Donald Trump Announces 26 Percent Tariff on Indian Imports
US President Donald Trump has announced a 26 percent tariff on imports from India during the ‘Liberation Day’ event at the White House. He praised Prime Minister Modi but criticized India’s trade practices, insisting that the current terms were unfavorable for the United States.
On a significant occasion dubbed ‘Liberation Day,’ US President Donald Trump announced the imposition of a 26 percent tariff on imports from India. This declaration took place in the Rose Garden of the White House, where he emphasized the importance of the event.
President Trump proclaimed, “My fellow Americans, this is Liberation Day, waiting for a long time. April 2nd, 2025, will forever be remembered as the day American industry was reborn, the day America’s destiny was reclaimed, and the day that we began to Make America Wealthy Again.”
While expressing admiration for Indian Prime Minister Narendra Modi as a ‘great friend,’ Trump criticized India’s trade practices, stating that the country was not treating the United States fairly. He noted, “India is very, very tough. The Prime Minister just left and is a great friend of mine, but you are not treating us right. They charge us 52 percent and we charge them almost nothing.”
In summary, President Trump’s announcement of a 26 percent tariff on imports from India marks a pivotal moment in U.S.-India trade relations. His comments reflect a desire to assert American interests in international trade and call for more equitable trading practices. The proposed tariffs underline the administration’s commitment to revitalizing American industry and rebalancing trade with partners like India.
Original Source: www.hindustantimes.com
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