4Photo© indiatoday.inDonald Trump vows to impose reciprocal tariff on India, China
US President Donald Trump has said his administration will "soon" impose reciprocal tariffs on countries such as India and China, reiterating what he had said during Prime Minister Narendra Modi's recent visit to the US capital.
Trump was speaking at the swearing-in of Commerce Secretary Howard Lutnick on Friday (local time) when he made the announcement, reiterating what he told Prime Minister Narendra Modi last week during the latter's visit to the US capital.
"We'll soon impose reciprocal tariffs because that means, they charge us, we charge them. It's very simple. Whatever a company or a country, such as let's say, India or China, or any of them, whatever they charge, we want to be fair and so reciprocal. Reciprocal meaning, 'they charge us, we charge them'," Trump said in Washington.