"I heard India is going to be dropping tariffs": Trump on impact of reciprocal tariffs on allies

Gen Z investors: taking risks to be safe?
Can Rapido change food delivery recipe, break Zomato–Swiggy duopoly?
HDFC Bank vs Lilavati Trust: Fraud allegation, loan dispute, a legal battle
₹1 lakh to ₹80 cr: How forgotten JSW shares made this Redditor a crorepati
China’s rare earth power play sends shockwaves through global auto industry
Make in India Milestone: Tata, Dassault partner to build Rafale fuselages
AI that wasn’t: The unravelling of Builder.ai | OPEN Magazine Special
Apple goes all-in on India: Big stores, bigger sales, serious cash
Jet fuel, commercial LPG cylinder prices cut again; here’s why
Business
Sandeep Rana
01 APR 2025 | 04:17:37

US President Donald Trump has said that he has “heard India is going to be dropping tariffs" on American imports. Trump made this statement while responding to a question regarding the impact on ties with close allies once the reciprocal tariff regime by the United States kicks in on April 2.

ALSO: Why Trump's tariff threat for Russian oil buyers should worry India, China

China, Japan, South Korea Pact

The question was triggered by claims made by Chinese state media that Japan and South Korea, two of the United States' closest allies, have signed an agreement with China to respond together to US tariffs.

ALSO: How Trump's tariffs are a burden on US farmers

Reciprocal Tariffs to Help Allies: Trump

Trump brushed aside concerns regarding strain on ties with close allies once reciprocal tariffs kick in. He expressed confidence that many countries would cut tariffs on American goods after the new regime is implemented and added that he believed the reciprocal tariffs could help some of the US's allies in certain ways.

ALSO: Trump, Iran and the on-again, off-again nuclear deal

The US President said, “I think a lot of them will drop their tariffs because they've been unfairly tariffing the United States for years. If you look at the European Union on cars, the European Union has already dropped their tariff down to 2.5%. It was announced a couple of days ago, which is a very small tariff. The United States charged very little.”

India is Dropping Tariffs: Trump

Talking about ties with India in the context of reciprocal tariffs, Trump stated that he “thought he heard that India, just a little while ago, was going to be dropping its tariffs.” This comes on a day when White House Press Secretary Karoline Leavitt once again called out India for its high tariffs on American goods.

ALSO: Trump’s new tariff impacts India: Billions at stake over Venezuelan oil

US Vows Tariff reciprocity again

Speaking to the media, White House Press Secretary Leavitt stated that India was imposing a 100% tariff on American agricultural products, accusing the country of unfair trade practices and “ripping off the United States.” Leavitt also vowed “reciprocity” as she named the countries that the United States claims have been charging tariffs that “make it difficult” for the US to do business in their markets.

ALSO: US reciprocal tariffs kick in on April 2: How India plans to navigate the trade storm

Logo
Download App
Play Store BadgeApp Store Badge
About UsContact UsTerms of UsePrivacy PolicyCopyright © Editorji Technologies Pvt. Ltd. 2025. All Rights Reserved