03
Apr
Washington, D.C. (Rajiv Sharma): Former U.S. President Donald Trump recently announced a fresh set of tariffs on India, stating that the U.S. would impose "discounted reciprocal tariffs" of 26% on Indian imports. While making the announcement, he referred to Prime Minister Narendra Modi as a "great friend" but criticized India’s high tariff rates on American goods. Trump Calls for Fair Trade Practices During his speech, Trump pointed out what he sees as imbalances in trade relations between the two countries. Holding up a chart listing various countries' tariffs, he remarked: "India is very tough when it comes to trade. The…