White House stated India puts a 100% tariff on American agricultural goods
With reciprocal tariffs set to start in from April 2 on nations taxing US on American goods, the White House on Monday listed India among nations it called out for being “unfair” and harmful US exporters with high charges.
According to White House Press Secretary Karoline Leavitt, India puts a 100 per cent tariff on American agricultural goods, making it “absolutely impossible” for US products to attain sure foreign markets.
“These nations have been ripping off our nation for a long way” a news organization PTI report mentioned Leavitt as saying, including that they have announced clean disdain for American employees.
“It’s time for reciprocity,” Leavitt stated and added that the United States President “is going to make ancient changes, and with the intention to occur on Wednesday.”
“Look on the unfair trade practices – 50% tariffs on American dairy from the European Union, a 700% tariff on American rice from Japan, and almost 300% on American butter and cheese from Canada. India’s 100% tariff on American agricultural products only adds to the pressure,” she stated.
Leavitt went on to features how these high tariffs have pushed many US businesses to the brink, making it nearly impossible for American goods to be imported into key markets. To provide an explanation for her point, she displayed a chart that highlighted the tariffs puts through India, Japan, and other nations, with specific consciousness on India’s excessive levies.
April 2 tariffs
US President Donald Trump had earlier defined the present tariffs as “temporary” and “small,” but burdened that the brand new reciprocal tariffs, beginning on April 2, could be a “massive game-changer.”
In February, Donald Trump had stated, “No extra or no less… They charge us a tax or tariff, and we charge the exact same tax or tariff… no body is aware of what that number is… you go to an individual nation and notice what they’re charging us.”
While Leavitt did no longer elaborate at the specifics, she assured the press that Trump’s crew of trade advisors had already shows plans for implementation. These plans, she stated, would make sure that the American people are treated fairly and that reciprocity is on the core of the new tariffs.
“The President will make the statement on Wednesday,” Leavitt concluded, hinting that the impending tariff measures would mark a massive shift in US trade policy.
