This time, Trump threatened to impose high tariffs on Indian products
US President-elect Donald Trump has threatened to impose additional tariffs on Indian products before taking oath. He announced similar plans for Brazil. Donald Trump has been threatening to impose higher tariffs on various countries since the presidential election.
Indian news agency PTI reported that Donald Trump spoke about these issues with reporters at his residence on Tuesday (December 17).
There he said, if any country imposes additional duties on us, then the United States will also impose high rates of tax on the products of that country. They (India) tax us more in almost all cases. But so far we have not imposed any tax on them.
In this context, Trump mentioned two countries, India and Brazil, and said that these two countries impose more taxes on American products.
The newly elected US president also said that there must be transparency in trade. If India imposes a 100 percent tariff on US goods, the US will also impose the same amount of tariff. There is no problem if they impose tariffs on us, but in that case, we will also impose reciprocal tariffs.
Trump’s nominee for Commerce Secretary Howard Latnick made similar comments earlier. He said the policy of mutual benefit is going to be very important in the new government. You should expect to be treated the way you treat us.
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