Former President Donald Trump, eyeing another run for the White House in 2024, has once again spotlighted his concerns over trade relations with India. He warned of imposing retaliatory tariffs on India if he returns to power, citing high Indian tariffs on certain US goods. Trump previously labeled India as the "tariff king" during his presidency in 2019 and revoked the country's Generalized System of Preferences (GSP) status, which permitted tax-free exports from developing countries to the US. His recent remarks come amidst ongoing discussions between the US and India to reinstate the GSP status.
