Trump Says Reciprocal Tariffs on India Due to High Import Taxes
February 14, 2025
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1:22Now PlayingTrump Says Reciprocal Tariffs on India Due to High Import Taxes
YouTube Description
as posted by the channelStanding next to Indian Prime Minister Narendra Modi, Trump criticized India for having high tariffs as he said the U.S. would do the same to them with import taxes.
“Whatever India charges, we charge them,” Trump said at a joint news conference. “So frankly, it no longer matters to us that much what they charge.”
Trump said he wanted to levy “reciprocal” tariffs against all trade partners during his first term. But he said the coronavirus pandemic interrupted his efforts and left him not feeling “really in the mood” to launch tariffs that could trigger a broader trade conflict.
Earlier on Thursday, Trump signed a presidential memorandum that promised a review to establish tariffs that the U.S. president felt would be fair, under the premise that it could raise revenues and lead to negotiations for better trade terms.
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