India must ‘react correctly’ to US, avoid actions that hurt American interests: Commerce Secy Lutnick | World News
Lutnick’s remarks follow a series of criticisms of India’s trading policies the US adminration.(Screengrab from YouTube Video on NewsNation)
United States Commerce Secretary Howard Lutnick Sunday sharpened the US’ attack on its crucial trading partners, including India, urging them to “open their markets, stop taking actions that harm America.”
“We have a bunch of countries to fix like Switzerland, Brazil, like India. These are countries that need to really react correctly to America,” Lutnick said in an interview to NewsNation.
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“… these countries have to understand that if you want to sell to the US consumer, you’ve got to play ball with the President of the United States,” he added.
Lutnick’s comments come amid escalating tensions between India and the US, after the Trump adminration imposed 50 per cent tariffs on India, including a 25 per cent duty on New Delhi’s purchases of Russian oil.
These remarks follow a series of criticisms of India’s trading policies the US adminration. Earlier on September 15, Lutnick targeted India for not opening its market to American farm products, warning New Delhi to cut tariffs or face difficulties in doing business with the United States, a report in The Indian Express quoted.
The commerce secretary had emphasised that Washington would continue to push back until trade became more balanced. “That’s the President’s model, and you either accept it or you’re going to have a tough time doing business with the world’s greatest consumer,” he said, PTI quoted.
On creation of jobs in manufacturing
Dismissing reports on loss of about 80,000 manufacturing jobs since Trump took office, Lutnick asserted, “Well, it can’t be true.”
“The tariff world is going to bring in the greatest building of advanced manufacturing that the country’s ever seen… will create so many manufacturing jobs,” he said.
“The stress in America is going to be — we have to train the 6.9 million able-bodied Americans who were sitting on the sidelines, who didn’t want to go to a liberal arts college, who didn’t want to work in the marketing department of some company. They want to work with their hands, they want to get out there. And those jobs are coming. These are advanced technical skills where you can be trained.”
Hailing the Trump adminration, Lutnick said it is going to bring back advanced manufacturing. “We’re going to have the greatest training program in the hory of America… We had 3.8% growth last quarter. And next year over 4, and you’re going to have the largest economy in the world. Our economy just crossed 30 trillion dollars. And it’s going to become one of the fastest growing economies in the world as well,” he asserted.
