On Tuesday, President Donald Trump asserted that India will eliminate tariffs on imports from the United States entirely. However, he did not specify which products or sectors would be impacted.
The U.S. and India are currently negotiating a trade agreement, which Trump administration officials have indicated is among the first discussions amid ongoing trade deliberations with various partners.
Referring to critical U.S. demands in these talks—such as reducing tariffs or increasing market access—Trump noted, “India has one of the highest tariffs in the world. We’re not going to back down on that, and they’ve already agreed to reduce it.”
“They’re going to drop that on anything,” Trump remarked during a media exchange at the White House with Canadian Mark Carney. “They already agree.”
While specific details of the trade discussions are lacking, Trump has been transparent about his intentions, recalling how close he was to finalizing a trade deal during his first term when he visited India in February 2019.
Since then, discussions have been ongoing after Trump had lifted tariffs on nearly all U.S. trading partners. Currently, imports from India face tariffs of 26%, which have now been reduced to 10%. This was part of a broader flat rate that the U.S. President announced, which involved a 90-day suspension and a product collection rate of 145%.
Treasury Secretary Scott Bescent stated in a Congressional hearing on Tuesday that the U.S. is in negotiations with 17 of its 18 principal trading partners.
He has previously mentioned his anticipation of being among the first to announce a deal with India.
(Except for the headline, this story has not been edited by NDTV staff and is published by Syndicate Feed.)
