HOME > MARKETS > ECONOMY NEWS
  ECONOMY NEWS
ECONOMY
Modi should remind his 'good friend' that T in WTO stands for Trade not Trump: Congress
Feb-25-2025

The Congress took a jibe at Prime Minister Narendra Modi over the proposed reciprocal tariffs and said that he should remind his ‘good friend that the T in WTO stands for Trade, not Trump.’

Criticising the proposed reciprocal tariffs, Congress general secretary in-charge communications Jairam Ramesh stated, ‘Reciprocal tariffs are a complete negation of all accepted principles of international trade. Mr. Modi should summon the courage to remind his good friend that the T in WTO stands for Trade not Trump.’ The Opposition party's assertion comes after US President Donald Trump has rolled out his plan to increase US tariffs to match the tax rates that other countries charge on imports, possibly triggering a broader economic confrontation with allies and rivals alike.

While, Congress' media head Pawan Khera raised concerns about protecting domestic farmers and the MSME sector, and questioned the potential impacts on India's GDP.


  RELATED NEWS >>