19 hours ago
Last Updated:July 31, 2025, 00:36 IST
President Trump announced 25% tariffs on Indian goods, criticizing India's high tariffs
US President Donald Trump (AP/File)
After announcing 25% tariffs on Indian goods, US President Donald Trump appeared to have softened his stand and kept the doors open for negotiations with India over the trade agreement.
On a question by ANI regarding whether he is open to negotiating with India on the tariffs, US President Donald Trump says, “We are talking to them now. We will see what happens. India was the highest or just about the highest-tariff nation in the world…We will see. We are negotiating with India right now"
On announcing 25% tariff, plus a penalty on India, US President Donald Trump says, “…Prime Minister Modi is a friend of mine, but they don’t do very much business in terms of business with us. They sell a lot to us, but we don’t buy from them…Because the tariff is so high. They have one of the highest tariffs in the world now. They are willing to cut it very substantially. But we will see what happens…."
He further says, “We are negotiating right now and it’s also BRICS. BRICS, which is basically a group of countries that are anti the United States and India is a member of that…It is an attack on the dollar and we are not going to let anybody attack the dollar. So it’s partially BRICS and it’s partially trade…We had a tremendous deficit. Prime Minister Modi is a friend of mine, but they don’t do very much business in terms of business with us. They sell a lot to us, but we don’t buy from them…Because the tariff is so high. They have one of the highest tariffs in the world. Now, they are willing to cut it very substantially. But we will see what happens. We are talking to India now. We will see what happens. It doesn’t matter too much whether we have a deal or we charge them a certain tariff. But you will know at the end of this week…"
Saurabh Verma covers general, national and international day-to-day news for News18.com as a Senior Sub-editor. He keenly observes politics. You can follow him on Twitter --twitter.com/saurabhkverma19
Saurabh Verma covers general, national and international day-to-day news for News18.com as a Senior Sub-editor. He keenly observes politics. You can follow him on Twitter --twitter.com/saurabhkverma19
Washington D.C., United States of America (USA)
First Published:News world Trump Keeps Door Open For Negotiations On 25% India Tariffs: ‘We Will See…’
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