Posted on 07/30/2025 6:02:50 AM PDT by marcusmaximus
US president Donald Trump on Wednesday announced that India will have to pay 25 per cent tariff from August 1. Trump also said that India will have to pay an additional penalty for buying energy and arms from Russia. The 25% tariff rate announced for India is 1% less than the 26% declared by Trump in his April 2 'Liberation Day' conference.
"Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country," Trump said in a post on Truth Social.
"Also, they have always bought a vast majority of their military equipment from Russia, and are Russia’s largest buyer of ENERGY, along with China, at a time when everyone wants Russia to STOP THE KILLING IN UKRAINE — ALL THINGS NOT GOOD! INDIA WILL THEREFORE BE PAYING A TARIFF OF 25%, PLUS A PENALTY FOR THE ABOVE, STARTING ON AUGUST FIRST. THANK YOU FOR YOUR ATTENTION TO THIS MATTER. MAGA!" he said.
(Excerpt) Read more at timesofindia.indiatimes.com ...
That just happened to me minutes ago. I wanted to talk to the manager of a store where my sister works at. The f’n indian customer service agent tried to get info from me instead of connecting me. I told him I wanted to speak to the manager and no one else. /spit.
“”That just happened to me minutes ago. I wanted to talk to the manager of a store where my sister works at. The f’n indian customer service agent tried to get info from me instead of connecting me. I told him I wanted to speak to the manager and no one else. /spit.””
I suppose the companies hiring these foreign workers are getting the labor cheap vs. just being anti-American, but I still think those companies should be taxed for hiring that foreign labor when there are Americans that could have those jobs. Make it unaffordable for US companies to do that. America First, Baby!
“Getting stronger day by day. The USD has dropped 11.5 percent since January, making every American’s overseas purchases 11.5 percent MORE.”
Up 2% over last month.
Up 5% over last five years.
Up 11% over last twenty years.
Up 11% over last thirty years.
President Trump WANTS a lower US dollar.
India will quickly cave on their tariffs on US goods just like the EU did. The days of trade negotiators spend months if not years quibbling over minutia are over. Trump plays hardball and knows how to quickly make deals.
This will have no impact whatsoever on the war.
Trump duped morons like you, Marcus, into thinking otherwise.
“As predicted, these were tariffs Trump was going to place on India anyway in order to force it to make a trade deal.”
The tariffs have two parts. One to force a deal and the second is sanctions’ based.
Trump played Zeepers, war pigs and neocons by teasing this.
These were tariffs that Trump would be implementing anyway in order to force India to make a deal.
It's highly unlikely any deal reached will result in India no longer buying Russian oil.
Stifle yourself, clown.
Maybe, maybe not. Unlike the EU, Japan and most other countries, India is not an export led economy.Trade is not a huge part of the economy. Its largely an internal consumption led economy. The US wants concessions on agriculture and dairy. For the most part, that's a no go. India is a democracy and there is almost zero political interest or sense in giving in to these specific demands. A deal will likely be struck but it won't be the sort of capitulation that some of the other deals have seen. The economy is simply different and while India needs the US more than the reverse, it not an overbearing necessity. The tariffs will probably cost India 0.5% of the GDP, painful but not destructive.
Yes. Amazon initially itemized prices of goods from tariffed countries : actual price, and the overhead due to Trump tariff's separately, so the customer woud know why certain things were suddenly costing more. As soon as that happened the Trump admin screamed 'bloody murder !!' and Amazon quickly withdrew. The admin thinks people are naive but people know exporters and retailers are mostly passing tariff costs to the end customer. It's the end customer (us) sending money to the US treasury if we choose to buy.
“ The US wants concessions on agriculture and dairy”
How’s that going to help ? India is the world’s largest producer of milk. They are also the second largest producer of food grains after China. Despite having a billion and a half people they export food to other countries. American agri products are going to be priced higher then their locally made products, so there’s not going to be a big market for it.
Being a large producer or exporter doesn’t foreclose the requirement of importing specific items. On the agricultural front, the US is pushing for the entry of GM crops which India is resisting. On dairy, there are cultural issues because of cows in the US being fed animal products as well as an understanding that Indian dairy farmers are very small compared to US farmers and won’t be able to sustain if there is dumping. India hasn’t budged in trade negotiations with other countries on this specific issue, unlikely to do so now.
Treading where I have no real knowledge, please note that President Trump likes to speak of crypto currencies as an American norm.
Perhaps the route forward includes the crypro currency that will allow the US$ to fall sharply.
I lack the knowledge to understand the coming changes
Perhaps the route forward includes the crypro currency that will allow the US$ to fall sharply.
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Trump’s Crypto, Stablecoin bill must be read in detail.
Note: the Stablecoins MUST buy US Treasury debt. Foreign countries have been unloading US debt instruments at an alarming rate- he essentially found new suckers to buy our Debt instruments.
The weak link- they are denominated in USD’s, and the dollar has fallen 11.5 percent this year. IF the USD continues to fall, these Stable coins will also fall.
That said, it was a smart move as the US has to find $$$$$$$$7-8 trillion in US Debt buyers to keep our government going….these Stable coins will buy the debt, but for how long?
Foreign countries and most especially China, are selling US$ debt to raise cash. China is cash poor.
Foreign countries and most especially China, are selling US$ debt to raise cash. China is cash poor.
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Central Banks world wide are selling US debt and buying Gold, historic amounts….China is selling off US debt incrementally, do you think they want the US to steal their funds when hostilities erupt? Many of the worlds Finance Ministers have stated that exactly, most notably the Indian Finance Minister.
That said, China is financing their Silk Road initiatives, building / buying commodities, oil, etc everywhere, from Africa to South America- and everywhere in between.They are winning the “ war” with the West through worldwide Trade and Commerce.
Lastly, don’t forget China is the number one Gold producer in the world- since 2007/8…..and NONE of it leaves China.
……and dont forget India is buying historic tonnages of Silver, cleaning out the Western corrupted Comex and LBMA.
President Trump had better get a handle on this, but it is probably to late.
https://sdbullion.com/blog/record-silver-indian-imports-who-there-is-buying-and-why
“Record Silver Indian Imports - Who There is Buying & Why?”
Due note the US has a Silver shortage, much like rare Earths.
You are dwelling in the past. That is no longer true
All or at least very many of the initiatives you note are already shelved by the host nations. They are simply refusing to pay the debts created and now owed to China banks.
The effort is a humongous failure.
And then there is Tofu Drang. The construction is in many places exported tofu dranf. The construction is just crap.
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