Skip to content
Search

Latest Stories

Trump says India has agreed to reduce tariffs

"Canada, Mexico, and then you just go right down the line. India charges us massive tariffs, massive. You can't even sell anything into India. It's almost restrictive. It is restrictive. We do very little business inside," Trump said.

Donald-Trump

Speaking from the Oval Office on Friday, Trump said the US has been economically and financially 'ripped off' by several countries, including India. (Photo: Getty Images)

US PRESIDENT Donald Trump said India has agreed to reduce its tariffs "way down," reiterating his claim that the country imposes high tariffs on American products, making trade difficult.

Speaking from the Oval Office on Friday, Trump said the US has been economically and financially "ripped off" by several countries, including India.


"Canada, Mexico, and then you just go right down the line. India charges us massive tariffs, massive. You can't even sell anything into India. It's almost restrictive. It is restrictive. We do very little business inside," Trump said.

"They've agreed, by the way, they want to cut their tariffs way down now because somebody's finally exposing them for what they've done. And the same thing with China, same thing with a lot of other countries, and the EU has been a terrible abuser of this country,” he added.

Trump's remarks followed India commerce minister Piyush Goyal’s visit to the US for trade talks with his counterpart Howard Lutnick. It was the third time this week that Trump had criticised India’s tariffs.

On Thursday, Trump described India as a "very high-tariff nation" and reiterated that the US will impose reciprocal tariffs on countries that charge levies on American goods starting 2 April.

Earlier, in his address to the joint session of Congress on Tuesday, Trump called the tariffs imposed by India and other countries “very unfair” and announced that reciprocal tariffs would take effect next month.

In the past, Trump has called India a “tariff king" and a "big abuser." Last month, during a joint press conference with prime minister Narendra Modi at the White House, Trump had said India was “very strong on tariffs.”

"I don't blame them, necessarily, but it's a different way of doing business. It's very hard to sell into India because they have trade barriers, very strong tariffs," he said at the time.

On Friday, India said it was working on strengthening trade ties with the US, including reducing tariff and non-tariff barriers under a bilateral trade agreement.

During Modi’s visit to the US last month, both sides announced plans to negotiate a Bilateral Trade Agreement (BTA), External Affairs Ministry spokesperson Randhir Jaiswal said in New Delhi. He added that Goyal’s discussions in the US focused on advancing talks on the trade pact.

"Our objective through the BTA is to strengthen and deepen India-US two-way trade across the goods and services sector, increase market access, reduce tariff and non-tariff barriers, and deepen supply chain integration between the two countries," Jaiswal said.

(With inputs from PTI)

More For You

Streeting: Health deal signals new era in UK-India ties

Foreign Office minister Catherine West, health secretary Wes Streeting and equalities minister Seema Malhotra during the Holi Reception in London.

Streeting: Health deal signals new era in UK-India ties

THE recent health and life sciences agreement between the UK and India will strengthen cooperation on healthcare innovation and security in both countries, health secretary Wes Streeting said.

Speaking at the Holi reception organised by the India All-Party Parliamentary Group and the 1928 Institute in London on Monday (24), he added that the contribution of British Indians has been pivotal in the growth of the NHS since its inception in 1948, and a robust partnership between the two nations will ensure we have a healthcare provider 'fit for the future'.

Keep ReadingShow less
british-steel-iStock

An aerial view of Steel Plant Industry in Scunthorpe. (Photo: iStock)

British Steel to shut blast furnaces, up to 2,700 jobs at risk

BRITISH STEEL, owned by Chinese group Jingye, confirmed on Thursday that it will shut down its blast furnaces and steelmaking operations in England, attributing the decision to market challenges, tariffs, and rising environmental costs.

The closures, first proposed in late 2023, could lead to the loss of up to 2,700 jobs at the company’s main UK site in Scunthorpe, northern England, according to sources familiar with the matter.

Keep ReadingShow less
Just Stop Oil

Just Stop Oil has garnered significant media attention with its direct action protests

Getty Images

Just Stop Oil ends direct action campaign after major policy success

The environmental activist group Just Stop Oil has announced an end to its disruptive direct action protests, declaring a significant victory in its campaign to halt new oil and gas developments. In a statement released by the organisation, the group confirmed it had successfully influenced government policy to abandon new fossil fuel exploration, marking a major turning point in the movement’s goals.

“Just Stop Oil's initial demand to end new oil and gas is now government policy, making us one of the most successful civil resistance campaigns in recent history,” the group’s statement read. It went on to claim responsibility for having kept over 4.4 billion barrels of oil in the ground, while legal victories in the courts have ruled new oil and gas licences unlawful.

Keep ReadingShow less
submarine-crash-reuters

People walk next to an ambulance in front of the hospital where the bodies of foreigners who were killed when a tourist submarine sank off Egypt's Red Sea resort city of Hurghada, and whose nationalities are still unknown, are kept. (Photo: Reuters)

Six foreign tourists die after submarine sinks off Egypt’s Red Sea coast

SIX tourists died on Thursday when a submarine carrying visitors sank near Hurghada, a resort city on Egypt’s Red Sea coast, state media reported.

According to the state-owned Akhbar Al-Youm newspaper, all the deceased were foreigners. The report also said 19 others were injured in the incident.

Keep ReadingShow less
EU Warns Citizens to Stockpile Essentials Amid War Concerns

Not all EU countries currently have the same level of preparedness

Getty Images

European Union urges citizens to stockpile food and supplies amid risk of war

The European Union (EU) has advised its 450 million citizens to stockpile essential items, including food and water, to prepare for potential emergencies. This call to action is part of a broader strategy to improve disaster preparedness across the 27-nation bloc, as it faces increasing risks from war, cyberattacks, climate change, and public health crises.

The EU’s recommendation comes in light of recent global developments that have raised concerns about security and stability. Citizens are encouraged to have enough food, water, medicine, and other essential supplies to last at least 72 hours during a crisis.

Keep ReadingShow less