Tue, 02 Sep 2025

Tue, 02 Sep 2025 Trump says India offered to remove tariffs on US goods

His comment came hours after Indian PM Modi met China's Xi Jinping and Russia's Vladimir Putin.

* US President Donald Trump says India has offered to cut tariffs "to nothing" after imposing 50% tariffs on Indian goods, including a 25% penalty for buying Russian oil.
* The US has accused India of indirectly funding Russia's war in Ukraine by buying oil and military products from Moscow.
* India has not responded to Trump's comments but says the tariffs are "unfair, unjustified and unreasonable".
* The trade dispute has hit an all-time low between the two countries, which have been trading partners for decades.
* Indian Prime Minister Narendra Modi has been meeting with Chinese President Xi Jinping and Russian President Vladimir Putin at the Shanghai Co-operation Organisation (SCO) summit in Tianjin.
* Trump claims India buys "most of its oil and military products from Russia" and should have cut tariffs "years ago".
* The US says it does very little business with India, but India sells the US massive amounts of goods.
* The tariffs have sparked fears that exports and growth in India's economy could suffer.
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