Letter to BS: Trump's imposition of reciprocal tax is a political ploy

A nominal benefit from the imposition of a 25 per cent reciprocal tax on trade with India has no substantial commercial benefit for US

This refers to “Trump: India charges high tariffs, want reciprocal tax” (March 4). This statement cannot be taken at face value given the continued political leaning of US foreign policy towards trade and commerce. The country’s imposition of 25 per cent tariff as a reciprocal tax on import trade of select items with India against the Indian approach of first charging a 100 per cent duty and later reducing it to 50 per cent after a “two minute” talk is only because of its internal political lobbying in the wake of its fast approaching elections. The imposition of reciprocal tax