Donald Trump, days before an August 1 deadline concerning tariffs, suggested the possibility of 20-25% tariffs on Indian goods. He made the statement while discussing the India-US trade deal, which he characterized as progressing positively. Trump’s remarks, made during an Air Force One press briefing, were in response to reports that India was considering similar tariffs.
Trump pointed out that India’s tariffs on US goods have been higher than most other countries. He declared that his administration would address this imbalance, asserting his control over the situation. No formal announcement has been made to India regarding these potential tariffs.
Previously, on April 22, Trump had imposed a 26% tariff on Indian imports, but later paused these tariffs. On the other hand, India’s Commerce Minister, Piyush Goyal, expressed satisfaction with the ongoing trade negotiations between the two nations, highlighting India’s confidence in its negotiating position.
Indian officials, including Foreign Secretary Vikram Misri, have emphasized ongoing discussions with the US regarding a Bilateral Trade Agreement (BTA). A senior government official confirmed that both nations are actively working towards a mutually beneficial BTA, in line with their respective leaders’ objectives.
Trump also reiterated his role in facilitating a ceasefire between India and Pakistan. He praised India’s leadership under Prime Minister Modi for maintaining regional stability. However, India has disputed Trump’s version of events, claiming that Pakistan initiated the ceasefire request.