Washington: US President Donald Trump has claimed that India is set to “drop its tariffs substantially,” a move that comes just before his administration rolls out new reciprocal trade policies on April 2, a day he has dubbed “Liberation Day.”
Speaking at a press conference on Tuesday, Trump said, “I think I heard that India just a little while ago is going to be dropping its tariffs very substantially, and I said why didn’t somebody do this a long time ago.”
His remarks come amid heightened global anticipation over the US’s new trade policies, which are expected to impose retaliatory tariffs on nations Washington believes have unfairly targeted American exports.
US Calls Out India’s High Tariffs on American Goods
The White House has placed India among countries accused of imposing excessive tariffs that hinder American trade. White House Press Secretary Karoline Leavitt criticized India’s tariff structure, particularly on US agricultural products.
“These countries have been ripping off our nation for far too long,” Leavitt said, according to a PTI report. She added, “You have 100% tariff from India on American agricultural products,” making it “virtually impossible” for US goods to enter certain markets.
Leavitt also signaled that the European Union, Japan, and Canada could be among the targets of Trump’s upcoming tariff measures, stating, “This makes it virtually impossible for American products to be imported into these markets.”
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‘Liberation Day’ Tariff Plan to Be Unveiled
Trump is set to announce a comprehensive trade overhaul on April 2, calling it “Liberation Day.” His administration has framed these tariff policies as an effort to enforce “reciprocity” in global trade, ensuring fair market access for American exporters.
“It’s time for reciprocity,” Leavitt asserted. “The US President is going to make historic changes, and that will happen on Wednesday.”
With Washington gearing up to impose its new levies, all eyes are on how India and other global economies will respond to these trade measures.
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