During a major economic policy speech, U.S. Republican presidential candidate Donald Trump vowed to introduce a reciprocal tariff policy if re-elected, citing India’s high tariffs on U.S. goods. He claimed that India imposes the “highest tariffs with a smile” and emphasized the need for reciprocity to bolster America’s wealth.
“Perhaps the most important element of my plan to make America extraordinarily wealthy again is reciprocity. We generally don’t charge tariffs… The biggest charger of all is India,” Trump said, while also praising Indian Prime Minister Narendra Modi as a “great leader” and “great man.”
Recalling his presidency, Trump brought up his discussions with Harley-Davidson executives, who informed him about India’s 150% tariff on their motorbikes. He also reminisced about the ‘Howdy Modi’ event in Houston, where he shared a strong connection with Modi, calling the Indian PM “a total killer” when it comes to defending India.
Trump’s comments further highlighted his intent to tackle foreign tariff policies to promote fairer trade practices for the U.S. economy.
