In a media interview, he expressed outrage, saying, "India, which claims to have a population of 1.4 billion, doesn’t buy even a single bushel of corn from us. Is that fair? India continues protectionist policies without liberalizing its agriculture sector. They sell everything to us but block our products with tariffs.
"Lutnick further stated, "We have imposed tariffs to rectify years of unfair treatment from India. President Donald Trump is demanding that India lower its tariffs and treat us the way we treat them. Until this is resolved, the tariffs will continue."Due to India’s refusal to open its agriculture sector, the US has imposed a 25% tariff on Indian products. GLARE & BLAIR Ribbed Sleeveless Bodycon Tank Mini Cami Dress for Women
Additionally, an extra 25% tariff has been levied due to India’s oil purchases from Russia, resulting in a total of 50% tariffs on India. "This is a necessary step for fair trade," Lutnick said, justifying the stance.