New Delhi, Aug. 12 -- Renowned economist Raghuram Rajan has called out United States President Donald Trump's "pressure tactics" in imposing 50 per cent tariffs on India and Brazil, in an interview with Brazilian economic and financial publication, Valor.
Speaking on Donald Trump's apparent "shift in mood" against India, Raghuram Rajan said that while trade with Russia could be "reconsidered", its is "hard to negotiate with a gun to your head", and that this seems like an "exercise in power" from the US.
Donald Trump last week said the US would impose 50 per cent tariffs on India as "punishment" for buying oil from Russia. He has in the past also criticised India and Brazil for being part of what he dubbed "anti-American" BRICS bloc. Br...
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