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India to scrap 100% tariffs: Trump
Orissa POST
|May 18, 2025
As India and US are one of the oldest trading partners, this cent percent tariff cut should be reciprocal. Considering that, it would have a significant impact on Indian economy as it can boost various sectors, but can also be a prominent reason for imbalance trade
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India is willing to cut 100 per cent tariffs on American goods, US President Donald Trump claimed once again, 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 Thursday that "any trade deal has to be mutually beneficial".
Trump again described India as "one of the highest tariff nations in the world."
Dit verhaal komt uit de May 18, 2025-editie van Orissa POST.
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