Donald Trump Warns India: Donald Trump, who has been appointed as the new President of America, has made it clear even before assuming power that the policy of America First is paramount for him. Even before assuming power as the US President, Trump has warned India along with China. Recently, he had talked about increasing tariffs on BRICS countries including India. Now he has again warned that there will be tax in return for tax, we will tax them as much as they tax us.
'Whatever tax you impose, we will also impose the same'
Trump warned India that if India imposes tax on us, we will also impose the same tax on India. He said that tax is reciprocal. If they impose tax on us, we will also impose the same tax on them. Trump said that they impose heavy tax on almost all the goods of America and we are not imposing tax on them, but now this will not happen. In response to a question on a possible trade agreement with China, he said that India and Brazil are among the countries that impose high tariffs on some American products.
Why did Trump warn India?
America's newly elected President Donald Trump said that India imposes very high duties on some of America's products and he has once again talked about imposing similar high duties on Indian products in return. He said that it is generally seen that if they impose duty on us, we also impose the same duty on them. In almost all cases, they are imposing duty on us, while we are not imposing duty on them.
He made this comment in response to a question on a possible trade deal with China. Trump said that India and Brazil are among the countries that impose very high tariffs on some American products. Trump said in a press conference at Mar-a-Lago, if India charges 100 percent duty on us, will we not take anything in return?
Do the same to someone as he does
You know, they send bicycles and we send them bicycles. They charge us 100 and 200 percent duty. India charges very high duty. Brazil also charges very high duty. If they want to charge us, that's fine, but we will charge them more in the same way. Howard Lutnick, the Commerce Minister nominated for the upcoming Trump administration, said that repaying one as one does is going to be an important topic for the Trump administration. He said, you should expect to be treated the same way you treat us.
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