Will soon impose reciprocal tariffs on India, China: Trump

Trump reiterates his stance on reciprocal tariffs, targeting nations like India and China.

Transcript

00:00Some more breaking news that's coming in, Donald Trump reiterates stance on reciprocal

00:09tariffs.

00:10Trump says that they want to be fair, he said that they will impose reciprocal tariffs soon

00:16if any other country charges them, that they will charge them.

00:20Let's listen in to what the U.S. President has said.

00:25We'll soon impose reciprocal tariffs because that means they charge us, we charge them.

00:30It's very simple.

00:31Whatever a company or country such as, let's say, India or China or any of them, whatever

00:38they charge, we want to be fair.

00:39So reciprocal, reciprocal meaning they charge us, we charge them.

00:43We haven't done that.

00:44We've never done that.

00:45We were getting ready to do it until COVID hit.

00:48We had the greatest economy in the history of the world and we were just getting started.

00:53But the tariffing, it's going to be very interesting how it's going to be in charge

00:57of it.

00:58And I think you're going to see jobs and money flowing into the country like never has been

01:02seen before.

01:03As we reduce inflation, unleash energy, bring down costs, bring back manufacturing and lead

01:09the world in innovation, families will flourish and opportunities will skyrocket.

01:15That's the U.S. President Donald Trump reiterating his stance on reciprocal tariffs.

01:20He says that the United States wants to be fair, that if any other country charges the

01:24United States, that they will charge them.

01:27Whatever a company or a country such as India or China charges, the U.S. says that it wants

01:32to be fair, hence reciprocal.

01:34Donald Trump also says that they have never done that, that they were getting ready to

01:37do it until COVID hit.

01:39So that's Donald Trump reiterating their stance on imposing reciprocal tariffs, saying if any

01:44other country charges them, charges the United States, that they will impose reciprocal tariffs

01:50on them, that they will charge them in return.

01:53Whatever a company or a country such as India or China charges, that the U.S. wants to be

01:59fair and they will be imposing reciprocal tariffs.

02:02So under the reciprocal tariff system, the U.S. would impose the same level of tariffs

02:10on Indian imports or any other imports as that country does on American goods.