Trump Commends Modi While Discussing U.S.-India Tariff Talks
President Donald Trump praised Prime Minister Modi, highlighting his intelligence and leadership. He commented positively on ongoing U.S.-India tariff negotiations while announcing a 25% import tariff on vehicles. Trump emphasized reciprocal tariffs to ensure fair trade, noting India’s high tariffs on automobiles. These developments reflect the U.S.’s focus on adjusting trade practices with India and other nations.
On a recent occasion, United States President Donald Trump expressed positive sentiments regarding the ongoing tariff discussions with India, commending Prime Minister Narendra Modi as a “very smart man” and a “great friend.” During a media interaction at the swearing-in ceremony for New Jersey’s attorney Alina Habba, Trump acknowledged Modi’s significant leadership, calling him a “great prime minister” and emphasizing the longstanding friendship between the two leaders.
Trump remarked, “India is one of the highest tariffing nations in the world… They’re very smart. He (PM Modi) is a very smart man and a great friend of mine.” His comments followed Modi’s February visit to the U.S., during which both leaders outlined plans to negotiate a mutually advantageous Bilateral Trade Agreement (BTA) to enhance economic relations by fall 2025.
In a related development, Trump announced a 25 percent tariff on all imported vehicles, a decision he deemed “very exciting” for U.S. manufacturing. Set to begin on April 2, this policy aims to encourage automobile manufacturers to build more facilities within the United States, affecting nearly half of the vehicles sold, including those made by American brands abroad.
Previously, Trump had criticized India for its high tariffs, highlighting that it presents challenges for business operations there. He stated that reciprocal tariffs will soon be applied to nations like India and China, aiming for fairness in trade practices: “Whatever a company or a country, such as India or China, charges, we want to be fair; hence, reciprocal.”
Moreover, Trump specifically noted that India imposes tariffs exceeding 100 percent on automobile imports. He reiterated this during a joint session of Congress, indicating that these tariffs would be invoked on April 2, asserting that the U.S. has been disadvantaged by global trade practices for decades. Trump underscored his commitment to addressing tariffs imposed by various countries, including the European Union, China, Brazil, and Mexico, asserting that the U.S. would respond to each nation according to their actions towards American interests.
In summary, President Trump has shown optimism regarding U.S.-India tariff negotiations, commending Prime Minister Modi’s leadership. He has announced new tariffs aimed at boosting domestic manufacturing while calling for reciprocal trade practices to ensure fairness. Trump’s focus on India’s high tariff rates underscores the complexities of international trade as he seeks to rectify what he perceives as historical injustices against the U.S.
Original Source: www.ndtv.com
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