US President Donald Trump on Friday announced that he would soon impose mutual tariffs on countries like India and China, saying that the United States would charge the same tariff that these nations have been imposed on American goods.
Trump said, “We will soon impose mutual tariffs – they charge us, we accuse them. Whatever company or a country, such as India or China, allegations, we want to be fair; therefore, mutual. “
He said, “We have never done this. We were getting ready to do it until Kovid becomes a hit.”
#Watch Washington | US President Donald Trump says, “… We will soon impose mutual tariffs – they charge us, we accuse them. Whatever company or a country, such as India or China, allegations, we want to be fair Hence, we have never done this. pic.twitter.com/8q2xbetfxe
– Annie (@ani) 21 February, 2025
Last week, before his bilateral meeting with Prime Minister Narendra Modi, Trump commented on India’s tariff structure, stating that “he has the highest tariff” and “it’s a difficult place to do business”.
Trump commented during a press conference in which he was asked about the meeting of Tesla CEO Elone Musk with PM Modi.
“They meet. I think he wants to do business in India. But India is a very difficult place to do business due to tariff. They have the most tariffs … It is a difficult place to do business . I think he will imagine because he is running a company, doing something that he has felt strongly for a long time, “said Trump.
Speaking on the issue of mutual tariffs, Trump highlighted India’s previous trade policies citing Harley-Davidson motorcycles case, as an example of how to bypass excessive import duties to American companies abroad Construction units are forced to install.
“Traditionally, India is very correct at the top of the pack. There are some small countries that are actually more, but India charges tremendous tariffs. I remember when Harley Davidson does not have its motorbikes in India due to this fact that Harley Davidson Could have sold that due to the fact that in India – the tax was so high, the tariff was so high, and the Harley was forced to make, “he said, the American network pool through the Reuters said.
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