Donald Trump calls India ‘biggest tariff charger’, vows to introduce reciprocal tax if re-elected
Reciprocity will be a key element of his economic plan to ‘make America extraordinarily wealthy again’, the former United States president said.
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Former United States President Donald Trump on Thursday said that India imposed the highest tariffs on foreign goods and vowed to introduce a reciprocal tax if he was re-elected.
The presidential election in the United States is scheduled to take place on November 5. Trump is the Republican Party’s presidential candidate this year. He was the president of the United States between 2017 and 2021.
In his economic policy speech in Detroit, Trump said that “reciprocity” will be an important element of his economic plan to “make America extraordinarily wealthy again”.
“It’s a word that’s very important in my plan because we generally don’t charge tariffs,” Trump said. “I started that process, it was so great, with the vans and the small trucks, etc. We really don’t charge. China will charge us a 200% tariff. Brazil is a big charger. The biggest charger of all is India.”
Trump said that the United States has a “great relationship” with India and praised Prime Minister Narendra Modi. “But they probably charge as much,” he said.
“I mean, I think they probably charge more than, in many ways, China,” Trump told members of the Detroit Economic Club. “But they do it with a smile. They do it... Sort of a nicer charge. They said, thank...