His assertion got here hours after he introduced 25% tariffs on India together with an unspecified further penalty, to punish the New Delhi for making vitality purchases from Russia.
“We're negotiating proper now and it is also BRICS. BRICS, which is mainly a bunch of nations which are anti america and India is a member of that…It's an assault on the greenback and we aren't going to let anyone assault the greenback. So it is partially BRICS and it is partially commerce…We had an incredible deficit,” Trump stated at a press convention.
BRICS contains Brazil, China, Russia, India and South Africa. Different members are Egypt, Ethiopia, Iran, the United Arab Emirates and Indonesia.
“Prime Minister Modi is a buddy of mine, however they do not do very a lot enterprise by way of enterprise with us. They promote rather a lot to us, however we do not purchase from them…As a result of the tariff is so excessive. They've one of many highest tariffs on the planet. Now, they're prepared to chop it very considerably. However we are going to see what occurs,” Trump stated.
Trump had earlier threatened an extra 10% tariff on international locations that “align themselves with the anti-American insurance policies of BRICS”.“We're speaking to India now. We'll see what occurs. It would not matter an excessive amount of whether or not we now have a deal or we cost them a sure tariff. However you'll know on the finish of this week…,” he added.
