India, April 3 -- US President Donald Trump announced reciprocal tariffs on several countries, including India, China, Brazil, Japan, and the European Union, on Wednesday. During his address, Trump referenced the late automobile executive Lee Iacocca, saying, "I watched a gentleman today on television who used to work with Lee Iacocca, a very respected automobile person." He described the man as "an older guy, real pro, really top guy with Lee Iacocca."

POTUS claimed the man was asked by the interviewer what he thought of "what Trump is doing from the automobile standpoint."

According to Trump, the man responded, "I never thought I'd see the day when this would happen, where somebody had the courage to go and do what has to be done. Thi...