Skip to content
Search

Latest Stories

Trump lashes out over 'stupid trade' with India

India charges America over 100 per cent tariffs on a large number of products while the US imposes nothing on the similar or same items, president Donald Trump has said, urging his administration to work on the "stupid trade".

His statement came days after he criticised India, saying it is one of the world's "highest taxing nations".


The US president has repeatedly claimed that India is a "tariff king" and imposes "tremendously high" tariffs on American products.

Addressing the Republican Jewish Coalition in Las Vegas on Saturday, Trump said: "We have a case where a certain country, India, is charging us... what great country, great friend, prime minister (Narendra) Modi -- charging us over 100 per cent for many things".

The United States, he said, is charging India "nothing for similar or same" products.

In his speech, Trump indicated that he is receiving resistance from Senators for imposing reciprocal tariff on India.

He cited India as a country other than China which imposes high tariffs on American products.

India, he alleged, continues to wage "stupid trade" and unfair trade practices, and called out prime minister Modi for the trade imbalance with the US.

"I have Senators who say, you can't do that. It's not free trade. When did they come from? Where did they come from? It's not free trade," he said, ramping up his rhetoric against India's trade and tariff policies.

He asked his senior administration officials to work on this.

"Will you please work on them? It's the craziest thing. It's stupid trade. We have so much stupid trade," Trump said.

He said that as a result of such trades, the US has lost for many years now -- $800 billion a year on trade.

"Who the hell makes these deals? Those are not good negotiators. Actually, Democrats made a lot of them though. But Republicans met a lot of up too, that's the amazing thing. They made $800 billion. But we're getting it back. We'll get to give back. We're going to be getting a lot of it.

"I have to be a little bit politically correct by saying it's ok if we lose $20 billion with a country because we want to be nice. We want to be nice with everyone," Trump said, asserting that his administration is cracking down on countries that cheat.

Early this year at a White House event to announce his support for reciprocal tax, Trump said he was satisfied with the Indian decision to reduce the import tariff on high-end Harley-Davidson motorcycles from 100 per cent to 50 per cent.

Trump has said that his administration is fixing broken trade deals to protect the American workers.

More For You

UK–Africa business summit 2025

UK–Africa business summit 2025

UK–Africa business summit 2025 highlights trade, technology and resilient partnerships

Highlights:

  • Dr Sudhir Ruparelia emphasised Uganda’s growing real estate, agriculture and tourism sectors.
  • Lord Dolar Popat called for closer Commonwealth ties between Africa, the UK and India.
  • Uganda’s ministers outlined regional integration, investment climate and agricultural transformation.
  • Spiritual leader Sant Trilochan Darshan Das Ji urged ethical entrepreneurship rooted in integrity.

The 15th edition of the UK–Africa Business Summit took place on Friday, 12 September at The Royal Horseguards Hotel & One Whitehall Place, bringing together senior government leaders, entrepreneurs, investors and diaspora stakeholders to strengthen trade and investment ties between the UK and African nations.

Keep ReadingShow less
Modi & Trump

Donald Trump and Narendra Modi shake hands as they attend a joint press conference at the White House on February 13, 2025.

Reuters

India, US to discuss trade issues after tariff hike

INDIA and the United States will hold trade discussions in New Delhi on Tuesday, officials and Indian media reports said, as the two countries look to resolve a tariff dispute.

India currently faces high US tariffs on most of its exports and has not yet been able to reach a trade deal that would ease the pressure.

Keep ReadingShow less
Piyush Goyal

Piyush Goyal recalled that in February, Narendra Modi and Donald Trump had instructed their trade ministers to conclude the first phase of the bilateral trade agreement (BTA) by November 2025. (Photo: Getty Images)

Getty Images

Trade talks with US moving forward positively, says Indian minister Goyal

INDIA’s commerce and industry minister Piyush Goyal on Thursday said that negotiations on the proposed trade agreement between India and the United States, which began in March, are progressing in a positive atmosphere and both sides are satisfied with the discussions.

He recalled that in February, Indian prime minister Narendra Modi and US president Donald Trump had instructed their trade ministers to conclude the first phase of the bilateral trade agreement (BTA) by November 2025.

Keep ReadingShow less
Baiju Bhatt

At 40, Bhatt is the only person of Indian origin in this group, which includes figures such as Meta’s Mark Zuckerberg. (Photo: Getty Images)

Baiju Bhatt named among youngest billionaires in US by Forbes

INDIAN-AMERICAN entrepreneur Baiju Bhatt, co-founder of the commission-free trading platform Robinhood, has been named among the 10 youngest billionaires in the United States in the 2025 Forbes 400 list.

At 40, Bhatt is the only person of Indian origin in this group, which includes figures such as Meta’s Mark Zuckerberg. Forbes estimates his net worth at around USD 6–7 billion (£4.4–5.1 billion), primarily from his roughly 6 per cent ownership in Robinhood.

Keep ReadingShow less
UK business district
The Canary Wharf business district including global financial institutions in London. (Photo: Getty Images)
Getty Images

Economy shows no growth in July amid political turbulence

UK's ECONOMY showed no growth in July, according to official data released on Friday, adding to a difficult week for prime minister Keir Starmer’s government.

The Office for National Statistics (ONS) said gross domestic product was flat in July, following a 0.4 per cent rise in June.

Keep ReadingShow less