US President Donald Trump said he is confident the United States and India will reach a trade deal, praising Prime Minister Narendra Modi as a close friend while reiterating criticism of Indian tariffs. A US trade delegation visited India earlier this week for negotiations on an interim Bilateral Trade Agreement, which India's Commerce Ministry described as constructive.
Tracked 12.5 per cent Electricity and water tariffs
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We will get to a deal because I like your prime minister a lot. He is a good friend of mine, and we get along well. We have a good relationship
For years, India took advantage of the United States. They charged us tremendous tariffs and paid nothing. Now it is the exact reverse, and we are making a lot of money with India.
In the past, they wouldn't let Harley-Davidson sell its motorcycles. They charged a 200 per cent tariff
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The United States recently imposed an additional 12.5 per cent tariff on imports from 54 countries, including India, citing concerns that certain imported goods may have been produced through forced labour.
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The United States recently imposed an additional 12.5 per cent tariff on imports from 54 countries, including India, citing concerns that certain imported goods may have been produced through forced labour.
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the Trump administration announced a temporary 10 per cent tariff on imports from all countries for a period of 150 days while broader trade policies were reviewed.
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the Trump administration announced a temporary 10 per cent tariff on imports from all countries for a period of 150 days while broader trade policies were reviewed.
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"In the past, they wouldn't let Harley-Davidson sell its motorcycles. They charged a 200 per cent tariff," Trump said, noting that the company later established manufacturing operations in India.
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A US trade delegation visited India earlier this week for negotiations on the proposed interim agreement. India's Commerce Ministry described the talks as constructive and said both sides reaffirmed their commitment to concluding a mutually beneficial arrangement that strengthens bilateral trade and economic cooperation.
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