Brief by Shorts91 Newsdesk / 07:24pm on 13 Feb 2025,Thursday International
US President Donald Trump announced new "reciprocal tariffs" on trading partners, hours before meeting Indian PM Narendra Modi in Washington. Trump claimed India imposes "more tariffs than nearly any other country" and vowed to match them equally. "If they charge us, we charge them—no more, no less," he stated while signing an executive order. The move could impact India's $87 billion exports to the US. The White House will review deficits with key partners before enforcing additional duties. Trump acknowledged prices may rise but insisted tariffs would ultimately benefit US industries. Modi is expected to discuss trade concerns.
