New York/Washington- US President Donald Trump criticized the high taxes imposed by India and China and other countries, terming it very unfair and announced the implementation of reciprocal taxes from next month. The president of a joint session of the US Congress said that the reciprocal taxes will start from April 2. He said, “Other countries have used taxes against us for decades and now it is our turn. The European Union, China, Brazil, India, Mexico and Canada collect taxes at higher rates than us, have you heard about them? It is very unfair.”
Trump’s address to a joint session of Congress on Tuesday was his first address of his second term in the White House. During this, he said, “India charges us over 100 percent auto tax.” Trump has made it clear to Prime Minister Modi that India will not be spared from Washington’s reciprocal tax and stressed that “nobody can argue with me” on the tax structure. “China’s average tax on our products is double and South Korea’s average tax is four times higher,” he said. In February, President Trump had said that his administration would soon impose reciprocal taxes on countries like India and China. Trump added that the reciprocal taxes would start from April 2 and whatever “they tax us, other countries, we will tax them.”