Trump threatens India with a new 25% tariff for importing oil from Venezuela | By Amit Mathur
In this explosive video, Amit Mathur dives into the high-stakes drama surrounding Trump’s latest threat—a potential 25% tariff on oil imported by India from Venezuela. The video unpacks the political and economic ramifications of such a move, exploring how it could disrupt India's energy security and reshape global oil trade dynamics. Amit provides a detailed analysis of the strategic motivations behind the tariff proposal, examines its potential impact on international relations, and discusses the broader implications for both India's economy and the global oil market. Whether you’re a policy enthusiast or an industry insider, this video offers critical insights into a development that could redefine
✅ Tariff Threats:
The Trump administration is considering imposing tariffs on shrimp, basmati rice, and engineering goods, which could impact ₹42,000 crore worth of exports.
✅ Dependence on Expensive Oil:
Due to US sanctions on Venezuelan crude oil, India may have to rely on more expensive oil from the Middle East.
✅ Economic Impact:
The removal of the Equalization Levy could lead to an annual revenue loss of ₹8,000 crore, affecting not only the trade deficit but also farmers and the tech industry.
Big Questions:
👉 Is India removing the digital tax to safeguard its trade relations with the US?
👉 Or is this a strategic move to protect Indian exports?
In this video, we analyze the reasons behind these developments and their potential consequences. We'd love to hear your thoughts: Do you think this is the right move? Share your views in the comments! 💬✨
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