Trump: India will face reciprocal tariffs on April 2

ChainCatcher news, according to Jinshi Data reports, although Indian officials are eager to appease the United States by reducing trade barriers, U.S. President Trump stated that India will be subject to reciprocal tariffs starting April 2.

In an interview on Wednesday local time, Trump said that India is "one of the countries with the highest tariffs in the world." "I believe they may significantly reduce these tariffs, but on April 2, we will impose reciprocal tariffs on them."

While Trump has repeatedly stated that India will not be exempt from tariffs on April 2, Indian officials are more optimistic. Indian Commerce Minister Goyal visited the U.S. earlier this month and stated that he had "forward-looking discussions" with Trump officials regarding a trade agreement, with both sides hoping to reach an agreement before this fall.