US called India the 'Tariff King', now it is the 'Tariff King' of the world: India's ex-envoy
Former Indian ambassador to Canada, Vikas Swarup, has said, "US called India 'Tariff King'. But now the 'Tariff King' in the world is US because our average tariff is about 15.98%. The US tariff today is 18.4%." "Who will pay for these tariffs? American consumers. So...this is going to ratchet up inflation in America," he added.