Trump Announces Sweeping Tariffs Ahead of Meeting with Indian PM Modi
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U.S. President Donald Trump has announced a major tariff order, imposing reciprocal tariffs on multiple countries. The move comes ahead of his meeting with Indian Prime Minister Narendra Modi at the White House, where trade and immigration policies are expected to take center stage.
In a post on his social media platform Truth Social, Trump declared, “TODAY IS THE BIG ONE: RECIPROCAL TARIFFS!!! MAKE AMERICA GREAT AGAIN!!!” He later confirmed that a press conference on the matter would be held at 1 p.m. local time (7 p.m. GMT) at the White House.
Potential Global Impact
The sweeping tariffs could significantly affect emerging economies such as Brazil, China, India, Thailand, and Vietnam, which have higher tariff rates on U.S. products. However, analysts suggest that countries with established trade agreements with Washington, such as South Korea, may face less impact. Economic experts warn that the tariff escalation could disrupt global markets, potentially slowing economic growth and driving inflation.
Modi’s Visit Amid Trade Tensions
Prime Minister Modi’s visit to Washington is viewed as a strategic effort to ease tensions and secure concessions on tariffs and immigration policies. India, which Trump has previously labeled the “biggest tariff abuser,” has been preparing countermeasures, including concessions on trade and increased purchases of liquefied natural gas, combat vehicles, and jet engines.
Modi’s visit also follows heightened tensions over immigration policies, particularly after a U.S. flight carrying handcuffed Indian immigrants was deported as part of Trump’s strict immigration crackdown. India currently has the third-highest number of undocumented immigrants in the U.S., making migration a key discussion point between the two leaders.
Upon his arrival in the U.S., Modi met with U.S. Director of National Intelligence Tulsi Gabbard to discuss counterterrorism and intelligence cooperation.
Kennedy Jr. Confirmed as HHS Secretary
Meanwhile, in another major political development, Robert F. Kennedy Jr. has been confirmed as the Secretary of Health and Human Services. A vocal critic of vaccines, Kennedy Jr. previously ran in the 2024 presidential election before withdrawing and endorsing Trump. His confirmation has sparked debate over the future direction of U.S. health policies.
Market Reactions
Following Trump’s tariff announcement, gold prices surged as investors reacted to potential global trade disruptions. The stock market has also shown signs of volatility, with investors awaiting further details on which nations will be most affected by the new tariffs.
Looking Ahead
As Trump and Modi prepare to meet at the White House, the key topics will likely include trade, immigration, defense deals, and technological collaboration. While the two leaders have historically maintained a cordial relationship, the backdrop of escalating trade tensions may pose challenges to negotiations.
With global markets on edge and diplomatic stakes high, all eyes will be on Washington as the U.S. administration moves forward with its trade policy overhaul.