Trump Confident: Tariffs Will Benefit India-US Relations
Washington DC [ US ], March 29 (ANI): US President Donald Trump On Friday (in local time), showed hopefulness regarding the continuing India - US tariff spoke highly of Prime Minister Narendra Modi's leadership, calling him a "highly intelligent individual" and an "excellent ally."
Addressing journalists during the oath-taking ceremony of the US attorney for New Jersey, Alina Habba , Trump praised Prime Minister Modi's leadership abilities, calling him a "remarkable prime minister."
Trump said, "Prime Minister Modi was here just recently, and we've always been very good friends."
" India one of the most prestigious tariff Leading countries around the globe... They possess remarkable intelligence. Prime Minister Modi is an exceptionally clever individual and a wonderful acquaintance of mine. Our discussions were highly productive. I believe things will turn out extremely favorably between us. India And regarding our nation, I wish to mention that you have an outstanding prime minister,” he added.
Trump's comments came after Modi's visit to the US In February, when the leaders unveiled their plan to reach an agreement on the initial segment of a comprehensive Bilateral Trade Agreement (BTA) across multiple sectors by late 2025, aiming to fortify the economic relationship between both countries.
On Thursday, during an important policy statement at the Oval Office, Trump announced a 25 percent tariff. tariff On every vehicle brought into the U.S., a step he characterized as "extremely thrilling" for local production.
The tariff Starting from April 2, this change will affect almost fifty percent of all cars sold in the United States, encompassing even those assembled abroad under American brands.
This comprehensive initiative seeks to encourage automobile makers to set up additional manufacturing plants inside US borders.
US President Donald Trump had earlier targeted India , stating "they possess the greatest tariff s" and "it's challenging to operate here.
In February, US President Donald Trump stated that he would shortly enforce reciprocity tariff s on countries like India and China stating that the United States would impose similar charges tariff As these countries place restrictions on U.S. products.
Trump stated, "We will shortly implement reciprocal measures." tariff S—when they impose charges on us, we impose charges on them. Whether it’s a corporation or a nation like India For China, the charges should be mutual so that we can remain fair; thus, reciprocity is desired."
He stated, "We have never executed that plan. We were preparing to proceed with it when COVID-19 struck."
Trump also specifically targeted India 's tariff Regarding car imports, stating, " India charges us auto tariff exceeding 100 percent.
When speaking before a joint meeting of the US Congress was informed by Trump that the reciprocal tax would take effect on April 2nd. He previously mentioned this fact. US had been cheated by almost every nation on Earth for years and pledged not to "allow that to continue anymore."
He also discussed the tariff as stipulated by the European Union, China, Brazil, and Mexico, and declared that the US would impose tariff Based on their actions towards other nations, US . (ANI)