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India charging 70 pc auto tariffs; Is Trump’s 100 pc claim wrong?

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New York, March 5: As he doubled down on his threats to impose reciprocal tariffs, President Donald Trump accused India of charging tariffs higher than 100 per cent on autos, even though India has slashed the highest rate to 70 per cent.

“India charges auto tariffs higher than 100 per cent,” he said in his address to a joint session of Congress on Tuesday, outlining his policies.

However, Finance Minister Nirmala Sitharaman announced in her budget last month that the tariffs on luxury cars were being cut to 70 per cent from 125 per cent.

She also cut tariffs on high-end motorcycles from 50 per cent to 40 per cent.

Commerce Minister Piyush Goyal is to visit Washington to discuss tariffs with US officials.

“Countless other nations charge us tremendously higher tariffs than we charge them,” Trump said, justifying his programme of raising tariffs.

The reciprocal tariffs would come into effect on April 2.

“Whatever they tariff us,” he declared, “we will tariff them.”

“China’s average tariff on our products is twice what we charge them, and South Korea’s average tariff is four times higher,” he said, also mentioning Brazil.

His speech came the day when his 25 per cent tariffs on imports from Canada and Mexico, and an additional 10 per cent came into effect.

Trump admitted that tariffs would cause “a little disturbance” and “there could be an adjustment period” but asserted that it would make the US richer.

That was meant to inoculate himself against criticism of the effects of the tariffs.

The stock markets have been down by more than three per cent in the last two days and retailers have warned of impending increase in prices of groceries.

Tariffs by India on imports from the US have been one of Trump’s favourite talking points. In the past, he has mentioned the Indian tariffs on Harley-Davidson motorcycles and whiskey.

International News

Iran’s FM says Ukraine’s attack on Iranian ship ‘cannot go unanswered’

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Tehran, July 27: Iran’s Foreign Minister Seyed Abbas Araghchi on said Ukraine’s attack on an Iranian commercial ship in the Caspian Sea “cannot go unanswered.”

In a post on the social media platform X, Araghchi accused Ukrainian President Volodymyr Zelensky of ordering “a blatant UN Charter violation done at Israel’s behest to drag Europe into its war.”

He said he had “made clear that what the freeloader in Kyiv did CANNOT GO UNANSWERED” in phone calls with European Union foreign policy chief Kaja Kallas and Russian Foreign Minister Sergei Lavrov on Saturday and Sunday respectively, Xinhua news agency reported.

He made the remarks on Saturday in a phone call with EU foreign policy chief Kaja Kallas, in which the two sides discussed the latest regional developments, according to a statement by the Iranian Foreign Ministry.

Araghchi condemned the Ukrainian attack, urging the EU, UN Security Council, and international community to hold its “perpetrators” and supporters to account, according to the statement.

The two sides also addressed developments in the Strait of Hormuz, stressing the need for diplomatic initiatives to manage regional tensions, it added.

In a separate statement, the ministry said it summoned Ukraine’s charge d’affaires in Tehran on Saturday over the attack, formally delivering a note of protest condemning the “hostile and criminal” act.

According to the Iranian foreign ministry, the attack took place at 3:00 a.m. local time on Saturday (2330 GMT on Friday) and led to the vessel’s explosion as well as a sailor’s death.

The semi-official Mehr news agency on Sunday reported that three sailors were also injured in the attack.

Citing the Governor of Iran’s northern Gilan province Hadi Haghshenas, it said that the steel-laden vessel was en route from Russia’s Astrakhan Port to Iran’s Anzali Port in Gilan when it came under attack.

The ship’s bridge was destroyed, leaving it unable to continue its voyage, Haghshenas said, adding that the incident would be pursued through domestic and international legal channels.

Zelensky said on Saturday that his country’s forces had hit a Russian warship and vessels used for transporting Iran-linked military cargo in the Caspian Sea.

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International News

Iran, Oman discuss arrangements for safe navigation through Strait of Hormuz

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Tehran, July 26: Iran and Oman held several rounds of technical talks in Tehran to discuss arrangements for safe navigation through the Strait of Hormuz. Iran’s Foreign Ministry spokesperson Esmaeil Baqaei said on Sunday that the talks were “useful and forward-looking” and progress had been made.

