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Donald Trump reiterates reciprocal tariffs plan for India: ‘Getting ready to do it’
US President Donald Trump said on Saturday that his administration would impose reciprocal tariffs on countries like India and China. This reiterated what he had said during Prime Minister Narendra Modi's recent visit to Washington, D.C.
“We'll soon impose reciprocal tariffs because that means, they charge us, we charge them. Its very simple. Whatever a company or a country, such as let's say India or China or any of them, whatever they charge, we want to be fair ... so reciprocal. Reciprocal meaning, 'they charge us, we charge them',” Trump as saying at the swearing-in of Commerce Secretary Howard Lutnick.
“We haven't done that, we have never done that. We are getting ready to do it,” the 78-year-old Republican leader said. Last Tuesday, Trump in a joint interview with Elon Musk told that he made it clear to PM Modi that India “will not be spared from Washington's reciprocal tariffs”. “I told Prime Minister Modi yesterday - he was here - I said, 'Here's what we're going to do: reciprocal. Whatever you charge, I'm charging'," Trump said.