President Trump announced reciprocal tariffs affecting all nations with tariffs on US goods. He specifically called out India for its high tariffs, saying companies like Harley Davidson have faced challenges in selling their products in India due to steep tariffs. He emphasized the need for companies to set up factories in the US to avoid such tariffs. Tech billionaire Elon Musk, who met with PM Modi, is also considering bringing his business to India. PM Modi’s visit to the US will include discussions on tariffs, visas, and immigration. India recently reduced customs duties on high-end motorcycles, cars, and smartphone parts, but Finance Minister Sitharaman clarified that it was to strengthen the Indian economy, not in response to Trump’s announcements. Trump and Modi will discuss various aspects of India-US ties during the visit, with tariffs being a key focus. The US President echoed Modi’s aim to strengthen their economy and domestic manufacturing. The meeting between the two leaders is highly anticipated and will cover a wide range of issues affecting both countries.
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Trump Implements Reciprocal Tariffs Ahead of Meeting With PM Modi
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