In a recent interview with Fox News, former US President Donald Trump claimed that India is prepared to eliminate all tariffs on American goods, highlighting the South Asian nation as a key example of the trade barriers he’s long aimed to dismantle.

Trump’s assertion has sparked fresh conversations around US-India trade relations, even as India’s foreign ministry cautions that such claims may be premature.

“They make it almost impossible to do business,” Trump said, referring to India’s existing tariff structure. “Do you know they’re willing to cut 100% of their tariffs for the United States?” he added. However, the former president was quick to note that he is not rushing into finalizing a deal. “That’ll come soon. I’m in no rush. Look, everybody wants to make a deal with us,” Trump told the network.

The bold claim, if true, would mark a significant shift in India’s trade stance and could pave the way for a major economic partnership. However, India’s External Affairs Minister S Jaishankar responded cautiously, saying that while trade discussions between the two nations are ongoing, no agreement has been finalized. “These are complicated negotiations. Nothing is decided till everything is. Any trade deal has to be mutually beneficial; it has to work for both countries,” Jaishankar stated during a media interaction on Thursday.

He emphasized that jumping to conclusions at this stage would be “premature,” underscoring that India’s expectation is for any agreement to be balanced and equitable.

Trump’s remarks come as he outlines a broader plan to reshape global trade dynamics. He mentioned that his team is preparing to announce a new import duty Read More…..