Brief by Shorts91 Newsdesk / 04:50am on 18 Dec 2024,Wednesday International
US President-elect Donald Trump has vowed to impose reciprocal tariffs on nations levying high duties on American goods, naming India and Brazil. "If India charges us 100%, we’ll charge them the same," Trump declared, emphasizing fairness in trade. Commerce Secretary-designate Howard Lutnick reinforced the stance, highlighting "reciprocity" as central to upcoming trade policies. Meanwhile, the outgoing Biden administration assured that US-India relations remain strong, citing recent high-level engagements like the QUAD summit. Deputy Secretary of State Kurt Campbell expressed optimism about continued bilateral cooperation under Trump’s leadership, despite the new administration’s stricter trade approach.
