'Reciprocal tariffs on India, other countries from April 2': Trump in US Congress

United States President Donald Trump on Wednesday declared the retaliatory tariffs would kick in from April 2 against nations charging higher duties on American imports.
In the presidential address to the US Congress, Trump called tariffs charged by India and other countries, including China "very unfair".
Trump said he wants to impose the same tariff on imports from foreign countries as those nations impose on us exports.
"Other countries have used tariffs against us for decades and now it's our turn to start using them against those other countries. On average, the European Union, China, Brazil, India, - Mexico and Canada - Have you heard of them - and countless other nations charge us tremendously higher tariffs than we charge them. It's very unfair," Trump said Tuesday night in the longest address to the Joint Session of the Congress.
"India charges us auto tariffs higher than 100 per cent," he said.
In the address, the first of his second term in the White House, Trump said: "China's average tariff on our products is twice... and South Korea's average tariff is four times higher. Think of that, four times higher. And we give so much help militarily and in so many other ways to South Korea. But that's what happens. This is happening by friend and foe. This system is not fair to the United States. It never was," he said.
Trump said that Washington would charge the same amount it gets taxed and that his administration would also retaliate to "non-monetary tariffs" with "non-monetary barriers".
"They tariff us, other countries, we will tariff them. That's reciprocal back and forth. Whatever they tax us, we will tax them. If they do non-monetary tariffs to keep us out of their market, then we will do non-monetary barriers to keep them out of our market," he said.
"They don't even allow us in their market. We will take in trillions and trillions of dollars that create jobs like we have never seen before. I did it with China, and I did it with others, and the Biden administration couldn't do anything about it because there was so much money they couldn't do anything about it," he said.
"We have been ripped off for decades by nearly every country on Earth, and we will not let that happen any longer," he added.

Higher tariffs on Indian exports (such as pharmaceuticals, textiles, and IT services) would make these products more expensive in the US, reducing demand. This could hurt Indian manufacturers and exporters while also raising prices for American consumers.
In response to US tariffs, India may strengthen economic ties with other global players like the European Union, China, or Russia to compensate for the loss of access to the US market. This could also reduce American influence.