Trump's latest on trade deal: 'May slap India with 20-25% tariff'
President Trump indicated a potential 20-25% tariff on Indian goods, slightly less than the previously announced 26%, amidst ongoing trade negotiations. He stated India's high tariffs prompted the consideration, despite acknowledging their friendship. This levy positions India competitively with Bangladesh in textiles, but behind Vietnam and Indonesia.
President Trump indicated a potential 20-25% tariff on Indian goods, slightly less than the previously announced 26%, amidst ongoing trade negotiations. He stated India's high tariffs prompted the consideration, despite acknowledging their friendship. This levy positions India competitively with Bangladesh in textiles, but behind Vietnam and Indonesia.
