President Donald Trump is set to address tariffs on India, Japan, and the European Union during a meeting with Indian Prime Minister Narendra Modi at the White House. A White House official revealed that the European Union’s value-added tax (VAT), which averages 21.8 percent, is essentially acting as a tariff to limit US imports. The official emphasized the need for action from all countries to address what they perceive as unfair trade practices.
“It is patently obvious on its face that they are cheating us,” the official stated, highlighting the potential economic gains from balancing trade. Trump and Modi are scheduled to discuss these issues later today.
The Trump administration has been vocal about its focus on trade imbalances and has been particularly critical of countries that it believes are not playing by fair rules. With tensions rising on the global trade stage, the meeting between Trump and Modi is expected to address these concerns and explore potential solutions.
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Video “LIVE: Donald Trump hosts Indian prime minister Modi at the White House” was uploaded on 02/13/2025 to Youtube Channel The Times and The Sunday Times