US President Donald Trump has acknowledged a “very good relationship” with India but criticized the country for being “one of the highest tariffing nations in the world.”
In an interview with Breitbart News, Trump stated that he expects India to substantially lower tariffs, adding that from April 2, the US will impose reciprocal tariffs on countries that charge high levies on American goods.
Trump’s Stand on Trade & Tariffs
Trump also referred to the India-Middle East-Europe Economic Corridor as a “group of wonderful nations” working together to counter trade adversaries. However, he emphasized that even US allies, including the European Union and India, impose unfair tariffs on American goods.
During his March 5 address to Congress, Trump reaffirmed his concerns about global trade imbalances, stating that other countries have imposed tariffs on the U.S. for decades and that it is now America’s turn. He specifically pointed to India, highlighting its auto tariffs, which exceed 100 percent.
He announced that from April 2, his administration would impose tariffs on nations that overcharge American exports, including India, China, Brazil, Mexico, Canada, and the European Union.
What’s Next for US-India Trade Relations?
Trump’s stance on trade policies could lead to further negotiations between Washington and New Delhi. While India is considered a key US ally, Trump’s emphasis on “fair trade” signals potential changes in economic relations between the two nations.