Ahead of meeting with PM Modi, Trump's cryptic 'reciprocal tariffs' post on Truth Social

Since the start of his second presidency on January 20, Trump has levied tariffs on several countries, including China, threatening a global trade war.

Updated on: Feb 13, 2025, 23:38:25 IST

By HT News Desk | Edited by Vaibhav Tiwari

Prefer HTon Google

Share via

Copy link

Ahead of his meeting with Prime Minister Narendra Modi, US President Donald Trump wrote on his Truth Social platform that he plans to introduce reciprocal tariffs today, He, however, did not reveal the details of his latest tariff plan or who it is directed against.

Donald Trump speaks to the press after signing an executive order in the Oval Office of the White House in Washington, DC, on February 10. (AFP)

"Three great weeks, perhaps the best-ever, but today is the big one: Reciprocal tariffs. Make America Great Again!!!!." he wrote.

Since the start of his second presidency on January 20, Trump has levied tariffs on several countries, including China, threatening a global trade war and upending financial markets in several countries, including India.

Apart from stoking trade war fears, Donald Trump's tariffs have threatened to accelerate inflation in the United States.

Also read: Narendra Modi's US visit: President Donald Trump to host dinner for PM at White House | Full schedule

Trump has announced tariffs on all steel and aluminum imports beginning March 12, imposed 10% tariffs on goods from China, and imposed a 30-day hold on tariffs on goods from neighbouring Canada and Mexico.

PM Modi reached the United States today on an official visit where he will meet Donald Trump in the White House.

His White House visit is scheduled at 4 p.m. (1900 GMT).

Follow live updates on PM Modi's US visit

He will also address a joint press conference with Trump.

Modi to meet Elon Musk

PM Modi will also hold a one-on-one meeting with tech billionaire Elon Musk, who runs Trump's efficiency department which aims to save federal spending on running the government by streamlining bureaucracy.

PM Modi enjoys a good rapport with Trump whom he calls a "friend".

Weeks before the trip, PM Modi's government offered tariff concessions, slashing duties on high-end motorcycles.

India also accepted a US military flight carrying 100 illegal migrants last week as part of Trump's immigration overhaul.

With inputs from Reuters, AP, AFP

ABOUT THE AUTHOR
HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

Get the latest headlines from US news and global updates from Pakistan, Nepal, UK, Bangladesh, Russia and US Iran war Live, get all the latest headlines in one place on Hindustan Times.