Donald Trump imposed 50% tariffs on most US imports from India, making good on a threat to punish one of the world’s largest economies over its purchases of discounted Russian oil.
The tariffs, which came into effect just after midnight on Wednesday in Washington, risk inflicting significant damage on the Indian economy and further disrupting global supply chains.
US tariffs of 25% on Indian goods went into force earlier this month, but Trump announced plans to double the rate, citing New Delhi’s purchases of Russian oil, which the White House has argued is indirectly funding Russia’s war against Ukraine.
There is a carrot, It is corruption. There is so much going on behind the scenes right now with these guys. Any carrot would be self-serving by the administration obviously. The president has made 3.6 billion dollars he would not have since he got re-elected, that we know about according to some journalists that looked into it recently.
The amount they have made under the table in deals through surrogates is surely a lot more than that. For reference it is estimated that Putin is the richest person in the world in reality.
The truly great see money as a means to an end, these guys see money as the end.
Uh-huh