Donald Trump restates his proposal for reciprocal tariffs with India: "Preparing to do it"

Donald Trump had declared that the United States would impose retaliatory tariffs on trading partners just hours prior to his bilateral meeting with Prime Minister Modi.

On Saturday, US President Donald Trump declared that his administration would raise taxes on nations such as China and India in return. This reaffirmed his remarks during the recent visit to Washington, D.C. by Prime Minister Narendra Modi.

Since they tax us, we charge them, we will shortly implement reciprocal tariffs. It's really easy. We want to be fair... so reciprocate, regardless of what a corporation or a country, like, say, China or India, charges. Trump reportedly said, "They charge us, we charge them," during the swearing-in of Commerce Secretary Howard Lutnick, according to PTI.

"We have never done that, and we haven't done that. The Republican leader, 78, stated, "We are preparing to do it."

Trump informed Prime Minister Modi on Tuesday that India "will not be spared from Washington's reciprocal tariffs" in a joint interview with Elon Musk that aired on Fox News.

Yesterday, when Prime Minister Modi was present, I informed him, 'Here's what we're going to do: reciprocate. "I'm charging whatever you charge," Trump declared.

Trump also joked that he used to adore the word "tariff," but that he had to push it down to fourth place behind "family," "love," and "God." "I believe we should prioritize God. We don't want to take any chances, so you know why.

Trump declared retaliatory tariffs before to his meeting with Prime Minister Modi.
Trump had declared that the US would slap retaliatory tariffs on trading partners just hours before his bilateral meeting with Modi.

Trump stated in the Oval Office during the proclamation signing, "I've decided for purposes of fairness that I will charge a reciprocal tariff."

Everyone is treated fairly. "No other nation has the right to complain," he continued.

Trump referred to India as a "tariff king" during his first term as US president. He claimed that India had not granted the US "equitable and reasonable access to its markets" and in May 2019 revoked India's preferential market access to the US under the Generalized System of Preferences (GSP).