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India Ready to Cut 100% Tariffs in Deal with USA: President Trump
The Business Guardian
|May 18, 2025
India is willing to cut 100 percent tariffs on American goods, US President Donald Trump claimed once again while saying that a trade deal between New Delhi and Washington is coming soon.
In an interview to Fox News, Trump, however, said that he is not in a "rush" for the proposed trade deal.
Against the backdrop of the US president's repeated claim of India offering to drop all tariffs on American goods, External Affairs Minister S Jaishankar said in New Delhi on Thursday that "any trade deal has to be mutually beneficial".
Trump again described India as "one of the highest tariff nations in the world".
"They make it almost impossible to do business. Do you know that they're willing to cut 100 percent of their tariffs for the United States?" Trump said.
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The Business Guardian
Govt okays Rs 305-crore Tex-RAMPS scheme to boost R&D in textiles sector
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