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  • Nobody disputes me: Trump on reciprocal tariffs
    Posted on February 20th, 2025 in Exam Details (QP Included)

    US President Trump Reiterates Reciprocal Tariffs with India

    • US President Donald Trump has confirmed that India will not be exempt from reciprocal tariffs.

    • The statement was made during an interview with Sean Hannity of Fox News.

    • The Trump administration plans to counter nonreciprocal trading arrangements by determining the equivalent of a reciprocal tariff for each foreign trading partner.

    • Trump reiterated his stance on existing tariff structures between the US and its partners, including India.

    • India has strong tariffs on certain US imports, such as the automobile sector.

    • Under the reciprocal tariff system, the US would impose the same level of tariffs on Indian goods.

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