- By Supratik Das
- Sat, 17 May 2025 08:52 AM (IST)
- Source:JND
In a breakthrough that can redefine Indo-US trade ties, US President Donald Trump has stated that India is ready to remove all its tariffs on US imports. During an interview with Fox News, Trump said, “They make it almost impossible to do business. Do you know they’re willing to cut 100 per cent of their tariffs for the United States?” He further stated that he was in no hurry to finalize the agreement, adding, “That’ll come soon. I’m in no rush. Everybody wants to make a deal with us.”
Trump also claimed in a business forum in Doha that India made an offer to eliminate all tariffs on US imports. “India has offered us a deal where they are willing to charge us no tariff,” he asserted.
No Final Agreement Yet, Says Jaishankar
Addressing the media on Thursday, External Affairs Minister Dr. S Jaishankar clarified that while discussions are indeed underway, no agreement has been finalised yet. “Trade talks between India and the US are complex and ongoing. Nothing is decided until everything is decided. Any trade deal must be mutually beneficial and work for both sides,” Jaishankar noted, asserting that concluding this stage would be “premature.”
Also read: Trump Family’s Secret Crypto Deal With Pakistan Under Lens Amid Strained Indo-Pak Relations: Report
According to the sources cited by News18, a delegation team headed by Commerce and Industry Minister Piyush Goyal is set to engage with the United States for strategic trade talks. Meetings are scheduled with US Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick, emphasising important trade bottlenecks and deepening bilateral economic ties. The proposed India-US Bilateral Trade Agreement (BTA) is aimed at reducing tariffs, addressing market access challenges, and fostering greater investment opportunities between the two economies.
In another move, Trump also stated that his government would shortly unveil new import tariffs for other US trading partners, possibly in the next two to three weeks, which would redefine the global trade framework and focus on American manufacturing.