Trump Unveils 26% Tariffs on India, 32% on China in Economic Strategy
President Donald Trump announced reciprocal tariffs of 26% on India and 32% on China, termed a “declaration of economic independence.” This policy aims to enhance domestic production while addressing trade imbalances. Trump labeled India as ‘very, very tough’ regarding tariffs on U.S. exports.
On April 3, 2025, President Donald Trump announced significant reciprocal tariffs, describing them as a “declaration of economic independence.” The president imposed tariffs of 26% on exports from India and 32% on goods from China during a press conference at the White House. This policy shift reflects Trump’s focus on enhancing domestic production amid economic changes.
During the event titled ‘Make America Wealthy Again,’ President Trump characterized India as “very, very tough” and noted the 52% tariffs that the United States faces on its exports to India. He emphasized that despite his friendly relationship with Prime Minister Narendra Modi, the trade imbalance is not favorable for the United States. This move aims to encourage more equitable trade practices and strengthen the U.S. economy.
In conclusion, President Trump’s introduction of reciprocal tariffs on India and China reflects his administration’s strategy to prioritize domestic production and address trade imbalances. By emphasizing a 26% tariff on Indian exports and a 32% tariff on Chinese goods, he seeks to redefine economic relations and promote American industry.
Original Source: www.timesnownews.com
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