- By Kamal Kumar
- Fri, 11 Oct 2024 10:47 AM (IST)
- Source:JND
Former US President and Republican nominee for the 2024 polls, Donald Trump said that India imposes the highest tariffs among all major countries, and vowed to reciprocate similar taxes if elected to power. 'Reciprocity is the most important element to make the US wealthy again,' Trump said while addressing an economic policy speech in Detroit on Thursday.
" [Reciprocity] is a word that's very important in my plan because we generally don't charge tariffs. I started that process, it was so great, with the vans and the small trucks, etc. We don't charge. China will charge us a 200 per cent tariff. Brazil is a big charger. The biggest charger of all is India,” Trump said.
'Modi Is A Great Man, But...'
While delivering his speech on America's foreign trade, Trump showered praises on PM Modi, calling him a great man who has brought the country together, however, he did not fall short of criticising India's tariffs on US products.
"We have a great relationship with India. I did. And especially the leader, Modi. He's a great leader. Great man. Really is a great man. He's brought it together. He's done a great job. But they probably charge as much," he said.
“I mean, I think they probably charge more than, in many ways, China. But they do it with a smile. They do it... Sort of a nicer charge. They said, thank you so much for purchasing from India. Harley Davidson came to the White House a long time ago during my third year or second year. I met with them. They were based in Wisconsin. I said, how's business? Good, good. What are the bad countries? Well, India is very tough. And they gave me some others. Why? Tariffs. I said, what are they? And they said like 150 per cent, some massive amount,” Trump told the members of the Detroit Economic Club.