Trump proposes that India is willing to reduce tariffs on American products to zero.
Article:
Trump's Unverified Tariff Claim Denied by India
In a recent business roundtable in Doha, Qatar, President Donald Trump hinted at an intriguing prospect: India offering to scrap tariffs on US goods entirely. Yet, New Delhi hasn't publicly endorsed this claim.
Trump discussed Apple's intention to set up iPhone manufacturing plants in India, before mentioning this proposed deal. He said, "It's damn hard to peddle goods into India, but they've offered us a sweetheart deal where they're willing to slap zero tariffs on our wares."
The United States views India as an essential partner and together they form part of the Quad, a group that also includes Japan and Australia, serving as a regional counterbalance to China's growing influence.
Reports from Bloomberg suggest that Trump also conversed with Apple CEO Tim Cook, urging hesitance towards manufacturing expansion in India. Despite this, Apple has been steadily ramping up production in India, with $22 billion worth of iPhones being manufactured in the year to March 2025. This represents a nearly 60% increase from the previous year, as Apple seeks to diversify production away from China.
India's commerce ministry brushed off Trump's remarks regarding the tariffs. Nevertheless, tensions rose between the nations after Trump imposed higher duties on steel and aluminium, prompting India to announce potential retaliatory tariffs on US products as early as May 2025.
India gave the World Trade Organization a heads-up about the possible tariffs, mentioning a potential increase in tariffs on American goods among other countermeasures. This action marked India's initial response to the US tariff policy, and trade discussions between the two nations are still ongoing.
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- Donald Trump
- tariffs
- trade agreement
- Indian politics
[1] Bloomberg.com: Source
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