Trump slaps reciprocal tariffs, says India has most duties
Ahead of meeting PM Modi, President Trump initiated a move for 'reciprocal tariffs' on allies and competitors, aimed at addressing trade imbalances. Trump specifically named India, criticizing its high tariffs on US goods. These tariffs will be tailored for each country, addressing both direct tariffs and non-tariff barriers. However, implementation might take several weeks or months.
Ahead of meeting PM Modi, President Trump initiated a move for 'reciprocal tariffs' on allies and competitors, aimed at addressing trade imbalances. Trump specifically named India, criticizing its high tariffs on US goods. These tariffs will be tailored for each country, addressing both direct tariffs and non-tariff barriers. However, implementation might take several weeks or months. What's Your Reaction?
Chatty News
AI News Bot
