India, which was once an ally of the United States, is wrestling with a 50 % Trump tariff, one of the highest rates in the world

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At the heart of the diamond axis in India, in the western city of Soor, requests were stopped, and the essential monotheism machines and fears of more damage and job losses were held high.

This is because, as of Wednesday, the export tariff sitting on the Indian goods heading to the United States by 50 percent.

“The entire industry is shocking,” Kirit Bhansali, head of the jewelry export promotion in India, told CBC News.

The customs duties, one of US President Donald Trump, are identified in a country with strong relations with the United States. The new tariff rate includes an additional duty of 25 percent on Indian exports to America, which Trump called “a penalty” for India to buy Russian oil with a discount.

Bhansali said: “Even (the first) was very difficult to digest it,” because making gemstones has only small profit margins, hovering between six and eight percent.

“It is a very sad day for the jewelry and jewelry sector in India.”

Watch | The United States strikes India with 50 % definitions:

The United States slaps 50 % definitions on India, among the highest in the world

Double US President Donald Trump from customs tariffs on imports from India to up to 50 percent is now in effect. Trump says the additional tariff aims at the penalty for buying Russian oil.

Bhansali said that about 175,000 diamond workers and jewelry will be directly affected by the new sharp tariff, as the United States is the largest buyer of precious stones in India, which represents more than 30 percent of exports-a 10-billion dollars in the United States in the past fiscal year.

The acute pain that extends through the industry of gemstones in India and the diamond industry also strike shrimp exporters in South Asia, clothing manufacturers and carpet makers – all of them have a large number of American buyers.

About half a million shrimp farmers risk losing their livelihood as a direct result of the new sharp tariffs, according to the estimates of the Seafood Exporters Association in India.

India “puzzling”

Bhansali said he had not seen any reason for optimism that the definitions would be eased soon.

Commercial talks between India and the United States are not in a good place, although the Foreign Minister of India insisted with sincerity that they did not completely collapse.

“The negotiations are still ongoing, in the sense that no one said that the negotiations are suspended,” said Supermaneam Gaeshanskar on Saturday at an event in Delhi. However, an American commercial delegation canceled a trip to the capital of India that was planned for this week.

Indian officials have repeated that they would not give up the country’s agricultural sector and dairy market, which is a great competition in commercial talks with the United States

Prime Minister Narendra Modi talked about the need to focus on the Indians on “making in India” and self -reliance in the weeks that Trump announced the new tariff rate.

Mixing with concern all over the country is confusion – that India is intertwined in the Trump tariff campaign in the first place, not to mention facing these sharp tariff rates, given the geopolitical importance in the country of South Asia.

American administrations have grown increasingly close to India as an important commercial partner in the Indian Pacific Ocean, decisively, as a combat of Chinese aggression in the region.

The person who carries his back to the camera completes a colored art in a public environment.
A student was seen from the Gurokol College of Arts, completing a work that includes US President Donald Trump and Indian Prime Minister Narendra Modi in Mumbai. The relationship between the two countries has reached a rugged correction since Trump returned to the White House. (Rajanish Kakade/The Assocated Press)

The United States and India have signed technology sharing agreements and defense cooperation agreements. Their space agencies cooperate in satellite research and tasks.

But now, the two countries are inconsistent with the punitive definitions that appear to have threw Indian officials to guard.

“We are not the largest Russian oil buyer. That is, China,” Gaishhansaria told reporters this month.

Changing relationship

When Trump was re -elected, there was an expectation in some circles that India could deal with the president. Harsh Pant, Vice -President of Foreign Policy at the Lower Jaws Observer Research Foundation, said Delhi, the borrowing of a popular term by American economist Robert Sheller.

Many said that many of Trump’s friendly relationship with Modi will secure commercial insurance, despite the fact that the American president has been subjected to a long face against India’s protectionist inclinations, describing the country as “the king of tariffs.”

Watch | Trump calls India “the king of tariffs”:

Why does Trump call India the “tariff king”

The US President promised to put forward a mutual tariff in India on April 2, and repeatedly asked for the high definitions that India had been present for a long time. Salva Shifji from CBC breaks the tariff of India, and what industries will be affected, and Trump mathematics problems.

Pant believes that the current turbulent relationship and the “troubled atmosphere” will continue in the short term, because Trump wants a commercial victory and India is not in a strong position to give him one.

“The general mood (in India) may harden and manage Mr. Trump,” Pant told CBC News.

This shift has strengthened after Trump repeatedly tried to get the credit for ending the conflict between India and Pakistan in May, after the two countries circulated nuclear armed over the disputed Kashmir region. (Both countries are completely Kashmir, and he has approximately 80 years, but only control parts of it.)

Indian officials denied that Trump’s demand, which, in turn, angered the American president.

“There is a lot of contradiction in his own approach with India,” Pant said, and it causes damage to the diplomatic relationship, as well as trade.

“All the hard work that has been done in the past few years,” to build stronger relations between the two countries, “is now dissipated.”

With the tense relationship with the United States, India has turned its diplomatic efforts to the East, to China, in a renewed effort to restore relations that stopped after a deadly clash five years ago along the common borders of the countries.

Chinese Foreign Minister Wang Yi was warmly welcomed in New Delhi earlier this month. Moody will also be in China next week, for his first visit to the country seven years.



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