World

Trump Believes India May Lower Tariffs On US, But Reiterates April 2 Deadline

by aweeincm

<p>US President Donald Trump said on Wednesday that he believes India will likely lower the tariffs imposed on American goods, but reiterated the April 2 deadline.&nbsp;</p>
<p>In an interview with Breitbart News on Wednesday, Trump said:&nbsp;”I believe they’re going to probably going to be lowering those tariffs substantially, but on April 2, we will be charging them the same tariffs they charge us.”&nbsp;</p>
<p>President Trump has repeatedly emphasised the April 2 deadline ever since he announced retaliatory tariffs against several countries imposing high duties on American imports, including India.</p>
<p>In a post on Truth Social, a social media platform he owns, Trump referred to April 2 as “Liberation Day for America.” Recently, Prime Minister Narendra Modi also joined Truth Social. <br /><br />The development comes just days after Trump made a similar claim regarding India’s agreement to reduce tariffs, adding that “Somebody is finally exposing them for what they’ve done.”</p>
<p>”India charges us massive tariffs. Massive. You can’t even sell anything in India… But they have agreed, by the way; they want to cut their tariffs way down now because somebody is finally exposing them for what they’ve done,” Trump said.</p>
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<p>Previously, Trump had called India a “tariff king” and a “big abuser” during a White House press conference with Prime Minister Narendra Modi where he was discussing trade barriers and pointing out at the challenges of selling to India.</p>
<p>Following this, White House Press Secretary Karoline Leavitt had slammed India during a press briefing, claiming that it imposes a 150 percent tariff on American alcohol and a 100 percent tariff on agricultural products.</p>
<p>”I have a handy-dandy chart here that shows not just Canada, but the tariffs across the board. If you look at Canada, since you brought it up, American cheese and butter face nearly a 300 percent tariff. You look at India, where there’s a 150 percent tariff on American alcohol. Do you think that’s helping Kentucky bourbon get exported to India? I don’t think so. There’s also a 100 percent tariff on agricultural products from India,” she said.</p>
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