Washington: India's "very high" tariffs on US goods are "unacceptable" and must be withdrawn, President Donald Trump demanded Thursday ahead of his crucial meeting with Prime Minister Narendra Modi on the sidelines of the G-20 Summit in Japan which is likely to be dominated by trade frictions.
President Trump, championing his 'America First' policy has been a vocal critic of India for levying "tremendously high" duties on US products, has described the country as a "tariff king".
"I look forward to speaking with Prime Minister (Narendra) Modi about the fact that India, for years having put very high Tariffs against the United States, just recently increased the Tariffs even further. This is unacceptable and the Tariffs must be withdrawn!" Trump said in a tweet early this morning.
Trump will hold a bilateral meeting with Prime Minister Modi on Friday on the sidelines of the G-20 Summit in Japan. This would be his first meeting with Modi after the BJP's landslide win in the general elections.
It comes after the India visit of Secretary of State Mike Pompeo, during which he met Modi, External Affairs Minister S Jaishankar and National Security Advisor Ajit Doval.
The Trump-Modi meeting assumes significance in the wake of the strain that has popped up in the bilateral relationship on a host of trade and economic issues.
India has raised tariffs on 28 items, including almond, pulses and walnut, exported from the US in retaliation to America's withdrawal of preferential access for Indian products.
The Trump administration wants Prime Minister Modi to lower the trade barriers and embrace "fair and reciprocal" trade.
Trump has also criticised India's high import tariff on the iconic Harley Davidson motorcycles as "unacceptable" while acknowledging that his "good friend" Prime Minister Modi has reduced it from 100 per cent to 50 per cent.
Last February, India slashed the customs duty on imported motorcycles like Harley-Davidson to 50 per cent after Trump called it "unfair" and threatened to increase the tariff on import of Indian bikes to the US.
The government on June 21 last year decided to impose these duties in retaliation to the US decision of significantly hiking customs duties on certain steel and aluminium products. America, in March last year, imposed 25 per cent tariff on steel and a 10 per cent import duty on aluminium products.
As India is one of the major exporters of these items to the US, the move has revenue implication of about USD 240 million on domestic steel and aluminium products.
India has also dragged the US to the World Trade Organisation's (WTO) dispute settlement mechanism over the imposition of import duties on steel and aluminium.
India exports steel and aluminium products worth about USD 1.5 billion to the US every year. India's exports to the US in 2017-18 stood at USD 47.9 billion, while imports were at USD 26.7 billion. The trade balance is in favour of India.
The US and China have been locked in a bruising trade war since Trump imposed heavy tariffs on imported steel and aluminium items from China in March last year, a move that sparked fears of a global trade war.
Trump has already imposed 25 per cent tariffs on USD 250 billion in Chinese imports and China has retaliated with tariffs on US goods. In response, China imposed tit-for-tat tariffs on billions of dollars worth of American imports.
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Jaipur, Mar 28: Young Riyan Parag showed why he is considered a precocious talent as he struck a stunning 84 not out off 45 balls to set up a 12-run win for Rajasthan Royals against Delhi Capitals in their IPL match here on Thursday.
Sent in to bat, RR were reduced to 36 for 3 in the eighth over but the 22-year-old Parag single-handedly took the home side to 185 for 5 with a magnificent unbeaten knock studded with seven fours and six sixes.
Parag, who was promoted to number 4 by the team management this season and made 43 in the previous match, took 25 runs off veteran South African pacer Anrich Nortje with scores of 4, 4, 6, 4, 6, 1 in the final over to hit his highest T20 score.
Chasing 186 for a win, DC could only manage 173 for 5 in 20 overs though South African youngster Tristan Stubbs (44 not out off 23 balls) kept them in the hunt till the final over from which they needed 17 runs.
Avesh Khan conceded just four runs to help RR win their second consecutive match.
South African pacer Nandre Burger and Yuzvendra Chahal took two wickets apiece to also contribute in the RR win.
"Definitely disappointed. The best thing to do from here is to learn from it. The bowlers did well through the 15-16 overs. But the batters did well at the death, hopefully we do better in the next game," DC skipper Rishabh Pant said.
DC were reduced to 34 for 2 in the fourth over with Burger taking two wickets in three balls in a fine display of fast bowling.
Burger, who was brought in as Impact Sub for Shimron Hetmyer, dismissed opener Mitchell Marsh (23 off 12 balls) and Ricky Bhui (0) in the fourth over.
DC captain Rishabh Pant came out to bat at the fall of Bhui's wicket and along with senior batter David Warner built the innings without taking too much risk. Delhi were 89 for 2 at the halfway stage.
Warner was the more aggressive one as he got the boundaries to keep DC in the hunt. The senior Australian batter fell one run short of his fifty courtesy a brilliant diving catch by Sandeep Sharma off the bowling of Avesh in the 12th over.
Warner and Pant were involved in a crucial 67-run partnership for the third wicket.
Playing in his 100th IPL match and 14 months after a horrible car crash, Pant tried to build the innings with occasional boundaries. But he got out for a 26-ball 28 as Chahal induced a faint lower edge for Sanju Samson to do the rest behind the stumps in the 14th over.
The asking rate shot up to more than 13 runs an over and DC needed 66 from the last five overs.
Stubbs kept DC in the game with two consecutive sixes off Ravichandran Ashwin in the 17th over, but in the end the Delhi side were short by 12 runs.
They needed 34 runs from the final two overs which they could not get. It was DC's second consecutive loss.
Earlier, Parag shared 54 and 52 runs respectively with Ravichandran Ashwin (29) and Dhruv Jurel (20) after RR made a shaky start.
Royals captain Samson struck three consecutive boundaries in the fourth over bowled by pacer Mukesh Kumar before nicking a Khaleel Ahmed delivery two overs later to Pant to get out for 15.
RR were 30 for 2 by then as Mukesh had given DC their first breakthrough with the wicket of Yashasvi Jaiswal (5).
The Royals were in more trouble after wrist spinner Kuldeep Yadav literally forced his captain Pant to take a review, which later proved to be successful, to dismiss Englishman Jos Buttler for an LBW decision.
Ashwin came out to bat at number five and he lofted a Kuldeep delivery for a six to help RR reach 58 for 3 at halfway stage. He gave Nortje even a harsher treatment with two sixes in the next over that yielded 15 runs.
Ashwin, however, holed out to Tristan Stubbs near the boundary ropes for a 19-ball 29.
Parag then made his presence felt, striking two boundaries and a six off Ahmed to take RR past 100 in the 15th over.