Trump's Trade Tactics: Reciprocity and Tariffs

US President-elect Donald Trump reiterated imposing reciprocal tariffs on India for high tariffs on American products. Highlighting India's and Brazil's high tariffs, Trump aims for a fair trade environment. During his election, he labeled India a 'tariff king,' emphasizing reciprocity's importance in trade policies.

U.S. President-elect Donald Trump has renewed his call for reciprocal tariffs on India, criticizing it for levying high tariffs on American goods. Trump made these assertions on Tuesday, pointing to nations like India and Brazil as culprits of high tariff practices.

In a press conference at Mar-a-Lago, Trump clarified his stance on trade, highlighting the concept of reciprocity: 'If they tax us, we tax them the same amount.' His comments suggest upcoming changes in U.S. trade policy, aiming for equal treatment in tariff imposition.

Trump's rhetoric has been consistent since his campaign days, often labeling India as a significant obstacle in fair trade with its high tariff rates on iconic products like Harley-Davidsons. His administration emphasizes this reciprocity as a central theme of their approach to global trade relations.

(With inputs from agencies.)