BR100 Decreased By (-0.43%)
BR30 Decreased By (-0.76%)
KSE100 Decreased By (-0.34%)
KSE30 Decreased By (-0.32%)
AGHA 6.59 Decreased By ▼ -0.08 (-1.2%)
BECO 4.38 Increased By ▲ 0.03 (0.69%)
BML 55.25 Decreased By ▼ -0.92 (-1.64%)
BOP 29.90 Decreased By ▼ -0.22 (-0.73%)
CNERGY 12.68 Decreased By ▼ -0.30 (-2.31%)
CSIL 5.22 Decreased By ▼ -0.09 (-1.69%)
FCCL 51.25 Decreased By ▼ -0.40 (-0.77%)
FFL 14.46 Decreased By ▼ -0.03 (-0.21%)
FNEL 1.19 Decreased By ▼ -0.02 (-1.65%)
KEL 5.97 Decreased By ▼ -0.09 (-1.49%)
KOSM 5.53 Decreased By ▼ -0.31 (-5.31%)
LOTCHEM 26.19 Increased By ▲ 0.02 (0.08%)
MLCF 90.30 Decreased By ▼ -0.93 (-1.02%)
NBP 162.98 Decreased By ▼ -1.21 (-0.74%)
NCPL 52.60 Decreased By ▼ -0.58 (-1.09%)
NPL 58.00 Decreased By ▼ -1.12 (-1.89%)
OGDC 313.19 Decreased By ▼ -0.20 (-0.06%)
PACE 9.68 Decreased By ▼ -0.09 (-0.92%)
PAEL 34.97 Decreased By ▼ -0.27 (-0.77%)
PIBTL 14.23 Decreased By ▼ -0.48 (-3.26%)
PPL 219.38 Decreased By ▼ -1.98 (-0.89%)
PRL 89.70 Decreased By ▼ -1.52 (-1.67%)
PTC 59.00 Decreased By ▼ -0.19 (-0.32%)
SSGC 23.17 Decreased By ▼ -0.13 (-0.56%)
TBL 8.68 Decreased By ▼ -0.07 (-0.8%)
TELE 7.38 Decreased By ▼ -0.23 (-3.02%)
TPL 21.15 Decreased By ▼ -0.88 (-3.99%)
TPLP 12.14 Decreased By ▼ -0.42 (-3.34%)
TREET 21.40 Decreased By ▼ -0.33 (-1.52%)
TRG 54.39 Decreased By ▼ -1.40 (-2.51%)
World

Trump says India offered to reduce tariffs on US goods to zero

  • 'It’s getting late. They [India] should have done so years ago', US president says
Published Updated
By

WASHINGTON: US President Donald Trump said on Monday that India has offered to reduce its tariffs on US goods to zero, even as Indian Prime Minister Narendra Modi was making public shows of solidarity with Chinese and Russian leaders in the face of trade pressure from Washington.

While calling the US relationship with India “one sided,” Trump wrote on his Truth Social platform: “They have now offered to cut their Tariffs to nothing, but it’s getting late. They should have done so years ago.”

The Indian Embassy in Washington did not immediately respond to Trump’s comments, which follow the implementation of total duties as high as 50% on Indian goods that have raised questions about the future of the US-India relationship.

India will not ‘bow down’, trade minister says after US tariffs

Trump’s remark came as Modi was in China for a summit of more than 20 leaders of non-Western countries of the Shanghai Cooperation Organisation, a China-backed initiative given renewed impetus by Trump’s global tariff offensive.

At the summit, Chinese President Xi Jinping pressed his vision for a new global security and economic order that prioritises the “Global South,” in a direct challenge to the US. The US-India relationship has strengthened in recent years, including during Trump’s first term, given shared concerns about China’s growing power, but Trump threatened the tariffs on India after it refused to stop buying Russian oil in defiance of his efforts to end Moscow’s war in Ukraine.

In China, in an image designed to convey solidarity, Putin and Modi were shown holding hands as they walked jovially toward Xi before the summit opened. The three men stood shoulder-to-shoulder, laughing and surrounded by interpreters.

Beijing has used the summit to mend ties with New Delhi. Modi, visiting China for the first time in seven years, and Xi agreed on Sunday their countries are development partners, not rivals, and discussed ways to improve trade.

The US State Department and White House did not immediately respond to requests for comment on the meetings in China.

Comments

Comments are closed for this article.