Donald Trump vows to impose tariffs on India, China and others who ‘harm’ US interests

United States President Donald Trump on Monday vowed to impose taxes on India, China and Brazil, stating that the countries impose high tariffs and “harm” Washington’s interests, PTI reported.

“We are going to put tariffs on outside countries and outside people that really mean harm to us,” Trump told House Republicans in Florida. “Well, they mean us harm, but they basically want to make their country good.”

This is the first such meeting Trump has held with his party members since he was sworn in as president for a second term earlier this month, PTI reported.

The Republican leader has repeatedly iterated his intention to impose a reciprocal tax on India, citing the high tariffs by New Delhi on foreign goods.

“Look at what others do,” PTI quoted him as saying on Monday. “China is a tremendous tariff maker, and India and Brazil and so many other countries. So we are not going to let that happen any longer because we are going to put America first.”

The US will also establish a “very fair system where money is going to come into our coffers and America is going to be very rich again”, the president said, adding that this will happen very quickly.

“Instead of taxing our citizens to enrich foreign nations, we should…

Read more