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India Offers US Tariff-Free Trade Deal Amid Negotiations

India Offers US Tariff-Free Trade Deal Amid Negotiations

US President Donald Trump announced on Thursday that India has proposed a trade deal with the United States that includes “no tariffs.” This offer comes during ongoing efforts to finalize a deal within the 90-day tariff pause Trump announced on April 9, which had imposed a 26% tariff on Indian goods.

Trump acknowledged the challenges US businesses face in selling products in India but highlighted the Indian offer as a significant move toward improving trade relations. The US and India share a robust trading partnership, with bilateral trade reaching approximately $129 billion in 2024.

Also Read: Global Markets Surge as US and China Reach Temporary Tariff Agreement

Currently, India holds a trade surplus of $45.7 billion with the US, a key factor influencing the negotiations. Both countries appear motivated to reach an agreement that could reshape their economic ties and remove trade barriers.

This development signals a potential shift in US-India trade dynamics, aiming for smoother access and increased cooperation between the two largest democracies.

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Zain Aamer

Creative Graphic Designer with talent for developing unique Zain enhances NewsGuru’s visual identity by delivering innovative and engaging design solutions that strengthen the platform’s overall presence. Each of his artworks carries a distinctive artistic touch, blending creativity with precision to ensure the brand consistently stands out and leaves a lasting impression.
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Zain Aamer

Graphic Designer

Creative Graphic Designer with talent for developing unique Zain enhances NewsGuru’s visual identity by delivering innovative and engaging design solutions that strengthen the platform’s overall presence. Each of his artworks carries a distinctive artistic touch, blending creativity with precision to ensure the brand consistently stands out and leaves a lasting impression.

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