Trump creates panic before meeting Modi..!?

Not only the people of india but the whole world is waiting for the Modi-Trump meeting today. Expectations have increased as this meeting will explain the trump government's stance on America's allies. For this, prime minister Modi, who left for the US yesterday after completing his paris tour, is scheduled to meet trump today. A few hours before the meeting between narendra modi and donald trump, US President trump posted a mysterious social media post that shocked many. Especially the people of india and indian investors have been shocked by this post. donald trump posted, "Three great weeks since taking office, the best day ever, and today is the big day: Reciprocal tariffs!!! We are going to make America great again!!!" This post describes the trump administration's plans to implement reciprocal tariffs. Reciprocal tariffs are a method of imposing the same amount of tax on countries that have imposed excessive tariffs on the United States.
For example, if india imposes a 25% tax on American cars, the united states will impose the same tax on indian vehicles, which is called reciprocal tariffs or retaliatory tariffs. prime minister Modi is scheduled to hold talks with trump today with various plans and concessions to prevent this. But Trump's tweet in the morning came as a big shock. If the trump administration implements its reciprocal tariffs system today as planned, it is expected to disrupt not only the indian trade market but also global trade. Especially, all the countries that are close trading partners of the united states will be affected the most.

While donald trump has already said that a detailed order regarding the reciprocal tariffs policy will be released by wednesday or Thursday, the current billion-dollar question is whether this announcement will happen after the meeting with Modi..? Or before..? While the US government has imposed 25 percent tariffs on goods imported from mexico and canada and an additional 10 percent tariff on goods imported from China, it seems that these countries will impose additional tariffs if this reciprocal tariffs policy is implemented.
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Sowmiya Sriram

13/02/2025 09:52 PM