India has long had a field day putting Tariffs on American products. No longer acceptable!— Donald J. Trump (@realDonaldTrump) July 9, 2019
Zero Hedge: Trump Hints At New Trade War With India
Rarely a week goes by without President Trump trying to open a new front in the trade war (Europe, Japan, South Korea and Mexico have all been threatened with new levies), and this sleepy post-holiday week is no exception.
In a tweet, President Trump hinted at the possibility of new tariffs on Indian imports, saying that the US would no longer stand for India's overly aggressive tariff regime.
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WNU Editor: In 2018 the U.S. goods and services trade deficit with India was $24.2 billion, so yes, the U.S. does have leverage.
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