Washington, USA: US President Donald Trump announced plans to impose tariffs on countries, including China, India, and Brazil, accusing them of unfair trade practices that harm American interests. Speaking at a House Republican retreat in Florida, Trump reiterated his "America First" strategy, emphasizing economic self-reliance and domestic growth.

He proposed new tariffs on essential materials like steel, aluminum, and copper, aiming to boost military production and domestic manufacturing. Trump also pledged to ease environmental restrictions to ramp up rare earth mineral mining and urged foreign companies to build factories in the US to avoid tariffs.

Highlighting his vision for economic revival, Trump announced plans to lower taxes for American workers and businesses, creating incentives for industries like pharmaceuticals, semiconductors, and steel. He hinted at steep tariffs, potentially up to 100%, on BRICS nations, including India, to counter what he termed as unfair trade practices.

The president concluded by encouraging NRIs and foreign businesses to invest in the United States, promising significant economic gains under his proposed system.