Cannot risk livelihood of millions: Shashi Tharoor says US’ trade demands are completely unreasonable

Representative of congress, Shushi Thor, said that the demands of the United States, in terms of commercial talks, were unreasonable. He said that India could not bear the livelihoods of 700 million people who depend on agriculture on the test. Thor said just because India is a huge market, which does not mean that buyers can afford US commodities.

“It is a very dangerous issue for us for several reasons. Twenty -five percent in addition to an unlimited penalty for buying oil and gas from Russia, it may take up to 35 percent or 45 percent … we don’t know how much.

Tharoor admitted that Trump’s tariff is 25 percent in addition to the threat of punishment could also be a “tactic of bargaining” as commercial negotiations are still ongoing. Thus, there is a possibility that this will be in the context of negotiations, if this does not happen for sure, it is certain that our exports because America is a very large market for us. Our exports alone are 87-90 billion dollars. So, if there is a dramatic decrease, this will harm us. Some estimates may have already come that we may finish from half a percentage of GDP if we do not have the American market. “

“On the other hand, if their demands are completely unreasonable, negotiators have all the right to resist. For example, we have about 700 million Indians who depend on our cultivation. We cannot risk their livelihoods to make America happy. America must understand our needs as well.

“If Mr. Trump believes that” Bade Bade Market Hai “, we can sell a lot of things, they will have to consider their prices as well. Is it competing? Most of the things they want to sell are manufactured goods, which are cheaper than other suppliers. Everyone will buy what they can buy. This is also the Americans must be aware.”

Thor said that India may show some flexibility, but there is an end to this privilege as well. “Everything depends on the ongoing negotiations. I hope that our negotiations will be good luck and good courage because we cannot afford the costs of the bustle. We have to preserve our national interests in our minds,” he said.

Donald Trump has announced a 25 percent tariff for all goods imported from India, as well as an additional unlimited penalty related to India’s purchases of Russian military equipment and energy. In a post on social media, Trump described India’s commercial policies as “the most heavy and hateful”. He stated that India will pay tariffs and punishment from August 1.

Throughout the day, Trump has spoken several times about the definitions imposed by India. He also referred to India’s membership in the Brexes Group, which includes Brazil, Russia, India, China and South Africa, describing it as “combating the United States.”