Trump vows reciprocal tariffs on India, calls it the biggest tariff charger2Photo1Video© hindustantimes.com

Trump vows reciprocal tariffs on India, calls it the biggest tariff charger

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Vowing to introduce a reciprocal tax if elected to power, former U.S. president Donald Trump has claimed that India imposes the highest tariffs on foreign products. But they do it with a smile, he added.

“Perhaps the most important element of my plan to make America extraordinarily wealthy again is reciprocity. It's a word that's very important in my plan because we generally don't charge tariffs. I started that process, it was so great, with the vans and the small trucks, etc,” Mr. Trump said Thursday (October 10, 2024) in a major economic policy speech.

“We really don't charge. China will charge us a 200 per cent tariff. Brazil is a big charger. The biggest charger of all is India,” the Republican presidential candidate said in Detroit.

It’s a word that’s very important in my plan because we generally don’t charge tariffs,
Donald Trump,
Donald Trump calls India ‘biggest tariff charger’, vows to introduce…
I mean, I think they probably charge more than, in many ways, China,
Donald Trump,
Donald Trump calls India ‘biggest tariff charger’, vows to introduce…
They said, if you go there and build your plant, we’re not going to charge you anything,
Donald Trump,
Donald Trump calls India ‘biggest tariff charger’, vows to introduce…
They probably charge as much, if not more than China,
Donald Trump,
Trump vows reciprocal tariffs on India, calls it the biggest tariff…