Amid the ongoing India-US trade deal discussions, US President Donald Trump announced that Washington plans to reduce tariffs imposed on India. His remarks came during an interaction with reporters on Tuesday, where he highlighted progress in bilateral trade negotiations between the two countries.
#WATCH | “Well, right now, the tariffs are very high on India because of the Russian oil, and they’ve stopped doing the Russian oil. It’s been reduced very substantially. Yeah, we’re going to be bringing the tariffs down…At some point, we’re going to be bringing them down…”… pic.twitter.com/oGpHQXJLhE
— ANI (@ANI) November 10, 2025
Tariff Reduction in Focus
President Trump said that the current tariff rates on India remain high due to the country’s previous imports of Russian oil. However, he added that India has significantly reduced its oil purchases from Russia, leading to a reassessment of trade tariffs. “Well, right now, the tariffs are very high on India because of the Russian oil, and they’ve stopped doing the Russian oil. It’s been reduced very substantially,” Trump said.
US to Ease Trade Restrictions on India
When asked how close the two nations are to finalizing a trade deal, Trump stated that his administration plans to lower the existing tariffs soon. “Yeah, we’re going to be bringing the tariffs down… At some point, we’re going to be bringing them down,” he said. Trade officials from both sides are currently negotiating to finalize key terms aimed at improving market access and strengthening bilateral economic ties.
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Swastika Sruti is a Senior Sub Editor at NewsX Digital with 5 years of experience shaping stories that matter. She loves tracking politics- national and global trends, and never misses a chance to dig deeper into policies and developments. Passionate about what’s happening around us, she brings sharp insight and clarity to every piece she works on. When not curating news, she’s busy exploring what’s next in the world of public interest. You can reach her at [swastika.newsx@gmail.com]
