New Delhi: President Donald Trump has issued a strong warning to India over its high tariffs, suggesting that New Delhi could face new duties ranging from 20% to 25%, as trade negotiations continue ahead of an August 1 deadline.
Speaking to reporters aboard Air Force One on his return from a five-day visit to Scotland, Trump said, “India has been a good friend, but India has charged basically more tariffs than almost any other country. You just can’t do that.”
When asked directly if the new tariff rate could be as high as 25%, Trump replied, “I think so,” but added that no final decision had been made and discussions were still ongoing.
The potential move is part of a broader strategy by the U.S. administration to implement reciprocal tariffs on a range of trading partners. The president had announced increased tariffs in April, initially setting them at 10% to allow room for negotiations. However, with limited trade agreements finalized so far, the extended deadline is now approaching.
U.S. Trade Representative Jamieson Greer said on Monday that more time was needed to evaluate India’s readiness to open its market further to American goods. Talks between the two sides are ongoing, with market access and tariff reductions being key issues.
Earlier on Tuesday, Reuters reported that Indian officials are preparing for the possibility of higher tariffs, likely in the 20% to 25% range, as Washington increases pressure on New Delhi to reduce its trade barriers.
