Quotes
The higher the tariff gap, the worse affected a sector could be,
In this atmosphere of uncertainty, where even Americans are guessing, we will wait for the announcements and evaluate their net impact on our trade and economy,
said a person close to the developments, who asked not to be named In any bilateral trade deal, the net impact is evaluated on the basis of complementarity and not just on the basis of quantum of tariffs,
a second person said, citing India’s free trade agreement with the United Arab Emirates India’s tariff policy aims to regulate trade, protect domestic industries, and generate revenue through taxes on imported and exported goods.”
Union commerce minister Piyush Goyal provided context for India’s broader trade philosophy in a statement tabled in the Lok Sabha on Tuesday I think a lot of (countries) will drop their tariffs because they’ve been unfairly tariffing the United States for years. If you look at the European Union on cars, the European Union already dropped their tariff to 2.5 per cent. It was announced a couple of days ago. A very small tariff. The United States charged very little,
Trump said while responding to questions in the Oval Office on Monday So far, nothing adverse has happened. In fact, four-day negotiations for a proposed BTA (bilateral trade agreement) in New Delhi went well,
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This limited exports to the US will shield the revenue of component makers,
After the exit of General Motors and Ford from India, no US major had an Indian manufacturing base for exporting back to their country. Given the meagre share of India’s exports of PVs and CVs to that country, the tariffs imposed would have minimal impact on original equipment manufacturers (OEMs) here,
Excited to see President Trump’s announcement of reciprocal tariffs in the Rose Garden, accompanied by a strong team of advisors! Let’s make America great again!”
One user expressed excitement over the new tariffs, stating Aren’t nations like China and India guilty of following tariff and non-tariff policy skewness in their trade? Why do we expect a perennial shoulder to lean on? Why can’t we stand straight and say, ‘We are game for equality of tariff’?”
It’s time for reciprocity,
These countries have been ripping off our nation for far too long,
a news agency PTI report quoted Leavitt as saying, Wednesday, it will be Liberation Day in America, as President Trump has so proudly dubbed it,
You have 100% tariff from India on American agricultural products,
I think I heard that India just a little while ago is going to be dropping its tariffs very substantially and I said why didn't somebody do this a long time ago,
I have heard that India is going to cut its tariffs substantially. A lot of countries are going to cut their tariffs."
It's time for reciprocity. It's time for the president to make historic change and do what's right for the American people,
she declared, signaling a shift in America's trade strategy I will let the President make the announcement on Wednesday, but it's certainly going to be ensured that there's reciprocity and the American people are treated fairly,
This makes it virtually impossible for American products to be imported to these markets and has put a lot of Americans out of business and work over the past several decades,