Washington: US President Donald Trump has doubled down on his plan to impose reciprocal tariff on countries such as India and China.
'They Charge Us, We Charge Them'
"We will soon impose reciprocal tariffs -- they charge us, we charge them. Whatever a company or a country, such as India or China, charges, we want to be fair; hence, reciprocal,” Trump said.
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"We have never done that. We were getting ready to do it until Covid hit," he further added.
'India Has Very High Tariffs'
Before his bilateral meeting with Prime Minister Narendra Modi, Donald Trump commented on India's tariff structure, stating that India has "very high tariffs" and is a "hard place to do business.
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Trump made the remarks during a press conference in which he was asked about the meeting of Tesla CEO Elon Musk with PM Modi.
"They met. I assume he wants to do business in India. But India is a very hard place to do business in because of the tariffs. They have the highest tariffs... It's a hard place to do business. I would imagine he met possibly because he is running a company, he is doing this as something that he has felt strongly about for a long time," Trump said. (With Agency Inputs)
