US President-elect Donald Trump has stated his plan to impose reciprocal tariffs on countries, including India, that levy high duties on American goods. Speaking to reporters at his Mar-a-Lago resort on Monday, Trump criticised India’s tariff practices, specifically highlighting the 100% tariffs on certain US products.
He made it clear that his administration would adopt a tit-for-tat approach, saying, “If they tax us, we tax them the same amount.” Trump’s remarks signal a more confrontational trade stance towards India, a country he singled out alongside others like Brazil for imposing what he described as “high tariffs” on US imports.
“The word reciprocal is important because if somebody charges us – India, we don’t have to talk about our own – if India charges us 100 per cent, do we charge them nothing for the same? You know, they send in a bicycle and we send them a bicycle. They charge us 100 and 200. India charges a lot. Brazil charges a lot. If they want to charge us, that’s fine, but we’re going to charge them the same thing,” Trump said at a news conference at Mar-a-Lago.
In response to Donald Trump threats, Canada’s government has already proposed a CAD 1.3 billion investment in border security to reduce the flow of migrants and drugs, Reuters reported.
As part of this initiative, Canada intends to grant additional powers to its border services to inspect goods destined for export to the United States.
The Canadian government’s announcement follows a surge in migrant detentions along the Canada-US border, with more than 23,000 people detained in the 12 months leading up to October, compared to just 10,000 the year before.
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