White House Accuses India of High Tariffs on US Products Ahead of Reciprocal Tariffs
The White House criticized India’s 100% tariff on US farm products, calling it detrimental to exports. President Trump plans to introduce reciprocal tariffs on April 2, endorsed by Press Secretary Leavitt. Emphasizing the need for fair trade, Leavitt highlighted tariffs from various countries, with a focus on equity for the American workforce.
The White House claims that India imposes a 100% tariff on American agricultural products, which hampers US exports significantly. President Trump has criticized such high tariffs from various countries and aims to implement reciprocal tariffs starting April 2, which he labels as “Liberation Day” for the United States.
Press Secretary Karoline Leavitt stated that foreign countries have exploited the US economy, expressing concern over trade practices that adversely affect American workers. She highlighted tariffs like 50% from the EU on dairy, 700% from Japan on rice, 100% from India on agriculture, and nearly 300% from Canada on butter and cheese, making it hard for US goods to compete in these markets.
Leavitt referenced a chart illustrating tariffs imposed by India among others, signaling the need for reciprocal trade policies. She emphasized that significant changes will occur for the American people’s benefit, starting on April 2. Although specific details of the tariffs were not disclosed, Leavitt mentioned they would ensure fairness for American consumers.
Trump had characterized the existing tariffs as “temporary” but mentioned that the upcoming reciprocal tariffs would act as a major shift in policy. Leavitt refrained from revealing the specific ramifications of these tariffs, indicating that Trump will unveil further details soon.
She praised the team of trade advisors working with the President, assuring that they presented plans aimed at achieving fair trade policies. Vice President J.D. Vance is also involved in these discussions, emphasizing the administration’s commitment to equity in trade relations.
In conclusion, the White House’s stance on India’s high tariffs underscores the broader concern over trade imbalances affecting US exports. With reciprocal tariffs set to debut on April 2, the administration is poised to enforce a significant policy shift aimed at safeguarding American interests. The involvement of a strong team of trade advisors further stresses the seriousness with which the current administration is approaching international trade challenges.
Original Source: www.livemint.com
