Categories: Top Stories

India is very hard place to do business because of high tariffs: Trump over Musk and PM Modi’s meeting | India News

US President Donald Trump on Thursday said that Tesla CEO Elon Musk, who met Prime Minister Narendra Modi a few hours ago, wanted to do business in India but that country is a very hard place to do business because of the high tariffs.
A Few hours after PM Modi met Musk at the Blair House and discussed key topics such as “space, technology, and innovation.”
Responding to a question over Musk and PM Modi meeting, Trump said, “They met, and I assume he wants to do business in India, but India is a very hard place to do business in because of the tariffs. They have the highest tariffs just about in the world, and it’s a hard place to do business. No, I would imagine he met possibly because, you know, he’s running the company.”

” He’s doing this as a. As something that he’s felt strongly about for a long time because he sees what’s happening and he sees how the country is really being hurt badly by all of the fraud, waste and abuse,” he added.
At the Oval office, Trump also delivered a blunt warning to Brics nations on Thursday, declaring that if they proceed with launching a common currency, they would face a 100% tariff on all imports into the United States.
He also asserted that “Brics is dead.” Trump’s scathing remark on Brics challenges its global influence and relevance.

“Brics was put there for a bad purpose… I told them if they want to play games with the Dollar, then they are going to be hit by a 100% tariff. The day they mention that they want to do it, they will come back and say – we beg you, we beg you. Brics is dead since I mentioned that…” Trump said.
PM Modi, who is on a two day US visit, is holding a meeting with Trump and possibly the trade and tariff could be the key issues that will be discussed in the meeting.

Justin

Recent Posts

Assam Congress declares 31 candidates for Bodoland polls

Guwahati, Aug 31 (IANS) The Assam Congress on Sunday announced its first list of candidates for the Bodoland Territorial Council…

1 minute ago

Haryana prepared to deal with flood exigency, says CM Saini

Chandigarh, Aug 31 (IANS) Haryana Chief Minister Nayab Singh Saini on Sunday said the government is prepared to deal with…

6 minutes ago

Azharuddin likely to be inducted in Telangana Cabinet

Hyderabad, Aug 31 (IANS) Congress leader and former Indian cricket captain Mohammed Azharuddin may be inducted in the Telangana Cabinet…

12 minutes ago

Kerala BJP demands Travancore Devaswom Board to withdraw its stand on women's entry in Sabarimala in Supreme Court

Thiruvananthapuram, Aug 31 (IANS) The Kerala unit of the Bharatiya Janata Party (BJP) has demanded that the Travancore Devaswom Board…

17 minutes ago

ECI nears deadline for claims and objections on Bihar draft electoral roll

New Delhi, Aug 31 (IANS) The Election Commission of India (ECI) on Sunday announced that only one day remains for…

23 minutes ago

Hyderabad Liberation Day will be celebrated in grand manner, says MoS Bandi Sanjay

Hyderabad, Aug 31 (IANS) Union Minister of State (MoS) for Home Affairs, Bandi Sanjay Kumar, said on Sunday that the…

28 minutes ago