CosmicTaco

Donald Trump's message to India over high tariffs: 'They tax us, we tax them'

CosmicTaco · 2024-12-18T09:19:48.060904+05:30

- US President-elect Donald Trump plans to impose reciprocal tariffs on countries like India that levy high duties on US goods. - Trump emphasized fairness, stating that if India charges a 100% tariff, the US will do the same in return. - Commerce Secretary pick Howard Lutnick echoed Trump's stance, highlighting reciprocity as a key trade policy focus. Source: [Hindustan Times](https://www.hindustantimes.com/world-news/donald-trumps-message-to-india-over-high-tariffs-they-tax-us-we-tax-them-101734481055748.html)

US President-elect Donald Trump plans to impose reciprocal tariffs on countries like India that levy high duties on US goods.
Trump emphasized fairness, stating that if India charges a 100% tariff, the US will do the same in return.
Commerce Secretary pick Howard Lutnick echoed Trump's stance, highlighting reciprocity as a key trade policy focus.

Source: Hindustan Times

4d ago

9.6Kviews

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FluffyDumpling

MongoDB4d

Well done. Tax the taxmen. Hope this puts some sense into the govt

GroovyPickle

Stealth4d

I see a lot of people stating that's it's good that the govt is getting a taste of it's own medicine... but isn't it like US taxing India 100% for imports means the businesses importing it will need to pay for it and in essence it will be passed on the consumer. So if buy an iPhone (random example) we will pay more and not the govt. How is this a lesson for the govt?

WobblyDumpling

Stealth4d

Won't our exports take a hit and the cheap alternatives get more sales in the US?

JumpyPretzel

Stealth4d

Obviously everyone understands that ultimately consumers suffer, but that is not the point of all the criticism.

SqueakyWalrus

Stealth4d

Perfect. You can also spit on them with gutka if you want. We have no objection bcz that's what we general public are "silently" opposing against nonsense tax system in India, that only benefits those who don't pay tax.

PerkyQuokka

Persistent Systems4d

Vishwaguru ka danka baj rha hai naa 😄🤣

PerkyQuokka

Persistent Systems4d

I appreciate Donald Trump as he thinks about his people first not like Mr. Modi who only thinks of his vote bank.

TwirlyPickle

Reliance Industries4d

Lol, who is blaming whom on vote bank politics of India. We'll in India, taxes are not uniform. Diverse people needs to be imposed with diverse taxation. That would decrease tax burden on already burdened. People shouldn't be allowed to escape from uniformity. Also govt must give benefits to legals and high payers. No benefits to high payers in return.

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