President Trump has criticized India’s “massive tariffs,” claiming they prevent US sales in the Indian market. He expressed hope that India would reduce these tariffs, framing the issue as part of unfair trade practices that other countries have used against the US for years. His administration continues to promote reciprocal tariffs in response to perceived inequities.
US President Donald Trump has reiterated claims that India imposes “massive tariffs” that hinder American sales in the country. At a press conference, he stated that these tariffs are exorbitant and conveyed optimism that India would reduce them, addressing the issue as a trade imbalance that has been long-standing.
During his tenure, Trump has been critical of several nations, including India, for their high tariff rates. He emphasized this in a recent congressional address, stating that various countries impose much higher tariffs on US goods compared to what is charged in the US.
Specifically, Trump mentioned that India levies auto tariffs exceeding 100%. This criticism aligns with his broader strategy, which has included imposing tariffs up to 25% on imports from countries like Canada and Mexico.
Trump proposed that from April 2, the US would adopt tariffs matching those charged by other countries, promoting an aggressive trade policy. His stance reflects a desire for reciprocal trade terms, which he summarized as “an eye for an eye, a tariff for a tariff.”
In a joint press conference with Indian Prime Minister Narendra Modi, Trump acknowledged India’s strong stance on tariffs, suggesting that such trade barriers make it challenging to access the Indian market. Recent reports indicated substantial trade volumes, with total goods trade reached an estimated USD 129.2 billion in 2024, showcasing the significance of this relationship despite tariff challenges.
President Trump’s remarks highlight ongoing tensions over trade tariffs between the US and India. He emphasizes feelings of unfairness regarding tariff rates, claiming they impede trade. His administration’s policies reflect a broader trend of using tariffs as leverage, aiming for fairer trade by aligning US tariffs with those imposed by other nations. This situation remains a focal point in US-India economic relations.
Original Source: www.ndtv.com