Donald Trump warns India on tax issue

 

 

US President-elect Donald Trump has tightened his stance against India. Trump's latest announcement is that he will impose higher taxes on India if it continues to impose high taxes on American products. He was speaking to reporters in Florida. He criticized India's tariff rates and pointed out that some American products are being taxed at 100 percent.

The word "mutual" is important, Trump said, adding that if India imposes 100 percent, we will do the same. In response to a question about the possibility of a trade deal with China, he said that the United States and Brazil are imposing high tariffs. "India and Brazil are charging a lot of money. If they charge us money, so be it. But we are going to charge them the same amount," Trump pointed out.