US President Donald Trump is waging a relentless tariff war. He said on Monday he will in the very near future announce tariffs on automobiles, aluminum and pharmaceuticals. He also threatened “secondary tariffs” on countries that buy oil from Venezuela to choke off its oil trade. His reciprocal tariffs are set to come into effect from April 2. India is on target for these tariffs. While the world grapples with Trump's tariffs, India has gone on its own tax hunt, demanding foreign companies to pay back taxes it claims they have evaded.