During a recent event in Doha, President Trump announced a potential zero-tariff deal from India, amidst ongoing trade negotiations.
India Offers U.S. No Tariffs on Goods, Says Trump
India Offers U.S. No Tariffs on Goods, Says Trump
President Trump claims India has proposed eliminating tariffs on American imports.
In a surprising revelation, U.S. President Donald Trump stated that India has expressed a willingness to eliminate all tariffs on goods imported from the United States. Speaking at a business event in Doha, Trump mentioned, "The Indian government has offered us a deal where basically they are willing to literally charge us no tariff." This statement comes as both nations engage in talks to finalize a trade agreement that could significantly enhance economic relations.
As of now, the Indian government has yet to issue a formal response to Trump's claims, with the BBC seeking clarification from India’s commerce ministry. Details regarding this potential agreement remain scarce, leaving many to speculate on the implications for American businesses and Indian markets.
In addition to his remarks about tariffs, Trump also referenced a conversation he recently had with Apple CEO Tim Cook. According to Trump, he urged Cook not to expand the company's production in India, stating, "I said I don't want you building in India." Instead, he noted that Apple would be increasing its production within the United States.
This announcement coincides with a slew of agreements Trump unveiled between the U.S. and Qatar, including contracts for Boeing jets, indicating a busy diplomatic agenda for the president. The situation continues to develop, with global observers keenly watching for updates on the trade discussions between India and the United States.
As of now, the Indian government has yet to issue a formal response to Trump's claims, with the BBC seeking clarification from India’s commerce ministry. Details regarding this potential agreement remain scarce, leaving many to speculate on the implications for American businesses and Indian markets.
In addition to his remarks about tariffs, Trump also referenced a conversation he recently had with Apple CEO Tim Cook. According to Trump, he urged Cook not to expand the company's production in India, stating, "I said I don't want you building in India." Instead, he noted that Apple would be increasing its production within the United States.
This announcement coincides with a slew of agreements Trump unveiled between the U.S. and Qatar, including contracts for Boeing jets, indicating a busy diplomatic agenda for the president. The situation continues to develop, with global observers keenly watching for updates on the trade discussions between India and the United States.
