Trump’s reciprocal tarifs: explainers, analysis, videos and views
President Donald Trump Speaks during an event to announce new tariffs in the rose garden at the white house, wedding, wedding, april 2, 2025, in washington | Photo Credit: AP
Us President Donald Trump on April 2, 2025, Unveiled Reciprocal Tarifs in a Meeting Held at the White House, Which are to work as a punishment to countery to count the work, Including SOME of America Closest trading partners.
The day of announcing the reciprocal tariff was claimed by Mr. Trump as the “Liberation Day” for America. “For Decades, our country has been looted, pillaged, raped and plundered by nations near and far, far, bot friend and foe alike,” MR. Trump said while announcing the tariffs.
India was slapped with a 26% “discounted reciprocal tariff”, which is half of the tariff imposed by India on us, “Including Currency Manipulation and Trade Barriers,” According to Chart Mr. Trump Had in His Possession. Earlier, The White House Documents Showed a 27% duty on India. However, as per the later updates, it has been revised downwards to 26%.
Initially, Mr. Trump Announced a Tariff Rate of 34% China, which was laater hiked to 125% on april 9, 2025. It was beMingly an attempt to narrow what has been an unprecedented trade war between the us and most of the world to a showdown between the us and China.
Published – April 14, 2025 01:06 pm IST
