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Trump says India may face 20 to 25pc tariff, but deal not finalised yet
30 Jul, 2025 / 10:43 AM / OMNES Media LLC

Source: http://www.reuters.com

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(Web Desk) - President Donald Trump said India could face a tariff rate of 20% to 25%, but cautioned that the final decision has not yet been made as both countries continue negotiating a trade deal ahead of the August 1 deadline. “I think so,” Bloomberg quoted Trump as telling reporters on Tuesday when asked if that was a possible tariff rate for New Delhi. “India has been a good friend, but India has charged basically more tariffs than almost any other country,” Trump said aboard Air Force One as he returned to Washington from a five-day visit to Scotland. “You just can’t do that,” he added.

US Trade Representative Jamieson Greer told CNBC on Monday that an elusive India trade agreement would require more discussion between the two countries. “They have expressed strong interest in opening portions of their market, we of course are willing to continue talking to them,” CNN quoted Greer as saying. “But I think we need some more negotiations on that with our Indian friends to see how ambitious they want to be,” Greer added. President Trump has continued to push US trade partners to open previously restricted markets to American goods, and India is no exception.

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