‘India charges a lot’: Donald Trump reiterates threat of imposing reciprocal tax

United States President-elect Donald Trump has reiterated his intention to impose reciprocal tax on India, stating that New Delhi imposes high tariffs on foreign goods, PTI reported on Wednesday.

“The word reciprocal is important because if somebody charges us – India, we do not have to talk about our own – if India charges us 100%, do we charge them nothing for the same?” Trump said at a news conference.

The comment was in response to a question about a potential trade agreement with China.

The president-elect said that India and Brazil were among the countries that charge high tariffs on US products.

“You know, they send in a bicycle and we send them a bicycle,” he said. “They charge us 100 and 200. India charges a lot. Brazil charges a lot. If they want to charge us, that’s fine, but we’re going to charge them the same thing.”

Howard Lutnick, the person Trump has selected as his commerce secretary, also stated that “reciprocity” is going to be a key matter for the incoming administration, PTI reported.

“How you treat us is how you should expect to be treated,” said Lutnick.

In the run-up to the elections, Trump, who was the president of the United States between 2017 and 2021, vowed to introduce a reciprocal tax if he...

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