ANI
04 Apr 2025, 16:12 GMT+10
New Delhi [India], April 4 (ANI): Amid protest by the Opposition over the issue of US tariffs, Congress MP Karti Chidambaram on Friday said that these tariffs are not just concerning India; rather, they will have global impacts.
The Congress MP stated that it will also have far-reaching complications for the US and other major economies of the world.
He further asserted that after an analysis the government should make a categorical statement on this and what counter-measures would be taken.
'The government should, after an analysis, make a categorical statement on how this (tariff imposed by the US) will affect our Indian economy, which sectors will be impacted, and what countermeasures will be taken. Tariffs are not just concerning India; they will have a global impact. It will also raise consumer prices in US... These will have far reaching complications for American economy as well as major world economics,' Chidambaram told ANI.
Earlier, Opposition MPs, including that of Congress, Shiv Sena (UBT), DMK, etc staged a protest against the Centre after the US President Donald Trump administration imposed 26 per cent reciprocal tariff on India.
They staged a protest near the Makar Dwar in the Parliament premises.
Congress MP Manish Tewari gave a notice to move an adjournment motion to discuss the 'deteriorating' diplomatic relations of India with the United States in light of recent incidents of visa revocations affecting Indian students and the imposition of a 26 per cent reciprocal tariff on Indian goods. The Congress Rajya Sabha MP had sought permission from the Chair to raise this matter for urgent discussion in the House.
Tewari said in the motion that the recent actions by the United States have raised serious concerns about the treatment of Indian interests in bilateral engagements.
The Congress MP further stated that the reports indicate that a significant number of Indian students have faced abrupt visa revocations, leading to uncertainty, financial distress, and the threat of deportation and the absence of a transparent grievance redressal mechanism has exacerbated anxiety among affected students and their families, many of whom have made substantial financial commitments, often through educational loans, for higher education in the US.
Congress MP Manickram Tagore also gave a notice to move a motion for the adjournment to discuss the recent US tariffs on the Indian economy, which are 'adversely affecting' Indian exports, imports, and the livelihoods of farmers, businesses, and MSMEs across the nation.
The motion read, 'In light of these grave concerns, I request the immediate adjournment of today's regular proceedings to discuss this urgent matter of national importance. The Indian government must present its position on how it intends to protect Indian businesses, farmers, and MSMEs from the adverse effects of these tariffs. The government must also outline its strategy for negotiating with the US, to address this situation and mitigate further damage to our economy.'
Congress MP and Lok Sabha Deputy LoP Gaurav Gogoi had also given a notice to move an adjournment motion to discuss the 'urgent and pressing' matter of the United States imposing 'retaliatory' tariffs on Indian exports, stating that this issue has 'severe economic ramifications' and requires the House's immediate attention.
Earlier on Thursday, Congress leader and Leader of Opposition in Lok Sabha Rahul Gandhi said that the United States' decision to impose reciprocal tariffs will 'completely devastate our economy' with the auto industry, pharmaceuticals and agriculture among sectors expected to face the brunt.
He asked the government what it is doing about this tariff.
'Our ally has suddenly decided to impose a 26 per cent tariff, which is going to completely devastate our economy--our auto industry, pharmaceutical industry, and agriculture are all on the line,' Rahul Gandhi said in Lok Sabha.
US President Donald Trump announced new import tariffs on Wednesday, outlining the rates to be imposed on countries around the world, with India facing a 26 percent tariff. (ANI)
Get a daily dose of Barbados Bulletin news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Barbados Bulletin.
More InformationEvery day, police across Australia investigate thousands of incidents—any one of which could unlock a major case on the other side...
WASHINGTON, D.C.: General Motors is recalling more than 720,000 vehicles globally over a defect linked to its 6.2L V8 engines, the...
The air raid comes a day after a Houthi missile attack on Ben Gurion Airport Israel has launched a series of airstrikes on Houthi-controlled...
Ho Chi Minh City [Vietnam], May 6 (ANI): At the inauguration ceremony of the United Nations' Vesak Day celebrations in Ho Chi Minh...
This photo taken on May 3, 2025 shows a store with electronic stocks in Kabul, the capital of Afghanistan. (Photo by Saifurahman Safi/Xinhua)...
ASEAN+3 finance ministers conclude meeting in MilanFinance ministers and central bank governors from the Association of Southeast Asian...
Washington DC [US], May 6 (ANI): After wrapping a 30-date residency in his home island of Puerto Rico on September 14, the reggaeton...
Dubai [UAE], May 5 (ANI): Three standout captains from the recently concluded the International Cricket Council (ICC) Women's Cricket...
New Delhi [India], May 5 (ANI): Australia continue to lead the ICC Test rankings, while India hold the top position in both ODI and...
New Delhi [India], May 5 (ANI): Australian all-rounder Beau Webster bolstered his chances of earning a spot in next month's ICC World...
Kolkata (West Bengal) [India], May 5 (ANI): Following his side's one run loss to Kolkata Knight Riders (KKR), Rajasthan Royals (RR)...
The event marking the 80th anniversary of the USSRs victory over Nazi Germany has taken place in the US, China, and Latin America ...