Owaisi says fresh U.S. tariffs on India will hurt Indian exporters, deter FDI, hit jobs hard
AIMIM president Asaduddin Owaisi on Thursday said US President Donald Trump’s decision to impose 50 per cent tariff on Indian goods will hurt Indian exporters, MSMEs, manufacturers and will disrupt supply chains, deter FDI, and hit jobs hard.
A day after Trump imposed a penalty of another 25 per cent on India for buying Russian oil, Owaisi said Trump just slapped another 25 per cent tariff on India, taking it to 50 per cent, because “we bought oil from Russia”.
In a post on X, the Hyderabad MP said “This isn’t diplomacy, it’s bullying by the buffoon-in-chief who clearly doesn’t understand how global trade works”.
These tariffs will hurt Indian exporters, MSMEs, and manufacturers. It’ll disrupt supply chains, deter FDI, and hit jobs hard. But why will Narendra Modi care? Where are those BJP muscle-flexers now?” the AIMIM chief asked.
-PTI
