“They’ve agreed, by the way, they want to cut their tariffs way down now because somebody’s finally exposing them for what they’ve done. And the same thing with China, same thing with a lot of other countries, and the EU [European Union] has been a terrible abuser of this country,” Trump said at the Oval Office.
“Our country, from an economic standpoint and financial standpoint and a trade standpoint, has been absolutely ripped off by almost every country in the world,” he was quoted as saying by a news wire.
India has agreed to cut its tariffs ‘way down’, according to US President Donald Trump, who reiterated his claim that the country charges the US massive tariffs that make it difficult to sell products there.
“India charges us massive tariffs, massive, you can’t even sell anything into India. It’s almost, it’s almost restrictive. It is restrictive. We do very little business inside,” he said.
“Canada, Mexico and then you just go right down the line. India charges us massive tariffs, massive, you can’t even sell anything into India. It’s almost, it’s almost restrictive. It is restrictive. We do very little business inside,” he said.
Trump’s comments followed Indian commerce minister Piyush Goyal’s recent visit to the United States for trade talks with his counterpart Howard Lutnick.
During a joint press conference with Prime Minister Narendra Modi last month in the White House, Trump said that India has ‘been very strong on tariffs’.
Fibre2Fashion News Desk (DS)
