Posted on 03/26/2025 9:36:43 AM PDT by ChicagoConservative27
Indian government sources told Reuters on Tuesday that New Delhi is considering $23 billion in tariff reductions on U.S. imports to stave off President Donald Trump’s threatened reciprocal tariffs, which will affect at least $66 billion in Indian exports if they take effect on April 2.
According to Reuters’ sources, the Indian government ran the numbers and concluded it will fare much better by lowering its tariffs, even though it will lose a great deal of income:
In an internal analysis, New Delhi estimated such reciprocal tariffs would hit 87% of its total exports to the United States worth $66 billion, two government sources with knowledge of the matter told Reuters.
Under the deal, India is open to reducing tariffs on 55% of U.S. goods it imports that are now subject to tariffs ranging from 5% to 30%, said both sources, who sought anonymity as they were not authorized to speak to the media.
…
Overall the U.S. trade-weighted average tariff has been about 2.2%, data from the World Trade Organization shows, compared with India’s 12%. The United States has a trade deficit of $45.6 billion with India.
(Excerpt) Read more at breitbart.com ...
It’s working.
Perhaps we can keep tariffs on them until they actually prosecute their scam call center operators.
Great. Next we can ban Indians from coming to America all together
President Trump is making this look easy. It’s not, but it demonstrates his remarkable business acumen.
If you want to curry favor with us, walk through the tandoor and drop your tariffs.
India Considers $23 Billion Tariff Cuts for U.S. to Avoid Reciprocal Tariffs”
Well how about that.
In this case, fair trade equate to free trade.
They can do what China does - cut tariffs, but increase the number of import inspections and detentions, change the rules on licensing, change regulatory standards so that foreign products don’t meet them, etc....
ie) raise non-tariff barriers
Actually, if nations set aside PRIDE and simply consider what’s GOOD for their respective countries, they ought to follow India’s example.
It’s a long time to go before the next presidential campaign. Maybe DeSantis will stand against h1b/student visa scammers from India.
She’s from San Diego - her parents are from India.
I guess Tariffs do work, huh! Who would have thought!!!
That’s how this works. We’ve been cooking and cleaning for them while they sit in the couch.
All imports should have a tariff applied, it doesn’t have to be large but must exist.
Then an even higher reciprocal tariff should be added to specific products from countries that maintain high tariffs on our products, unfair licensing practices, and other methods to limit our commerce.
This would apply mainly to products and goods both countries produce.
One industry that comes to mind where we have zero economic leverage with tariffs, is the clothing/apparel industry.
DemocRats cannot for the life of them figure out that tariffs are a primary tool for negotiating fair trade.
Surprised? No.
Their narratives cannot extend beyond Big Bully America beating up on little people around the world.
The irony of that is that they support USAID which supports toppling stable governments all over the world.
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