Trump Implements 26% ‘Discounted’ Reciprocal Tariff on India

Trump Tariff Announcement: Donald Trump, has declared that he is being benevolent by charging China and India about "half of what they charge us" in exchange for large reciprocal tariffs. President Trump referred to these as "discounted reciprocal tariffs" and stated that the US would impose import duties of 26% on India and 34% on China.