NEW DELHI: The Congress on Saturday as soon as once more focused Prime Minister Narendra Modi over the lately finalised interim commerce settlement, earlier this month, between India and america, which took almost a 12 months to achieve mutual consensus. The biggest opposition social gathering’s assault on PM Modi got here after the US Supreme Court docket struck down Donald Trump’s tariffs, a key weapon of the commerce coverage pursued below the MAGA supremo.In a submit on X, the social gathering outlined what it referred to as the story of a “commerce deal and compromised PM,” itemizing key developments after the highest court docket’s determination. Referring to the Friday’s ruling, the Congress mentioned that the US Supreme Court docket had struck down Trump’s reciprocal tariffs, after which he invoked Part 122 of the Commerce Act of 1974 to impose a contemporary 10 per cent international tariff on imports.
The grand previous social gathering claimed that the ruling would imply India now faces a ten per cent tariff charge, whereas additionally pointing to the interim commerce deal introduced earlier this month that mounted tariffs on Indian items at 18 per cent. It additional alleged that “India dedicated to decreasing tariffs on numerous US items to 0% and shopping for items price $500 billion over 5 years from the US”Congress additionally raised a sequence of pointed questions in regards to the commerce pact signed between New Delhi and Washington.“What was the frenzy to plead for a commerce deal, bending backwards and agreeing to an anti-India deal?” the social gathering requested.“The commerce deal had been pending for months, why did Modi push for it all of the sudden and agreed on a 30 min telephone name?” it mentioned, questioning the timing of the settlement.The Congress additional requested, “Why did we agree to large imports from US, and decreasing tariff on its merchandise to zero?” It additionally questioned the affect on the agricultural sector, asking, “Why did we comply with sacrifice the pursuits of our farmers?”Elevating issues over knowledge and vitality safety, the social gathering mentioned, “Why did we comply with giving all our knowledge on a platter to the US?” and “Why did we compromise our vitality safety by agreeing to not purchase Russian oil?”It additionally took goal on the tariff construction below the deal, asking, “How silly had been we to rejoice a 6X enhance in our tariff from below 3% to 18%?”“The reply to all these and different questions is a COMPROMISED Prime Minister,” the Congress alleged. In the meantime, the PM Modi-led authorities mentioned it’s intently inspecting the implications of the US Supreme Court docket’s ruling on tariffs.In its first official response, the ministry of commerce and trade mentioned, “We’ve famous the US Supreme Court docket judgement on tariffs yesterday. President Trump has additionally addressed a press convention in that regard. Some steps have been introduced by the US administration.”“We’re finding out all these developments for his or her implications,” the ministry added.In the meantime, the PM Modi-led authorities mentioned it’s monitoring the scenario and assessing the implications of the US Supreme Court docket’s ruling.In its first official response, the ministry of commerce and trade mentioned, “We’ve famous the US Supreme Court docket judgement on tariffs yesterday. US President Trump has additionally addressed a press convention in that regard. Some steps have been introduced by the US administration.”“We’re finding out all these developments for his or her implications,” the ministry added.
