https://www.taxtmi.com/news?id=39695 Congressman Raja Krishnamoorthi condemns the President's reciprocal tariffs as unnecessarily straining the US India partnership, increasing costs for American families and businesses, and undermining coordinated efforts to counter Chinese coercion. The executive order relies on disparities in simple average MFN tariff rates and higher applied duties on particular products to justify a uniform reciprocal tariff approach. Krishnamoorthi warns the levies will isolate the United States, empower adversaries, and impose regressive burdens on working families, urging reversal to preserve economic and national security interests. en-us Fri, 04 Apr 2025 07:46:03 +0530 Fri, 04 Apr 2025 07:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=39695 Congressman Raja Krishnamoorthi condemns the President's reciprocal tariffs as unnecessarily straining the US India partnership, increasing costs for American families and businesses, and undermining coordinated efforts to counter Chinese coercion. The executive order relies on disparities in simple average MFN tariff rates and higher applied duties on particular products to justify a uniform reciprocal tariff approach. Krishnamoorthi warns the levies will isolate the United States, empower adversaries, and impose regressive burdens on working families, urging reversal to preserve economic and national security interests. News - Fri, 04 Apr 2025 07:46:03 +0530 https://www.taxtmi.com/news?id=39695