US President Donald Trump announced a 26% tariff on Indian imports, justifying the decision by pointing to India's higher tariff rates on American goods, among other global levies. Speaking at the Rose Garden on "Liberation Day" Wednesday, Trump framed the tariffs as part of his broader economic vision to "make America wealthy again."
Here's a look at the key statements that shaped the address:
April 2, 2025, will forever be remembered as the day American industry was reborn, the day America's destiny was reclaimed and the day that we began to make America wealthy again.
With today's actions, we're also standing up for our great farmers and ranchers who are brutalised by nations all over the world.
I say terminate your own tariffs, drop your barriers, don't manipulate your currencies.
This is not full reciprocal. This is kind reciprocal.
For years, hard-working American citizens were forced to sit on the sidelines as other nations got rich and powerful, much of it at our expense. But now it's our turn to prosper.
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