Vowing to introduce a reciprocal tax if elected to power, former US president Donald Trump has claimed that India imposes the highest tariffs on foreign products. But they do it with a smile, he added.
“Perhaps the most important element of my plan to make America extraordinarily wealthy again is reciprocity. It's a word that's very important in my plan because we generally don't charge tariffs. I started that process, it was so great, with the vans and the small trucks, etc,” Trump said Thursday in a major economic policy speech.
“We really don't charge. China will charge us a 200 per cent tariff. Brazil is a big charger. The biggest charger of all is India,” the Republican presidential candidate said in Detroit.
But he softened the blow by heaping praise on Modi.
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