Trump Announces Reciprocal Tariffs on India and Other Nations
On March 4, 2025, U.S. President Donald Trump, in his first address to Congress after beginning his second term, announced that the United States will impose reciprocal tariffs on countries that levy high tariffs on American goods. This move, which will take effect from April 2, targets India, China, the European Union, Brazil, Mexico, and Canada. Trump justified the tariffs as a response to what he called “very unfair” trade practices and high tariffs imposed by these nations. The announcement is expected to impact trade relations significantly, particularly between the U.S. and India.
Summary/Static | Details |
Why in the news? | Trump Announces Reciprocal Tariffs on India and Other Nations |
Effective Date | April 2, 2025 |
Targeted Countries | India, China, EU, Brazil, Mexico, Canada |
Trump’s Justification | Unfair trade practices, high tariffs on U.S. goods |
India’s Tariff Issue | Auto tariffs over 100%, trade barriers |
New U.S. Tariffs | 25% on Canada/Mexico, 10% on China |
Retaliation | Canada: 25% tariff on U.S. goods, China: Up to 15% tariffs |
India’s Trade with U.S. (2024) | $129.2 billion total, $41.8B U.S. exports, $87.4B imports |
Next Steps | Trade negotiations expected between India and U.S. |
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