Trump announces new tariffs on India, cites trade challenges for US businesses

US President Donald Trump announced new reciprocal tariffs on India, labeling it a "tariff abuser." He stated that India has high tariffs, making it difficult for American businesses to operate there. Trump emphasized that his administration will match India's tariffs, indicating no concessions were achieved during his first term. He described India as one of the most high-tariff nations. This announcement marks a shift in US-India trade relations, with Trump highlighting ongoing challenges for American companies in India.