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Trump says will cut India tariff, trade deal close
November 12, 2025
|Hindustan Times Punjab
US President Donald Trump indicated on Tuesday that his administration could soon reduce the overall 50% tariff rate facing Indian exports, citing substantial reductions in India’s purchases of Russian oil that has been a significant irritant for Washington.
Donald Trump
“Well, right now, the tariffs are very high on India because of the Russian oil, and they've stopped doing the Russian oil. It’s been reduced very substantially. Yeah, we're going to be bringing the tariffs down,” Trump said at the White House just after attending the swearing-in ceremony of US Ambassador to India, Sergio Gor.
Trump added that India and the US were close to a “fair trade deal.”
هذه القصة من طبعة November 12, 2025 من Hindustan Times Punjab.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Hindustan Times Punjab
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