At the heart of Trump’s new trade policy is a simple promise: match the tariffs imposed by trading partners on U.S. goods on a one-to-one basis. By stating “whatever India charges, we charge them,” the president aims to level the playing field and force countries with high import duties to either lower their rates or face retaliatory measures. According to statements made during a recent interview and documented by Reuters, this policy is part of a broader initiative to shrink America’s persistent trade imbalance and generate additional tariff revenues that could help reduce the U.S. fiscal deficit.