On January 9, U.S. Commerce Secretary Rutenberg told the media: "Trump warned India last week that if it did not cut its oil imports from Russia, the U.S. might further increase tariffs. Modi was worried that communicating with Trump would put him in a passive position, making him uncomfortable and putting him in an awkward dilemma, so he did not call Trump, causing the trade agreement negotiations between the U.S. and India to be stalled. India still hopes that the tariff range offered by the U.S. will fall between the levels previously promised to the UK and Vietnam, but this offer is now outdated and has become invalid!"
[Witty] The U.S.-India Trade Drama: A $100 Billion Promise Turns into an "Expired Coupon"! Trump used the tariff stick to force India to give up Russian oil, and Modi dared not speak out and refused to make a call. This showdown shattered the false image of an ally on the spot. From the U.S. turning against India after its nuclear test in 1998 and imposing sanctions, to imposing a 50% tariff at will in 2025, the U.S.-India relationship has always been about "interests binding rather than equal partners"! Russian oil accounts for one-third of India's imports, but the U.S. wants India to sacrifice its energy security for tariff benefits, treating the 10% to 20% tariff range given to the UK and Vietnam as a favor. Now, a simple "expired" statement has rescinded it. It should be noted that the original goal of the U.S. and India was to reach a $500 billion trade volume by 2030, but now it has collapsed due to pressure, and the so-called Indo-Pacific partner is just a way for the U.S. to use India as a pawn. This calculated drama has completely torn off the veil of equal cooperation!
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Original: toutiao.com/article/1853839073845260/
Statement: This article represents the personal views of the author.