The PTI news agency said that Israeli Prime Minister Benjamin Netanyahu said on Thursday that it would be to resolve the tariff issue in the interest of India and the US.
Israel PM Netanyahu said that he would like to come to India soon.
The Israeli Prime Minister said that there is a huge scope to expand India-Israel cooperation, including combating terrorism in the areas of intelligence sharing.
Netanyahu made a statement to discuss bilateral cooperation between the two countries with the Ambassador of India in Israel, JP Singh.
The Israeli PMO said in a post on X, “Prime Minister Benjamin Netanyahu met the Indian Ambassador at Israel JP Singh at his Jerusalem office today.
US President Donald Trump on Wednesday doubled India’s tariff to 50 percent, citing the purchase of Russian oil. Trump imposed a 50 percent tariff on India in two phases, 25 percent of the levy was first declared on 30 July and an additional 25 percent was announced on Wednesday.
Trump signed an executive order – while addressing the threats to the US by the Russian Federation government – 25 percent of the levy and applying the additional tariff above the levy that applies from August 7.
The order posted in the White House website states, “Eddie Veloum duty is imposed … will be in addition to any other duties, fees, taxes, accuracy and applied duty for such imports …”, “The order posted in the White House website was taught.
While the initial duty becomes effective on August 7, the additional levy will become effective after 21 days or 27 August.
India firing back on tariff steps in addition to Trump and reiterated that these actions are “inappropriate, inappropriate and unfair.”
What did India say here in response
The United States has targeted India’s oil imports from Russia in recent times.
2. We have already clarified our position on these issues, including the fact that our imports are based on market factors and have been done with the overall objective of ensuring the energy security of 1.4 billion people in India.
3. Therefore, it is very unfortunate that America should choose to put additional tariffs on India for those tasks that many other countries are also taking in their national interest.
4. We repeat that these actions are inappropriate, inappropriate and unfair.
5. India will take all the action necessary to protect its national interests.
India buys about 88 percent of its crude oil, which is converted into fuel like petrol and diesel from abroad. According to data mentioned in the PTI news agency report, Russian oil is barely made for all crude oil of crude oil, which India imported by 2021.
