. He also said, “Support, instead of wearing each other down, and strengthening cooperation … is in our fundamental interests.”

He also insisted on the meeting between Shri Modi and Shri Jinping, and stressed, “We should never allow bilateral relations to define by border question …”

With input from agencies

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