Trump sets April 2 for reciprocal tariff, Goyal in US for new trade deal – Firstpost
2 weeks, 6 days ago

Trump sets April 2 for reciprocal tariff, Goyal in US for new trade deal – Firstpost

Firstpost  

With weeks until Trump’s proposed retaliatory tariffs, commerce minister Piyush Goyal embarked on a trip to the United States on Monday to conduct trade negotiations with his US counterpart Howard Lutnick US President Donald Trump criticised the high tariffs charged by India and other countries, terming them as “very unfair” and announced reciprocal tariffs from April 2 on nations that impose levies on American goods. With weeks until Trump’s proposed retaliatory tariffs, commerce minister Piyush Goyal embarked on a trip to the United States on Monday to conduct trade negotiations with his US counterpart Howard Lutnick, Reuters reported. In February, President Trump said that his administration would “soon” impose reciprocal tariffs on countries such as India and China, reiterating what he had said during Prime Minister Narendra Modi’s visit to the US capital last month. Trump has made it clear to Prime Minister Modi that India would not be exempt from Washington’s reciprocal tariffs, stating that “nobody can argue with me” over tariff structure.

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