Trump: India has offered US a trade deal with no tariffs


U.S. President Donald Trump speaks during a roundtable discussion in Doha, Qatar, May 15, 2025. REUTERS/Brian Snyder

(Reuters) - U.S President Donald Trump said on Thursday that India had offered the U.S a trade deal that proposed "no tariffs".

New Delhi is seeking to clinch a trade deal with the U.S. within the 90-day pause announced by Trump on April 9 on tariff hikes for major trading partners, which had included a 26% tariff on India.

"It is very hard to sell in India, and they are offering us a deal where basically they are willing to literally charge us no tariffs," Trump said in a meeting with executives in Doha.

The United States is India's largest trading partner, with bilateral trade totalling some $129 billion in 2024. The trade balance is currently in favour of India, which runs a $45.7 billion surplus with the U.S.

(Reporting by Nayera Abdallah, Writing by Ahmed Elimam; Editing by Alex Richardson, Aidan Lewis)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Al Qaeda-linked group killed at least 12 truck drivers in Mali, HRW says
Iran fighting back but not stronger than U.S. thought, top U.S. general says
Shots fired at US consulate in Toronto, Ottawa says incident unacceptable
Tuesday will be most intense day of strikes on Iran, Hegseth says
Pope Leo fires San Diego bishop accused of stealing $250,000
Russian strike on Ukraine's Sloviansk kills four, local official says
Sri Lanka says second Iranian ship nine nautical miles off its coast
US warns citizens in Nigeria of possible 'terrorist threat'
Congo Republic's Sassou set to extend long rule, focus on succession
UAE condemns drone attack on its consulate in Iraq's Erbil

Others Also Read