US President Donald Trump, in his joint address to Congress on Tuesday, said that the United States will impose reciprocal tariffs against India and China from April 2. During his speech, he criticised India and other countries for imposing high import tariffs, stating that this move was part of his plan to make “America great again.”
Trump also mentioned that he initially wanted to impose the reciprocal tariffs from 1 April but decided against it, saying he would be “accused of April Fool’s Day.”
“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 and Canada—have you heard of them?—and countless other nations charge us tremendously higher tariffs than we charge them. It’s very unfair,” Trump said.
Trump emphasised that India charges over 100% in tariffs, China charges us twice what we charge them, and South Korea’s tariffs are four times higher.
Trump said that this is “happening by friends and foe, as the system is not fair to the US; it never was. On April 2, reciprocal tariffs kick in. Whatever they tax us, we will tax them”
Earlier in February, President Trump announced that his administration would "soon" impose reciprocal tariffs on countries like India and China. This was the repetition of the same thing he had said during Prime Minister Narendra Modi’s visit to Washington last month.
Impact Shorts
More ShortsTrump made it clear to PM Modi that India would not be exempt from these tariffs and stressed that “nobody can argue with me” about the tariff structure.
Since his election campaign last year, Trump has repeatedly criticised India’s high tariffs, even calling the country a “big abuser” of trade.
Before meeting PM Modi at the White House, he signed an executive order to impose reciprocal tariffs on imports from countries with high tariffs on US goods.
Since taking office, Trump has already introduced tariff measures, including a 25 per cent duty on imports from Canada and Mexico and a 10 per cent duty on imports from China.