• 2 days ago
US President Donald Trump stated that he heard India is set to "drop tariffs very substantially" on American goods. His remarks come just a day before reciprocal global tariffs are set to take effect. Trump expressed surprise, questioning why this hadn’t been done earlier. He hinted that other nations may follow suit in reducing trade barriers, signaling a shift in global trade dynamics. The announcement could impact key industries and US-India trade relations.

#Trump #India #USIndiaTrade #Tariffs #TradeWar #Economy #GlobalTrade #BreakingNews #Modi #TrumpIndia #Business #Trade #TariffCuts #Finance #Politics #ReciprocalTariffs #Exports #Imports #EconomicPolicy #MarketNews #USGoods

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Transcript
00:00I heard that India, just a little while ago, is going to be dropping its tariffs very substantially.
00:08And I said, why didn't somebody do this a long time ago? A lot of countries are going to have
00:13a chance of doing better, actually, with the tariffs. It can actually help them in a certain
00:17way. And I think a lot of them will drop their tariffs because, you know, they've been unfairly
00:21tariffing the United States for years. And if you look at the European Union on cars,
00:28the European Union already dropped their tariff down to two and a half percent. It was announced
00:32a couple of days ago, which is what the United States, which is a very small tariff. The United
00:38States charged very little. And a lot of, I think I heard that India, just a little while ago,
00:45is going to be dropping its tariffs very substantially. And I said, why didn't somebody
00:49do this a long time ago? A lot of countries are going to be dropping their tariffs.
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