Trump: India will face reciprocal tariffs on April 2nd

律动BlockBeats
律动BlockBeats|Mar 20, 2025 06:37
According to BlockBeats, on March 20th, despite Indian officials' eagerness to appease the United States by reducing trade barriers, US President Trump stated that India will be subject to equivalent tariffs starting from April 2nd. Trump said in an interview on Wednesday local time that India is "one of the countries with the highest tariffs in the world". I believe they may significantly reduce these tariffs, but on April 2nd, we will impose equivalent tariffs on them Although Trump has repeatedly stated that India will not be exempted from the tariffs on April 2nd, the tone of Indian officials is more optimistic. Indian Commerce Minister Goyal visited the United States earlier this month and stated that he had "forward-looking discussions" with Trump officials on a trade agreement, with both sides hoping to reach a deal before the fall of this year. (Golden Ten)
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