What are the Economic Implications of Rising US Tariffs on Indian Goods?
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Synopsis
As the US imposes a staggering 50% tariff on Indian imports, Congress MLA Amit Deshmukh raises alarms regarding India's foreign policy failures. He urges the government to act swiftly to mitigate potential economic fallout. With the stakes high, the call for a decisive response is louder than ever.
Key Takeaways
- US tariffs on Indian goods have increased to 50%.
- Amit Deshmukh calls for accountability from the Indian government.
- The lack of a strong governmental response raises concerns.
- India's foreign policy effectiveness is questioned.
- The Malegaon blast verdict has stirred public sentiment.
Mumbai, Aug 7 (NationPress) Congress MLA Amit Deshmukh, the son of former Maharashtra Chief Minister Vilasrao Deshmukh, expressed his deep concern on Thursday regarding the US's recent decision to impose an additional 25 percent tariff on Indian goods, which escalates the total tariff to 50 percent. He characterized this as a significant indication of India’s weakening foreign policy and called on the central government to implement immediate and effective measures.
In an interview with IANS, Deshmukh stated: "I believe our foreign policy has faltered. The imposition of such tariffs by the US necessitates accountability from the Indian government. The absence of a robust response from our side is concerning. If these trends persist, they could adversely affect our economy."
He emphasized that the government's silence on this crucial matter raises considerable concerns.
"A clear and decisive statement from the Indian government was necessary. To date, there has been none, which indicates a lack of seriousness," he added.
Reflecting on Prime Minister Narendra Modi's recent international engagements, Deshmukh remarked: "We are still awaiting tangible outcomes from these foreign trips. The current state of India’s global relationships and internal matters is deteriorating, and the government must take responsibility for this situation."
Deshmukh also commented on the Malegaon blast verdict, where all seven accused, including former BJP MP Sadhvi Pragya Singh Thakur and Lt. Col. Prasad Shrikant Purohit, were acquitted by a special NIA court on July 31. The 2008 Malegaon explosion in Nashik district resulted in six fatalities and over 100 injuries. Deshmukh’s father, Vilasrao Deshmukh, was the Chief Minister at that time.
"If the court has rendered a verdict, it must be respected. However, it is equally vital to recognize and understand the anguish and sentiments of the victims. If they perceive injustice, they have the right to pursue legal remedies through constitutional avenues," he stated.
"Terrorism is terrorism, and the law must penalize the guilty—regardless of their identity. If anyone feels aggrieved, they have the right to seek justice," he concluded.
Point of View
It is crucial to recognize the implications of rising tariffs on India's economy. The government's response to international trade challenges must be robust and timely to maintain our economic stability and global standing.
NationPress
05/10/2025
Frequently Asked Questions
What is the total tariff imposed by the US on Indian goods?
The US has imposed an additional 25 percent tariff on Indian goods, raising the total tariff to 50 percent.
Who is Amit Deshmukh?
Amit Deshmukh is a Congress MLA and the son of former Maharashtra Chief Minister Vilasrao Deshmukh.
What are the potential effects of these tariffs on India's economy?
The rising tariffs could negatively impact India's economy by increasing the cost of exports and reducing competitiveness in international markets.
What did Amit Deshmukh say about the government's response?
Deshmukh criticized the Indian government's lack of a strong response to the tariffs, stating it raises concerns about the effectiveness of India's foreign policy.
What was the verdict in the Malegaon blast case?
A special NIA court acquitted all seven accused in the 2008 Malegaon blast case, which resulted in six deaths and over 100 injuries.
