Donald Trump's reciprocal tariffs to target all nations, not just a few countries

India Today

Donald Trump has announced that reciprocal tariffs will target all countries, not just 10-15 nations. India's push for a carve-out during recent trade delegation talks yielded no specific relief.

Transcript

00:00days to now go remember for the reciprocal tariff by Donald Trump

00:04administration Donald Trump says reciprocal tariff will target all

00:08countries he has said on Sunday that reciprocal tariffs that he said to

00:12announce this week which needs to be as according to his information by the

00:152nd of April will be implemented he says will include all nations not just a

00:20small group of 10 to 15 countries with the biggest trade imbalance so that is

00:25what Donald Trump has said that it will be irrespective remember there are some

00:29nations that have possibly expected a certain relief especially if they've

00:33been able to have a conversation with Donald Trump I want to bring in our

00:36foreign affairs editor Geeta Mohan on this Geeta tell me more about this that

00:39he's he's clearly saying no discrimination here but wouldn't there

00:43be some sort of an analysis or discussion about certain countries how

00:47is he going to decide how to go ahead with reciprocal tariffs

00:52there was a lot of conversation there was a delegation here in India from the

01:00United States of America discussing just that the tariffs between India and the

01:05United States of America and one did push for India did push for carve out

01:13for India which means a relief for India that reciprocal tariffs should not be

01:18should not be levied against India for from the 2nd of April and should the

01:26reciprocal tariffs be begin then there are areas which the two sides should be

01:34looking at to give some sort of a relief to for India it was it was agriculture

01:42but but the press statement that came out of that entire five-day visit of the

01:49trade delegation clearly says that they are looking at a bilateral trade

01:55agreement by fall but did not mention any specific relief they just say the

02:04sectoral engagements under PTA will start and that's where during the

02:11discussions the two sides also discuss productive exchange on on reducing

02:17tariffs and non-tariff barriers so tariffs is an issue for for the US for

02:24the Trump administration and there has been no specific carve out yet we will

02:29have to wait and see how that will impact India because the impact certainly

02:33will be huge for countries across the world but it should it would impact

02:40America as well before now reciprocal tariffs are on and we will that's true

02:47eventually America also has to look at its own domestic interest could that

02:50also take a step back here but perhaps that is what the conversations will be

02:54with the administration

Category

Transcript

Recommended