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President Trump Says India Has Offered Zero Tariffs on US Goods

  • In May 2025, President Donald Trump stated that India has proposed eliminating tariffs on a range of U.S. Products as part of a forthcoming trade agreement.
  • This offer follows months of negotiations initiated after Prime Minister Narendra Modi's February 2025 visit to the White House amid longstanding high tariff barriers India imposed on US goods.
  • Trump emphasized India's tariffs were previously among the highest worldwide and said India now proposes eliminating tariffs on many US imports, while Indian officials urge that no deal is final.
  • Bilateral trade between the US and India totaled $129 billion in 2024, with India running a $45.7 billion surplus mainly from pharmaceuticals and electrical goods, prompting tariff adjustments on products like bourbon and motorcycles.
  • If finalized, the tariff removal could significantly deepen bilateral ties, but regulatory uncertainty and demands for fairness remain, with Indian negotiators seeking reciprocity and duty concessions on labour-intensive sectors.
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watcher.guru broke the news in on Thursday, May 15, 2025.
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