President Donald Trump indicated Tuesday that he is looking at placing a 20-25 percent tariff on India.
While gaggling aboard Air Force One en route to the United States from Scotland, one reporter asked Trump if he was “tracking” toward a 20-25 percent tariff on India, citing a Reuters report that India was preparing for tariffs that could rise to that figure.
“Yeah, I think so,” he said, adding during a follow-up question that a deal is not finalized.
Regarding a precise rate, Trump said, “We’re going to see.”
“India has been a good friend, but India has charged basically more tariffs than almost any other country… over the years, but now I’m in charge, and you just can’t do that,” he added.
While speaking on trade with India, he noted that Indian Prime Minister Narendra Modi is his