5Foto© hindustantimes.comTrump says India charges a lot of tariff, threatens to impose reciprocal tax
US President-elect Donald Trump has vowed to impose reciprocal tariffs on India if the country continues to levy high taxes on American goods. Speaking to reporters at his Mar-a-Lago resport on Monday, Trump criticised India's tariff practices, specifically highlighting the 100% tariffs on certain US products.
He made it clear that his administration would adopt a tit-for-tat approach, saying, "If they tax us, we tax them the same amount." Trump's remarks signal a more confrontational trade stance towards India, a country he singled out alongside others like Brazil for imposing what he described as "high tariffs" on US imports.
Trump's comments came as part of a broader conversation about trade relations with major US partners, including China, Mexico, and Canada.