Trump Says India Willing to Offer US Zero Tariffs; India Says Nothing Decided Yet
Indian External Affairs Minister S. Jaishankar said any trade agreement with the United States must be ‘mutually beneficial.’
President Donald Trump said on May 15 that India has offered a zero-tariff trade deal with the United States, although an Indian official later responded that no decision has been made yet.
Speaking to business leaders in Doha, Qatar, Trump called India “one of the highest tariff nations in the world” and voiced his disapproval of Apple CEO Tim Cook’s plan to move the company’s production to India.