Donald Trump threatens to impose reciprocal tax on India
Hindustan Times Gurugram|December 19, 2024
US President-elect Donald Trump has said that India charges "a lot" of tariff, reiterating his intention to impose reciprocal tariffs in retaliation for what New Delhi will impose on the import of certain American products.
Press Trust of India

WASHINGTON:

Trump made these remarks on Tuesday and also said that India and Brazil were among countries that impose high tariffs on certain US products.

"Reciprocal. If they tax us, we tax them the same amount," Trump told reporters on Monday. He made the remarks while responding to a question on a potential trade agreement with China.

Trump said India and Brazil were among countries that impose high tariffs on certain US products.

"The word reciprocal is important because if somebody charges us—India, we don't have to talk about our own—if India charges us 100%, do we charge them nothing for the same?," Trump said.

Esta historia es de la edición December 19, 2024 de Hindustan Times Gurugram.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición December 19, 2024 de Hindustan Times Gurugram.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE HINDUSTAN TIMES GURUGRAMVer todo
Hindustan Times Gurugram

Food, drinks, and soulful beats set the mood for Odella's launch

It was a starry weekend in Green Park as founders Nipun Khanna and Samir Aggarwal hosted the grand launch of Odella.

time-read
1 min  |
December 19, 2024
Hindustan Times Gurugram

India has every reason to be proud: Shahana on Santosh being shortlisted for Oscars nom

Actor Shahana Goswami's film Santosh, has inched closer to being nominated for the International Feature Film category in the 2025 Academy Awards.

time-read
1 min  |
December 19, 2024
Hindustan Times Gurugram

Unbreakable Santosh back to rallying with an eye on Dakar

Astride a rally spec of Royal Enfield Himalayan 450, CS Santosh was riding through the dirt on the banks of the Egidillo river in Spain when memories of him flying through the dunes at the Dakar Rally flashed across his mind.

time-read
3 minutos  |
December 19, 2024
Hindustan Times Gurugram

Caught Rahane, bowled Ashwin

Given a choice, R Ashwin would have liked to have Ajinkya Rahane permanently at slips for his bowling, such was their combination.

time-read
2 minutos  |
December 19, 2024
Hindustan Times Gurugram

Now, becoming the best player in the world is what I care about most

What must it be like to fulfil your life's greatest dream at 18? It's been less than a week since Gukesh D became world champion, beating China's Ding Liren, and the Indian teen is still wrapping his head around this delightful predicament.

time-read
2 minutos  |
December 19, 2024
Hindustan Times Gurugram

India leave the Gabba with honours even

At almost all times during the Brisbane Test, Australia were ahead of the game.

time-read
2 minutos  |
December 19, 2024
Hindustan Times Gurugram

Thinking bowler who could at will outwit batsmen

The off-spinners' club lost its brightest star when R Ashwin announced his retirement in Brisbane on Wednesday.

time-read
3 minutos  |
December 19, 2024
Hindustan Times Gurugram

Nissan, Honda may gain in India from potential merger

MERGER COULD ALIGN THE FIRMS' ELECTRIFICATION AND SOFTWARE DEVELOPMENT COLLABORATION

time-read
2 minutos  |
December 19, 2024
Hindustan Times Gurugram

Donald Trump threatens to impose reciprocal tax on India

US President-elect Donald Trump has said that India charges \"a lot\" of tariff, reiterating his intention to impose reciprocal tariffs in retaliation for what New Delhi will impose on the import of certain American products.

time-read
1 min  |
December 19, 2024
Hindustan Times Gurugram

INDIA'S RECORD GOLD IMPORT WAS DUE TO AN ERROR IN CALCULATION

A surge in gold imports that widened India's trade deficit to a record last month and pushed the rupee to an all-time low was due to an error in calculation, according to people with knowledge of the matter.

time-read
1 min  |
December 19, 2024