Trump's comments came hours after the US imposed additional 25% import duties on all major imports from Canada and Mexico, and put an additional 10% tariff on China. While Canada and China retaliated immediately, the US commerce secretary Howard Lutnick later sought to de-escalate the situation a bit by saying a deal was possible with both countries that would lead to lower tariffs "landing somewhere in the middle."
"On average the European Union, China, Brazil, India, Mexico and Canada and countless other nations charge us tremendously higher tariffs than we charge them...(on) April 2 reciprocal tariffs (will) kick in and whatever they tariff us, we will tariff them," Trump said in his first address to the Congress after assuming presidency.
If Trump's threats are carried out, reciprocal tariffs would come at a time when India prepares for negotiating the first tranche of the bilateral pact with the US. Goyal is slated to open a new channel of communication with the US' newly appointed trade officials during the ongoing visit and a meeting with the US Trade Representative Jamieson Lee Greer is likely soon.
この記事は Financial Express Delhi の March 06, 2025 版に掲載されています。
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この記事は Financial Express Delhi の March 06, 2025 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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