White House Objects to India's 150% Tariff on U.S. Goods, Trump Plans Retaliation

The White House has raised objections to India's implementation of a 150% tariff on certain American products, including alcohol. Caroline Levit, the White House media secretary, highlighted this issue during a press briefing. She pointed out that the United States is facing high tariffs from multiple countries, with India, in particular, imposing a steep 150% tariff on US-produced alcohol and other goods. This move by India, along with similar actions from other countries, has provoked a response from US President Donald Trump, who seeks balanced trade policies and reciprocity in international trade relations.

In her remarks, Levit emphasized President Trump's principle of reciprocity and reaction in trade policies. She criticized Canada for its longstanding practice of imposing high tariffs on American dairy products, such as a 300% tariff on US cheese and butter. Similarly, she mentioned India's significant tariffs on American liquor and agricultural products, with a 100% tariff on the latter, and Japan's 700% tariff on US rice. These measures, according to Levit, undermine the benefits of exporting American products like Kentucky Bourbon to countries imposing such high tariffs. As a result, President Trump is considering imposing reciprocal tariffs on these countries to ensure fair trade practices.

Trump's stance on international trade and tariffs was further clarified in his recent address to Congress. He specifically mentioned India's high import duties and announced plans to impose retaliatory tariffs starting April 2. This announcement also included tariffs on China and other countries, expanding on the earlier tariffs imposed on Mexico and Canada from March 4. However, certain products from Mexico and Canada were temporarily exempted until April 2. In a notable move, Trump has decided to double the existing tariff on Canadian steel and aluminum from 25% to 50%, following Ontario's decision to impose tariffs on electricity. These announcements have had a significant impact on international markets, causing concern among global investors and trading partners.