On February 13, 2025, President Donald Trump signed an order imposing reciprocal tariffs on various trading partners to achieve equitable trade practices. Trump emphasized his belief that many US allies impose harsher tariffs than adversaries, underscoring the administration's commitment to a 'level playing field.' Furthermore, he suggested that tariffs would be customized based on factors like value-added tax. Concurrently, Indian Prime Minister Narendra Modi visited the US, highlighting ongoing discussions around potential trade agreements between the two nations and the importance of fair trade practices.
During a press conference, Trump emphasized the need for fairness in international trade, stating, "We want a level playing field... I've decided for purposes of fairness that I will charge a reciprocal tariff."
Trump criticized US trading partners, claiming, "US allies are often worse than our enemies on trade," indicating a shift in approach towards international tariffs.
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