Trump Predicts Smooth Sailing for India-US Tariff Talks
Washington DC [ US ], March 29 (ANI): US President Donald Trump On Friday (in local time), they showed hopefulness regarding the continuing process. India - US tariff discussed and commended Prime Minister Narendra Modi's leadership, calling him a "highly intelligent individual" and a "remarkable ally."
Addressing journalists during the oath-taking ceremony of 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 elevated 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 this relationship will turn out exceedingly well. India And regarding our nation, I wish to mention that you have an outstanding prime minister,” he added.
Trump's remarks followed Modi's visit. US In February, when the leaders unveiled their plan to initiate negotiations for the initial phase of a comprehensive, cross-industry Bilateral Trade Agreement (BTA) 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 increase. tariff On every vehicle brought into the U.S., a step he referred to as "extremely thrilling" for local production.
The tariff Starting from April 2, this change will affect almost half of all vehicles 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 the same charges. tariff As these countries place restrictions on U.S. products.
Trump said, "We will soon impose reciprocal tariff S—when they impose charges on us, we impose charges on them. Be it a corporation or a nation like India For China, regarding charges, we aim to be fair; thus, they should be mutual."
He stated, "We have never actually carried this out. 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 2. He previously mentioned this fact. US has been exploited for decades by almost every nation on Earth and pledged not to "allow that to continue anymore."
He also discussed the tariff as mandated 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)