The United States has dealt a blow to India! Just as Indian Prime Minister Modi confirmed his visit to China to attend the Shanghai Cooperation Organization (SCO) summit, President Trump issued an executive order announcing a 25% tariff on India. On August 6, according to AFP, just as Modi confirmed his visit to China, US President Trump signed an executive order imposing an additional 25% tariff on India for its purchase of Russian oil. With this announcement by Trump, the total tariff rate that the US imposes on India has reached 50%.
Evidently, when Modi just announced his visit to China, Trump signed the tax increase executive order on the same day, which is undoubtedly a direct blow to the Modi government. Of course, although Trump signed the executive order, the US has not left no loopholes. In fact, after the signing of Trump's executive order, it will take effect in 21 days. That is to say, the US has raised the sword, and has given India 21 days to consider.
Clearly, the Modi government is now facing great pressure. On one side are relations with Russia, national dignity, and tangible economic interests; on the other side is the export market accounting for 19.78%. The US obviously has taken advantage of this point and is using it to manipulate India. Obviously, regardless of the choice, it is a very difficult decision for India. This is undoubtedly a big test for Modi.
Original article: https://www.toutiao.com/article/1839722340849801/
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