Trump criticizes India's tariffs as trade talks with Modi approach

businesstoday.in

President Donald Trump criticized India's high tariffs on American goods, calling it a difficult place for business. He proposed reciprocal tariffs targeting countries that impose tariffs on U.S. products, placing India at the forefront of his concerns. Ahead of a meeting with Prime Minister Narendra Modi, Trump highlighted challenges faced by American companies, including Harley-Davidson's need to build a factory in India to avoid high duties. He suggested that U.S. industries could benefit from relocating operations domestically. In response, India announced plans to reduce import duties on luxury goods, benefiting American firms. However, officials stated this move aims to strengthen India's manufacturing sector, not to appease U.S. demands.


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