
Trump again slams India as 'high tariff nation' as Modi govt looks to avoid heavy blows
Donald Trump has once again criticised India’s trade policies, calling it a «very high tariff nation» and warning that reciprocal tariffs will come into effect on April 2. Speaking at an Oval Office event on Thursday, Trump described the upcoming levies as «the big one» among the many duties his administration has planned.
India is expected to be hit particularly hard by these measures due to its high tariffs compared to the US. The comments come as Indian Commerce Minister Piyush Goyal is in Washington for discussions with Trump administration officials on trade policy between the two nations.
Trump, known for his strong stance on trade, has repeatedly accused India of imposing unfair trade barriers that hurt American businesses. He has previously called India the «biggest tariff abuser» and the «tariff king.»
His latest remarks follow a meeting between Indian Prime Minister Narendra Modi and Trump at the White House in February, where both leaders agreed to boost bilateral trade to $500 billion by 2030. They also pledged to finalise a trade deal by autumn this year. Indian officials hope that ongoing negotiations could help India secure relief from the impending tariffs.
Trump has not clarified whether any countries will be exempt from the new duties. However, he has granted major reprieves to Mexico and Canada, exempting certain goods covered under the USMCA trade agreement from his 25% tariffs.
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, IT