Trump plans new tariffs on Mexico, Canada, and China raising concerns for India

US President-elect Donald Trump plans to impose new tariffs on Mexico, Canada, and China starting January 20, 2025. He has labeled these countries as sources of illegal immigration and drug trafficking. The tariffs will be 25% on goods from Mexico and Canada, and an additional 10% on Chinese goods. Concerns are rising in India about potential tariffs, as Trump has previously criticized the country for high import duties. He has referred to India as a "tariff king" and a "big abuser" of tariffs. However, he has not yet announced any specific tariffs for India. While no tariffs have been imposed on India, experts suggest that sectors like automobiles, textiles, and pharmaceuticals could be affected. Trump's past actions include removing India's preferential trade status, raising fears of reciprocal tariffs on Indian exports.