American companies are now facing problems in India due to the 50% tax imposed on India. American multinational companies are now facing boycotts in the country.
US-India Tariff:- American companies are now facing problems in India after the 50% tariff imposed on India. Many big American multinational companies are now being completely opposed in the country. A wave of protests against America has been played in India. Angry over buying oil from Russia, Donald Trump has imposed a heavy 50% tax on India, which is the highest in the world.
Products of American multinational companies like Pepsi, Coca-Cola, Subway, KFC, McDonald’s are being boycotted in India in protest against the tariff. Apart from this, yoga guru Baba Ramdev has also asked Indians to boycott American products. Expressing his views, he said, ‘Not a single Indian customer should be seen at the counter of Pepsi, Coca-Cola, Subway, KFC or McDonald’s. There should be a big boycott now. Only when this happens, America will realise its mistake. Only then will the problem be solved.’ He fully supported the Swadeshi campaign.
American goods are already being boycotted in other parts of the world like France, Britain and Canada. Therefore, if India, with a population of 1.5 billion, now also boycotts the products of American companies, then America may face a serious challenge with huge losses. Prime Minister Narendra Modi has also appealed to people to use Swadeshi products. The Prime Minister has been urging Indians to buy and use Swadeshi products since the beginning.
Criticising US President Donald Trump, the Prime Minister said that the politics of economic greed is going on all over the world and everyone is busy protecting their own interests. On August 6, Trump said that a 25% fine along with a 25% reciprocal duty will be imposed on India. This has come into effect from August 27. Trump wants all countries of the world to impose economic sanctions on Russia, which is fighting against Ukraine. Therefore, Trump has said that India should not buy oil from Russia.
But in a changing time, the Indian Prime Minister has challenged the attitude of America, which has a long history of inciting many small countries of the world against powerful countries. Criticizing US President Donald Trump, the Prime Minister said that the politics of economic interests is going on all over the world and everyone is busy protecting their own interests. On August 6, Trump said that a 25% reciprocal duty along with a 25% fine will be imposed on India. This has come into effect from August 27.
Trump wants all countries of the world to impose economic sanctions on Russia, which is fighting against Ukraine. Therefore, Trump has said that India should not buy oil from Russia. But the Indian Prime Minister and Indian politics, in this changing era, are not ready to accept the US attitude, which has a long history of always provoking many small countries of the world against the powerful countries, at any cost. For this reason, Trump has now tried to retaliate by imposing a 50% tax on India, which did not listen to him.
On August 6, Trump added an additional 25% tax on India to the 25% tax already imposed. He wrote on social media that India is not only buying large quantities of Russian oil, but also selling it for profit in the open market. For this reason, he announced an increase in the tax on India.
The Indian government reacted with restraint, calling it ‘unfair and inappropriate’ and saying that it would ‘take all necessary steps to protect the national interest.’ The tax came into effect from August 27.
Taking the protests further, Aam Aadmi Party MP Ashok Kumar Mittal wrote an open letter to Trump, citing the historic Swadeshi movement of August 7, 1905. He said, “If 1.46 billion Indians today repeat that sentiment and impose strategic restrictions on American businesses, the impact on America will be much more severe than on India.”
Yet, US companies still have a presence in India. Westlife Foodworld Ltd, which operates McDonald’s in western and southern India, reported revenue of Rs 2,390 crore in FY24, up 5% from the previous year. PepsiCo India reported revenue of Rs 8,200 crore, making India one of the world’s top 15 markets. PepsiCo has invested Rs 3,500-4,000 crore in India in the last three years.
But these gains could be jeopardized by public sentiment, political support and influential challenges. Because India stands as an important economic power and ideological position.
