"India was their [Russia's] biggest customer, I put 50 per cent tariff on India buying oil from Russia. That is a big deal and causes rift with India. Remember this, this is Europe problem more than our problem," Trump said.
In Bhadohi, All India Carpet Manufacturers Association’s Honorary Secretary Tanveer Hussain said the Rs 8,000 crore carpet industry, with 60 per cent of its exports headed to the US, faces a direct hit.
Congress President Mallikarjun Kharge Wednesday strongly criticised the Modi government over the 50 per cent tariffs imposed by the US on Indian goods, calling it a "foreign policy disaster."
Indian goods and services exports are set to cross the $760 billion mark in the current fiscal, commerce minister Piyush Goyal said on Tuesday.
According to him, it is time that the Indian industry stood up as one to ensure that it gets a level playing field.
