Trump’s “self -destructive” policies have stopped

On September 12, the former RBI governor of India (RBI) struck the economic policies of US President Donald Trump, describing them as “self -destruction” and accused them of bringing global trade to a dead end.

“The world today is in a state of flow. The pursuit of some economic policies carried out by President Trump has brought global trade to a dead end,” said Ranjagan, while dealing with the call of the ICFAI Foundation in Hyderabad.

The former head of the Prime Minister’s Economic Advisory Council warned that India is the worst of these measures. He said: “We hope that a good feeling will prevail and the US policy makers will realize that the policies they want to follow are destroying the self. India is the worst success.”

Ranjagan noted that although some global groups are working on a more free trade, the long -term goal must be a unified global trading system. He added that the vision of India “Viksit Bharat 2047” is not only statistical, but a “transformative journey” that requires collective efforts from the government and society.

India and Brazil were among the best goals to push the Trump tariff. Although Prime Minister Narendra Modi has repeatedly described Trump, Trump described India as a “tariff” and imposed a 50 percent tax on Indian goods, including a 25 percent punitive duty on Russian oil imports. Washington, New Delhi, was accused of profit from cheap Russian oil and indirectly financing the Moscow War in Ukraine – India has severely denied, insisting that energy security is still his priority.

The Trump administration also pressed the European Union to impose 100 percent of customs duties on Russian oil buyers India and China.

In the midst of the confrontation, it was re -appeared in the hope of accomplishing. Earlier this week, Trump and Modi said they were keen to conclude commercial talks soon, a step that could pave the way to alleviate the customs tariff.