US tariffs on India – ‘Both are experts in…’: Jairam Ramesh’s jibe at PM Modi-Trump’s friendship and reciprocal tariffs

On Monday, the leader of congress, Jeram Ramish, took a bus at Prime Minister Narendra Modi and the friendship of US President Donald Trump while participating in the mutual tariff in the United States. Ramish said that both Modi and Trump are experts in sabotaging the economies of each of them.

In the case of Trump, this was the policy of the overwhelming mutual tariff, while in the case of Modi, Satan was what happened on November 8, 2016. He added that the markets interact in a predictable way after Trump’s announcement.

Ramish came in Trump’s friendship and Moody at a time when Indian markets saw a bloodbath, resulting in the mutual tariff for Trump, for the second consecutive session on Monday.

“No wonder that Mr. Modi and Mr. Trump are describing themselves with intimate friends. Both are experts in giving their wounds to their economies. November 8, 2016 was a demonic. April 2, 2025 was the strange interconnected tariff. The markets interact expected in a tariff manner,“ Ramish wrote on X (previous Twitter).

Meanwhile, India is unlikely to be divided against Trump’s 26 percent tariff for its imports, Reuters reported, quoting government officials.

A government official said that the center had discussed a condition of the tariff order in Trump, which provides a potential comfort for commercial partners who “take important steps to treat indisputable trade agreements.”

Another government official told Reuters that New Delhi sees an advantage in being one of the first countries to start talks with Washington to obtain a commercial deal, and therefore, in a better position than its Asian peers – China, Vietnam and Indonesia.

Trump, on the other hand, almost the approach of his administration in taking the necessary “medicine” for economic issues faced by the United States, although Indian and international markets are present in TENTERHOKS.

Indian stock indicators- Sensex and NIFTY- were crashed in the second consecutive session on Monday after the global markets fell into the “Tahrir Day” tariff in Trump and the recession fears.

Sensex 3000 points decreased to 72329 and NIFTy fell 971 points to 21,932 in early trade. Within minutes of the opening of the market, the investor’s wealth decreased by 19 rupees to 383.95 rupees today from 403.34 rupees in the previous session.

Since Trump took over the position of US President, the market value in India has decreased 45.57 rupees from 4,31,59,726 rupees on January 20 to 3,86,961 rupees.