Trump is suggesting a tariff of 20-25% on India and is once again taking credit for the ceasefire between India and Pakistan.

With just a few days to go before the self-imposed August 1 deadline for tariffs to kick in, U.S. President Donald Trump remarked that the India-U.S. trade deal was “working out very well,” but he also hinted at a potential 20% to 25% tariff on India. During a press interaction aboard Air Force One on Tuesday (local time), Trump addressed a report suggesting that India might be gearing up for those tariffs, pointing out that India has been imposing higher tariffs on U.S. goods compared to other nations. He added that this situation would change now that he’s “in charge.” Interestingly, Trump hasn’t sent any formal letters to India about the tariffs, unlike what he did with several other countries. The Indian government has confirmed that the U.S. and India are currently engaged in active negotiations regarding a Bilateral Trade Agreement. “India has been a good friend. But over the years, India has charged higher tariffs than almost any other country. Now that I’m in charge, that can’t continue. I believe the trade deals are shaping up very well—hopefully for everyone, but especially for the United States, they’re looking very promising,” the President stated. Earlier, on April 22, Trump had imposed a 26% tariff on Indian goods coming into the U.S., but he later announced a pause on those “reciprocal” tariffs. Meanwhile, Union Minister for Commerce, Piyush Goyal, mentioned on Sunday that trade discussions between India and the U.S. have been going “very well.” “India today negotiates from a position of strength and confidence. This confidence drives us to pursue solid free trade agreements... Our talks with the United States are progressing nicely,” he said. Foreign Secretary Vikram Misri also highlighted during PM Modi’s recent visit to the U.K. that India has been actively engaged in discussions with the U.S. regarding a potential Bilateral Trade Agreement (BTA), emphasizing the ongoing communication with U.S. partners.

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