look news india
Donald Trump’s tax comments come amid broader negotiations over trade relations with key US partners including China, Mexico and Canada. It is also clear that the issue of tariffs has long been a hot topic in US-India trade relations. In such a situation, Trump’s statement is indicating a tough stance during his new tenure.
The next President of America, Donald Trump, has given a big statement regarding India before taking office. He said something about the tax imposed on American goods sent to India, which the Indian government can consider. He said that America will impose the same tax on Indian goods as India imposes tax on American goods.
Meanwhile, he reiterated his intention to impose similar high taxes (reciprocal tariffs) in response to the high taxes (high tariffs) imposed on imports of American goods by all countries. While talking to the media, Trump said that if someone imposes tax on us, we will also impose the same tax on him. If India will tax us, we will also tax them. They tax almost everything we do and we don’t tax them.
‘India imposed high tariff on American goods’
When asked about a possible trade deal with China, Trump said that whoever taxes us, we will treat him the same. Trump said that many countries including India and Brazil impose high tariffs on American goods.
Why the warning for India?
He said that this is very important from mutual point of view. If someone imposes tax on us, like India. We don’t need to talk about ourselves. If India charges us 100 percent duty, why shouldn’t we? They send us bicycles. We also send them bicycles. They take Rs 100-200 from us. Trump said that there are too many taxes in India. Brazil also does the same. If they want to tax us that’s fine, but we will do the same.