The White House claims India imposes a 100% tariff on U.S. agricultural products, making exports nearly impossible. President Trump plans to introduce reciprocal tariffs on April 2, calling it a “Liberation Day” for the U.S. Press Secretary Karoline Leavitt emphasized the need for fairness in trade practices and mentioned a knowledgeable advisory team assisting the President.
The White House has accused India of imposing a 100% tariff on American agricultural products, hindering U.S. exports. President Donald Trump has previously criticized high foreign tariffs and announced that April 2 will mark the introduction of reciprocal tariffs, which he describes as “Liberation Day” for the U.S.
Press Secretary Karoline Leavitt remarked that several countries, including India, impose steep tariffs that make it “virtually impossible” for U.S. products to enter their markets. She pointed out that tariffs from the European Union on American dairy stand at 50%, Japan imposes 700% on American rice, and Canada charges nearly 300% on butter and cheese.
Leavitt emphasized the necessity for reciprocal tariffs to rectify this imbalance, highlighting Trump’s intention to make historic changes for the benefit of American workers. She indicated that the details of the forthcoming tariffs would be delineated by President Trump on the announced date.
The press secretary noted that Trump is advised by a specialized team, including prominent members such as U.S. Secretary of Commerce Howard Lutnick and Trade Representative Jamieson Greer. Each advisor has contributed strategies for addressing these trade issues, with Vice President J D Vance also participating in discussions regarding the tariffs.
The U.S. administration firmly believes that significant tariffs imposed by countries like India and others have negatively impacted American exports and jobs. With April 2 set as the launch date for reciprocal tariffs, the administration aims to create more equitable trade conditions for U.S. products abroad. The involvement of a dedicated trade advisory team suggests that careful consideration will be taken in shaping new trade policies.
Original Source: www.livemint.com