US Hits Back at ‘Unfair’ Trade Practices
President Donald Trump has announced new reciprocal tariffs on several countries, including India and China. Speaking to Congress, he said the United States must act against nations that impose higher tariffs on American goods while benefiting from lower duties on their exports to the U.S.
The new tariffs will take effect from April 2. Trump stated that his administration aims to level the playing field for American businesses. He criticised trade policies that allow foreign companies to thrive at the expense of U.S. manufacturers.
Why India and China?
Trump singled out India and China, claiming they impose steep tariffs on U.S. products. He pointed out that some American goods face tariffs above 100% in these markets, while the U.S. charges far less in return. “Now, it is our turn,” he declared, vowing to take strong action.
Potential Trade War?
The announcement has sparked mixed reactions in the U.S. Some industries support the move, seeing it as protection for American jobs. However, business leaders and economists warn that retaliation from affected countries could lead to higher prices and trade disruptions.
This decision follows previous tariffs on Canada and Mexico, which resulted in countermeasures. With India and China now in focus, analysts fear rising tensions in global trade.
What Happens Next?
As April 2 approaches, businesses and policymakers are watching closely. Will India and China negotiate lower tariffs on U.S. goods? Or will this move trigger new trade barriers? One thing is certain—Trump is determined to reshape U.S. trade policies, no matter the cost.