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Trump says India charges a lot of tariff, threatens to impose reciprocal tax

By Economic Times - 6 hours ago
President-elect Donald Trump emphasized his commitment to imposing reciprocal tariffs on countries like India and Brazil that levy high tariffs on US goods. He stated his administration would match tariffs imposed by other nations, ensuring fair trade practices. Trump's Commerce Secretary nominee, Howard Lutnick, echoed this sentiment, highlighting reciprocity as a key principle for the incoming administration.

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