In a recent interview with Fox News, U.S. President Donald Trump stated that he had informed Indian Prime Minister Narendra Modi that India would not receive an exemption from Washington’s reciprocal tariffs.
Trump stressed that any tariff imposed by India would be met with an equivalent tariff from the U.S. in return.
This decision aligns with Trump’s broader approach to addressing unfair trade practices.
He also pointed out the difficulties caused by India’s high tariffs, particularly in industries like automobiles, reinforcing his position that reciprocal tariffs would create a fairer trade environment.
