Trump’s 50% tariffs on India come into force as president puts pressure on country over Russian oil supplies

Hello and welcome to the US politics live blog. My name is Tom Ambrose and I will be bringing you all the latest news lines over the next few hours.

We start with news that president Donald Trump’s doubling of tariffs on goods from India to as much as 50% took effect as scheduled on Wednesday, escalating tensions between the world’s two largest democracies and strategic partners.

A punitive 25% tariff imposed due to India’s purchases of Russian oil adds to Trump’s prior 25% tariff on many products from India. It takes total duties to as high as 50% for goods such as garments, gems and jewellery, footwear, sporting goods, furniture and chemicals – among the highest imposed by the US and on par with Brazil and China.

India and the US have held five rounds of discussions since April to reach a trade agreement, but differences over the opening up of India’s vast farm and dairy sectors, and its purchases of Russian oil led to a breakdown of talks.

The new tariffs threaten thousands of small exporters and jobs, including in prime minister Narendra Modi’s home state of Gujarat, Reuters reported.

An Indian commerce ministry official said on condition of anonymity that exporters hit by tariffs would receive financial assistance and be encouraged to diversify to markets such as China, Latin America and the Middle East.

In other developments:

  • Donald Trump held a televised, three-hour cabinet meeting, in which various secretaries seemed to compete to praise him in more effusive terms, and he took questions from reporters from partisan outlets.

  • Trump told reporters that “I think, maybe in my own mind, I have somebody that I like” to take the place of the Federal Reserve governor he is trying to force out, Lisa Cook, who is fighting to keep her place.

  • Two reporters for pro-Trump outlets offered testimony about crime in Washington DC to support the president’s claims.

  • Texas’s redrawn congressional maps have drawn a lawsuit from the NAACP, accusing the state of committing a racial gerrymander with its maps that strip Black voters of their political power.

  • A whistleblower complaint alleges that Elon Musk’s so-called “department of government efficiency” (Doge) copied and uploaded the sensitive Social Security data of hundreds of millions of Americans to a vulnerable cloud server, potentially violating federal privacy laws. One of the Doge staffers accused in the complaint is Edward Coristine, whose recent assault in Washington DC provided the pretext for Trump’s federal takeover.

  • In a deeply partisan press release, Sean Duffy, the former Republican congressman and Fox host serving as Donald Trump’s transportation secretary, announced the cancellation of $175m in funding for four projects related to what he called “California’s High-Speed Rail boondoggle”.

  • The Trump administration retaliated against some Federal Emergency Management Agency staffers who signed a letter of dissent about the agency’s leadership, the Washington Post reports.

  • A local television outlet in Washington DC recorded video of “a full busload of National Guard members … picking up trash in Lafayette Park, just outside the White House”.

  • Cracker Barrel announced that it is scrapping its new logo, and returning to its old one, hours after Donald Trump joined the conservative backlash to the change.

Share

Updated at 

Key events

Fed governor’s lawsuit could be filed today, CNBC reports

US Federal Reserve governor Lisa Cook’s lawsuit against Donald Trump could be filed as soon as today, CNBC reported on Wednesday citing sources.

More to follow on this as we get it.

Share

Updated at 



Source link
#Trumps #tariffs #India #force #president #puts #pressure #country #buying #Russian #oil #politics #live #politics

By Admin

Leave a Reply

Your email address will not be published. Required fields are marked *