Donald Trump vows reciprocal tariffs for India, China ‘soon’, says trade must be fair

News Snapshot:

US President Donald Trump seems in no mood to stop his tariff tsunami. The Republican leader on Saturday reiterated his administration’s plan to impose reciprocal tariffs on countries like India and China, saying that trade must be “fair” and balanced. Speaking at the swearing-in ceremony of Commerce Secretary Howard Lutnick on Friday, Trump echoed what he had conveyed to Prime Minister Narendra Modi during the latter’s recent visit to the US capital. “We’ll soon impose reciprocal tariffs because that means, they charge us, we charge them. It’s very simple,” Trump declared. “Whatever a company or a country — such as,...