Criticism of Trump’s Reciprocal Tariffs by Indian-American Lawmakers
Indian-American lawmakers have criticized President Trump’s reciprocal tariffs as “reckless and self-destructive.” They argue that these tariffs will increase consumer prices, weaken competitiveness, and potentially harm U.S.-India relations. Key figures urge for dialogue to mitigate negative economic impacts and restore stable trade practices.
Indian-American lawmakers and the diaspora have expressed significant concern regarding the reciprocal tariffs imposed by President Donald Trump, branding them as “reckless and self-destructive.” They have urged leaders from both the United States and India to engage in meaningful dialogue to address the pressing economic challenges posed by these measures.
Recently, President Trump announced a 26 percent “discounted reciprocal tariff” on Indian imports, justifying this action by noting that India imposes a 52 percent tariff on American products. This announcement is part of a broader strategy targeting over 60 countries in response to existing tariffs on U.S. products. Lawmakers contend that such tariffs will render Indian goods less competitive in the global market.
Congressman Raja Krishnamoorthi criticized the tariffs as a tax burden on working families meant to subsidize tax cuts for wealthier Americans. He stated, “These latest so-called ‘Liberation Day’ tariffs are reckless and self-destructive.” His remarks highlight the impending isolation of the U.S. on the global stage and the adverse effects on American families through increased prices as they already contend with economic difficulties.
Furthermore, Congressman Ro Khanna conveyed concerns regarding the potential economic fallout, asserting that there is no strategic consideration or Congressional consultation behind Trump’s tariffs. He warned that increased prices on essential everyday items would lead to economic instability, stating, “Trump is literally trying to destroy our economy.”
Dr. Ami Bera emphasized that these tariffs will ultimately burden American consumers by increasing costs, conflicting with the administration’s narrative of tax cuts. Ajay Bhutoria, a former advisor to President Biden, elaborated on the adverse implications for both Indian exporters and American consumers, predicting heightened costs in various sectors, potentially increasing household expenses by thousands annually.
Wendy Cutler from the Asia Society Policy Institute noted the tariffs’ damaging impact on U.S. economic growth and investment, stressing that such actions treat close trading partners similarly to adversaries. Cutler articulated that America’s trading partners would likely face domestic pressure to counteract the tariffs, potentially leading to a decrease in global economic growth and a disruption in established supply chains.
In conclusion, the reciprocal tariffs imposed by President Trump have prompted strong criticism from Indian-American lawmakers, who view these actions as harmful to both the American economy and international relations. As these lawmakers advocate for dialogue to resolve trade disputes, they highlight the potential consequences of the tariffs, including increased consumer prices and strained economic partnerships. The call for reevaluation of such policies reflects broader concerns about the impacts on families and American competitiveness in the global market.
Original Source: www.ndtv.com
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