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"India Signals Readiness to Make Deeper Tariff Cuts, Trump Says
US President Donald Trump said India has signaled its readiness to make deeper tariff cuts, after he ramped up pressure on the country to lower trade barriers that he has said unfairly penalize American businesses.
“They’ve agreed — by the way, they want to cut their tariffs way down now,” Trump said, while delivering remarks on the US economy late on Friday. India charges “massive tariffs” that mean the US does “very little business inside,” he said.
India’s commerce ministry didn’t immediately respond to a request for a comment on the remarks outside of regular business hours.
Preserving India’s access to the US market is a priority for Prime Minister Narendra Modi as he seeks to shield his country from reciprocal duties Trump has indicated will take effect next month."
www.yahoo.com
Who could be against free trade? Well, except for the Democrats. Trump is using tariffs to level the playing field for American manufacturing.
US President Donald Trump said India has signaled its readiness to make deeper tariff cuts, after he ramped up pressure on the country to lower trade barriers that he has said unfairly penalize American businesses.
“They’ve agreed — by the way, they want to cut their tariffs way down now,” Trump said, while delivering remarks on the US economy late on Friday. India charges “massive tariffs” that mean the US does “very little business inside,” he said.
India’s commerce ministry didn’t immediately respond to a request for a comment on the remarks outside of regular business hours.
Preserving India’s access to the US market is a priority for Prime Minister Narendra Modi as he seeks to shield his country from reciprocal duties Trump has indicated will take effect next month."
India Signals Readiness to Make Deeper Tariff Cuts, Trump Says
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Who could be against free trade? Well, except for the Democrats. Trump is using tariffs to level the playing field for American manufacturing.
