India has agreed to cut tariffs ‘way down’, declares Trump

US President Donald Trump announced that India had agreed to significantly reduce tariffs, highlighting the restrictive trade barriers faced by American goods. The development coincides with Indian Commerce Minister Piyush Goyal’s visit to the US for trade negotiations. Meanwhile, US Commerce Secretary Howard Lutnick emphasized the need for a comprehensive deal encompassing various sectors, including agriculture and defense.

​US President Donald Trump announced that India had agreed to significantly reduce tariffs, highlighting the restrictive trade barriers faced by American goods. The development coincides with Indian Commerce Minister Piyush Goyal’s visit to the US for trade negotiations. Meanwhile, US Commerce Secretary Howard Lutnick emphasized the need for a comprehensive deal encompassing various sectors, including agriculture and defense.