President-elect Donald Trump has issued a warning to India, threatening retaliatory taxes just days before his inauguration. Trump cited India’s “high tariffs” on American imports as the reason for his statement.
The move signals potential tension in U.S.-India trade relations. India has imposed trade barriers on certain American imports, affecting sectors such as pharmaceuticals, IT, textiles, and garments. Trump’s threat aims to match these barriers with reciprocal tariffs.
The development has sparked concerns about the impact on bilateral trade. India is a significant market for American goods, and any trade restrictions could have far-reaching consequences. Trump’s statement has also raised questions about his administration’s approach to international trade.
As Trump prepares to take office, all eyes are on how he will navigate complex trade relationships, including those with India.
