Donald trump on tariff: US President Donald Trump has said before imposing a counter custody on major trading partner countries from April 2 that India will make a huge cut in its fee rates. Trump said this about India in a conversation with reporters on Monday (31 March 2025) at the Oval Office located at the official residence White House.
Donald Trump has often described India as a very high fee country. In this sequence, he has announced the imposition of retaliation on imported products from some other countries besides India from April 2. When asked about this, the US President said, “I think many countries will cut their fees, because they have been imposing improper fees on America for years. If you look at the European Union, it has already reduced its fee by 2.5 per cent on cars.
‘India will drastically cut its tariff’
He said, “Just some time ago I heard that India is going to make a big cut in its fee. Why did no one do this long ago? Many countries are going to cut their fees. ”Trump’s counter -duty policy is based on tit theory. This means that America will impose the same duty on imported goods from countries that these countries impose on American products. Apart from India, there is a possibility of special effect on China, European Union, Canada and Mexico.
A few hours before Trump’s latest comments, the White House said that India imposes 100 percent fee on US agricultural products. He said that the high fees levied by other countries have almost made the import of American products to those countries. White House Press Secretary Caroline Lewit said on Monday, “Unfortunately, these countries have been looting our country for a very long time. I think he has made his neglect clear about American employees.
‘Americans were dropped from business’
He said, “The improper trade practices of these countries make it almost impossible to import American products in these markets. It has excluded many Americans from business and work in the last several decades.
Caroline Levit said, “This is a time for a President to take the right steps for American people, make historical changes.” And this is going to happen on Wednesday. ”However, Levitt did not give any special information about what kind of fees will be and which countries will have an impact.
‘Trump has a brilliant team’
He said, “The President will announce it on Wednesday, but it will certainly ensure that their fees are responded to and behave properly with the American people.” He said that Trump has a great team of business advisors, including Commerce Minister Howard Lutnik, Finance Minister Scott Besant, American Business Representative Jamison Greer. Apart from this, Vice President JD Vance was also deeply involved in the conversation.
Also read: America accused India of imposing 100% tariff, will we increase India’s difficulties from April 2
https://www.abplive.com/news/world/donald-trump-claim-india-will-make-huge-cuts-in-its-tariffs-before-us-imposing-reciprocal-tariffs-2916786