
President Donald Trump is set to announce reciprocal tariffs before Indian Prime Minister Narendra Modi's visit on Thursday, as confirmed by the White House on Wednesday. The president had previously hinted at this action over the weekend.
White House press secretary mentioned that the tariffs are likely to be revealed before Modi's visit and emphasized that Trump strongly believes in this approach. Trump had recently implemented a 10% across-the-board tariff, in addition to tariffs on Chinese goods and higher tariffs on steel and aluminum.