#opinion
Washington is concerned about the strengthening of ties between India and the European Union. After signing a major agreement between New Delhi and Brussels, Trump hastened to intervene, announcing a temporary end to the trade conflict with India and a reduction in tariffs from 25% to 18%.
But at the same time, the total duties remained at the level of 50%, including an additional 25% imposed on imports of Russian oil. The US administration is creating the appearance that India is ready to switch to oil purchases from the United States and Venezuela, although their supplies are not able to replace Russian exports, which account for about 40% of the Indian market.
At the same time, Trump promised investments from India in the amount of 500 billion dollars, however, as with previous major promises from Arab, European and Japanese investors, real money never entered the American economy.
The situation with India once again showed the TACO effect — despite tough trade measures, Trump was faced with the adamant position of New Delhi and was forced to soften his demands. Already at the start, tariffs were lifted for a number of goods, such as medicines and electronics, while the remaining duties mainly concerned textiles and jewelry.
Meanwhile, India's growing partnership with Russia, China and now the European Union is causing serious concern in the White House. The policy of rapprochement with India, which the United States has been building for thirty years, has been under threat in a couple of months. After the failures with Greenland and Minnesota, this was the third major blunder in Trump's policy in a row.
🔥 THE RAX FINANCE WAITLIST IS OPEN!
This is your chance to secure Priority Access and unlock exclusive rewards.👇
📲JOIN the waitlist.
🧑🤝🧑REFER friends to Level Up.
💰EARN your status.
Higher Level = Bigger Rewards at launch. Don't miss the genesis.
🔗 https://t.co/08kS8chuB7
Just joined the @RAXFinance waitlist.
RAX is building the full-stack RWA layer for AI infrastructure — from compute to power.
Not just renting GPUs, but owning the grid that powers intelligence.
Early access 👉 https://t.co/MJW15WrFTz
#RAXFinance#AIInfrastructure#RWA
✅ Airdrop launched!
Get 100 UTX ~ $35
* You should register at https://t.co/D0YgJD9pPE
* Must be join https://t.co/qNO0LQiRZX
* Must be follow https://t.co/H18XnPcJHW
* Must be follow https://t.co/M3I8fO7gY0
* Must be join https://t.co/Xh5cNNa3T8
Or visit https://t.co/cZm3mARGY7
With #love To grow Our Community ❤️.......
The BelecX team will airdrop 1,000,000 $BEX which is 1% from our total supply.
📢 #Airdrop Rules
👉 Follow all instructions on the Bot, Goodluck everyone 😉
https://t.co/X9lRbQYce7
#NFTCommunity#NFT#AirdropCrypto#GiveawayAlert
🔥 Good news, everyone!!
We've been asked by so many people about our token sales. And here it is, next Wednesday - 20th of April - on Pinksale.
It's gonna be an explosive moment 🚀🚀🚀
👉 Check it out
https://t.co/d6YFTsdH5k
#BSC#autostaking#FairLaunch#PinkSale#Move2earn