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Reciprocal Tariffs 'Soon' for India, China: Trump
Financial Express Lucknow
|February 23, 2025
• Reiterates stance on tariff structures with India
US PRESIDENT DONALD Trump has said that 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 when he made the announcement, reiterating what he told PM Modi last week.
"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... so reciprocal. Reciprocal meaning, 'they charge us, we charge them,'" Trump said in Washington.
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