Trump announces new tariffs during joint news conference with Modi
U.S. President Donald Trump announced new tariffs during a joint news conference with Indian Prime Minister Narendra Modi. He stated that the U.S. will impose tariffs on any country that charges import duties on American goods. This marks a significant shift in U.S. trade policy, as Trump emphasized that the U.S. will retaliate against nations with high tariffs. He specifically called India the "highest tariff nation." Trump's announcement indicates a more aggressive stance on trade, moving away from previous negotiations. The U.S. will now respond directly to countries imposing tariffs, impacting international trade relations.