Speaking to reporters on Sunday, Baqaei said the talks were held on Friday and Saturday at the level of Deputy Foreign Ministers, during which, they discussed common principles and practical mechanisms for ensuring safe maritime traffic through the strategic waterway while respecting the sovereign rights of the two littoral states, Iran’s official Islamic Republic News Agency (IRNA) reported.

Baqaei added that Oman delegation left Iran on Saturday. However, the two nations would continue the technical and political consultations.

When asked regarding the current situation about navigation through the Strait of Hormuz, the Iranian Foreign Ministry spokesperson said that there had been no change in the status of maritime traffic in the waterway, IRNA reported.

The Strait of Hormuz links the Persian Gulf with the Gulf of Oman and the Arabian Sea. It is one of the world’s most important energy corridors, carrying oil and liquefied natural gas exports from major Gulf producers to international markets.

The talks between the two nations come amid renewed tensions in West Asia following military exchanges between the US and Iran.

Meanwhile, the US Central Command (CENTCOM) said the United States’ naval blockade against Iran remains fully in effect, announcing that American forces have redirected multiple commercial vessels, boarded ships for verification, and disabled one tanker that allegedly attempted to violate the blockade.

In a post on social media platform X, CENTCOM added: “The US naval blockade against Iran remains in full effect. As of July 25, CENTCOM has redirected 12 commercial vessels trying to run the blockade, disabled 2 that didn’t comply, and boarded 2 to ensure total compliance.”

The US Central Command said that US forces earlier completed a verification boarding of the Comoros-flagged tanker M/T Charminar in the Arabian Sea.

Describing the operation, CENTCOM said: “Earlier today, US forces completed a verification boarding aboard Comoros-flagged M/T Charminar in the Arabian Sea, and the tanker is now continuing its journey.”

CENTCOM also announced action against another vessel, saying American forces had disabled the Mozambique-flagged tanker M/T Lavine in the Gulf of Oman after its crew allegedly attempted to breach the blockade.

According to the command, “CENTCOM forces disabled Mozambique-flagged M/T Lavine in the Gulf of Oman on July 24 after the crew attempted to violate the blockade multiple times and ignored repeated warnings. The ship is no longer transiting to Iran.”

The military command emphasised that US forces remain prepared for further operations in the region, saying: “American forces remain highly vigilant, focused, lethal, and ready.”

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International News

Iran’s FM urges EU to take ‘decisive’ action against Ukraine’s attack on Iranian ship

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Tehran, July 26: Iran’s Foreign Minister Seyed Abbas Araghchi called on the EU to take “decisive” action against Ukraine’s targeting of an Iranian commercial ship in the Caspian Sea.

He made the remarks on Saturday in a phone call with EU foreign policy chief Kaja Kallas, in which the two sides discussed the latest regional developments, according to a statement by the Iranian Foreign Ministry.

Araghchi condemned the Ukrainian attack, urging the EU, UN Security Council, and international community to hold its “perpetrators” and supporters to account, according to the statement.

The two sides also addressed developments in the Strait of Hormuz, stressing the need for diplomatic initiatives to manage regional tensions, it added, reports Xinhua news agency.

In a separate statement, the ministry said it summoned Ukraine’s charge d’affaires in Tehran on Saturday over the attack, formally delivering a note of protest condemning the “hostile and criminal” act.

Earlier in the day, the ministry said the Ukrainian attack had caused the vessel to explode, killing a sailor and wounding another.

The ministry said Iran has never intervened in the conflict between Russia and Ukraine, adding the strike could further “spread the flames of the war and insecurity in a dangerous manner.”

Also on Saturday, Ukrainian President Volodymyr Zelensky said his country’s forces had hit a Russian warship and vessels used for transporting Iran-linked military cargo in the Caspian Sea.

Earlier, the ministry said in a statement that the attack, carried out by the Ukrainian government, violated the UN Charter and constituted an “act of aggression.”

Iran has never intervened in the conflict between Russia and Ukraine, the ministry said, adding the strike could further “spread the flames of the war and insecurity in a dangerous manner.”

It stressed Iran will not hesitate to defend its national interests and security, warning that Ukraine will be responsible for the consequences of its “adventurism.”

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