Goa, Feb. 15 -- Washington, D.C. - In a move to address trade imbalances, U.S. President Donald Trump announced the imposition of reciprocal tariffs on all countries just hours before his scheduled meeting with Indian Prime Minister Narendra Modi.

The decision, signed into effect on Thursday, February 13, aims to ensure fairness in global trade by responding to tariffs imposed by other nations.

According to the White House, the policy is designed to counter what Trump describes as unfair pricing practices by U.S. trade partners. "The United States is the most open economy in the world, yet our trading partners keep their markets closed to American exports," the administration stated, emphasizing that reciprocal tariffs would address thi...