India charges lot of tariff: Trump as he threatens to impose reciprocal tax

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India charges lot of tariff: Trump as he threatens to impose reciprocal tax - Business Standard

Quick Summary:

US President-elect Donald Trump has reiterated his intention to impose reciprocal tariffs in retaliation for the high tariff imposed by New Delhi on import of certain American products.Reciprocal.

Trump said India and Brazil were among countries that impose high tariffs on certain US products.

The word reciprocal is important because if somebody charges us India, we don't have to talk about our own if India charges us 100 per cent, do we charge them nothing for the same?