U.S. President Donald Trump on Thursday (March 6, 2025) attacked India’s tariffs regime, saying it’s subsequent to not possible to promote something to India due to the “high tariffs.”
Speaking to reporters, Mr. Trump centered on the tariffs his administration shall be placing in impact quickly.
However, Mr. Trump additionally revealed that India has agreed to slash its tariffs considerably, allegedly as a result of “somebody is finally exposing them for what they have done.”
Speaking from the White House, Mr. Trump said, “India charges us massive tariffs. Massive. You can’t even sell anything in India… They have agreed, by the way; they want to cut their tariffs way down now because somebody is finally exposing them for what they have done.”
This improvement comes as the U.S. prepares to introduce reciprocal tariffs on international locations that impose excessive levies on American items.
The reciprocal tariffs, set to take impact on April 2, will mark a big shift within the U.S. commerce coverage. Mr. Trump has emphasised that the U.S. will now not tolerate being taken benefit of by different nations, significantly these with high-tariff regimes, together with India.
Trump’s tariff struggle | Is India ready to cope with it?
Speech in Congress
Earlier on Tuesday, Trump focused India’s import duties in a speech to a joint session of Congress. Trump particularly focused India’s tariffs on car imports, saying, “India charges us auto tariffs higher than 100 per cent.”
While addressing a joint session of the U.S. Congress, Trump mentioned that the reciprocal tax would kick in on April 2. He mentioned that almost each nation on earth has ripped off the U.S. for many years and vowed to not “let that happen any longer.”
Mr. Trump mentioned, “ Under the Trump administration, you will pay a tariff and, in some cases, a rather large one. Other countries have used tariffs against us for decades, and now it’s our turn to start using them against those other countries. On average, the European Union, China, Brazil, India, Mexico, Canada, and countless other nations charge us tremendously higher tariffs than we charge them. It’s very unfair. India charges us auto tariffs higher than 100%.”
The introduction of reciprocal tariffs is predicted to have far-reaching implications for international commerce. As the U.S. seeks to rebalance its commerce relationships, different international locations shall be compelled to reassess their very own tariff insurance policies.
Notably, in February, Mr. Trump introduced 25% tariffs on imports from Canada and Mexico and a further 10% on items from China.
Published – March 08, 2025 10:24 am IST
