In a recent interaction with reporters, former U.S. President Donald Trump addressed questions regarding trade tariffs between the United States and India. He reiterated his longstanding critique of India’s high import duties on American products but simultaneously expressed optimism about ongoing trade negotiations. Trump referred to Indian Prime Minister Narendra Modi as a “very smart man” and a “great friend,” highlighting the positive rapport between the two leaders. He conveyed confidence that the trade discussions would “work out very well” for both nations.
These remarks come in the context of impending U.S. reciprocal tariffs set to be implemented on April 2, targeting countries with high tariffs on American goods. India has been proactive in addressing these concerns by proposing reductions in tariffs on over half of U.S. imports, valued at approximately $23 billion. This initiative aims to protect India’s exports, worth $66 billion, from the forthcoming U.S. tariffs.
Furthermore, India has offered specific tariff cuts on U.S. agricultural products, including almonds and cranberries, as part of its efforts to reach a trade agreement and avert the reciprocal tariffs.
These developments underscore the ongoing efforts by both nations to resolve trade disputes and strengthen bilateral economic ties.
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