{"id":5169,"date":"2025-03-11T16:33:56","date_gmt":"2025-03-11T11:03:56","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=5169"},"modified":"2025-05-26T12:27:51","modified_gmt":"2025-05-26T06:57:51","slug":"india-denies-trumps-claim-on-tariff-cuts","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/india-denies-trumps-claim-on-tariff-cuts\/","title":{"rendered":"India Denies Trump\u2019s Claim on Tariff Cuts, Seeks Time for Trade Talks"},"content":{"rendered":"<p data-start=\"81\" data-end=\"310\">The Indian government has officially denied any commitment to reducing import duties on U.S. products, contradicting President Donald Trump\u2019s recent claims that New Delhi had agreed to &#8220;cut their tariffs way down.&#8221;<\/p>\n<p data-start=\"312\" data-end=\"539\">According to a report, India has sought time until September to address the tariff concerns raised by the U.S., while focusing on a broader, long-term bilateral trade agreement with Washington.<\/p>\n<h3 data-start=\"541\" data-end=\"588\">Trump\u2019s Trade War Targets India Again<\/h3>\n<p data-start=\"590\" data-end=\"723\">Trump, just weeks into his second term, has intensified his protectionist trade policies, targeting both allies and rivals.<\/p>\n<ul data-start=\"725\" data-end=\"1130\">\n<li data-start=\"725\" data-end=\"862\">Trump has repeatedly criticized India\u2019s tariff policies, calling them &#8220;massive&#8221; and accusing India of unfair trade practices.<\/li>\n<li data-start=\"863\" data-end=\"1005\">During a speech last week, Trump claimed India had agreed to significantly reduce its tariffs after his administration &#8220;exposed them.&#8221;<\/li>\n<li data-start=\"1006\" data-end=\"1130\">However, Indian officials refuted these claims, saying no commitments had been made regarding tariff reductions.<\/li>\n<\/ul>\n<p data-start=\"1132\" data-end=\"1297\">The government stated that instead of immediate tariff adjustments, India and the U.S. are working toward a long-term, mutually beneficial trade agreement.<\/p>\n<h3 data-start=\"1299\" data-end=\"1375\">India\u2019s Trade Strategy: Long-Term Focus Over Immediate Concessions<\/h3>\n<p data-start=\"1377\" data-end=\"1571\">India&#8217;s Commerce Secretary Sunil Barthwal informed a parliamentary panel that discussions with the U.S. prioritize long-term trade cooperation rather than quick tariff concessions.<\/p>\n<ul data-start=\"1573\" data-end=\"2006\">\n<li data-start=\"1573\" data-end=\"1705\">India and the U.S. have a strong trade relationship, with America being a key market for India\u2019s IT and services sector.<\/li>\n<li data-start=\"1706\" data-end=\"1833\">In recent years, India has purchased billions of dollars\u2019 worth of U.S. military equipment, strengthening defense ties.<\/li>\n<li data-start=\"1834\" data-end=\"2006\">Prime Minister Narendra Modi and Trump share a close diplomatic rapport, and the two nations are expected to finalize a comprehensive trade agreement soon.<\/li>\n<\/ul>\n<h3 data-start=\"2008\" data-end=\"2061\">Trump\u2019s Potential India Visit &amp; Quad Summit<\/h3>\n<p data-start=\"2063\" data-end=\"2232\">There is speculation that Trump may visit India later this year for a Quad Summit, involving Australia, India, Japan, and the United States.<\/p>\n<p data-start=\"2234\" data-end=\"2505\" data-is-last-node=\"\" data-is-only-node=\"\">While tensions remain over tariffs, both governments continue to engage in negotiations, with a focus on strategic and economic cooperation. The coming months will be crucial in shaping the future of U.S.-India trade relations under Trump\u2019s second presidency.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Indian government has officially denied any commitment to reducing import duties on U.S. products, contradicting President Donald Trump\u2019s recent claims that New Delhi had agreed to &#8220;cut their tariffs way down.&#8221; According to a report, India has sought time until September to address the tariff concerns raised by the U.S., while focusing on a [&hellip;]<\/p>\n","protected":false},"author":4,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1365,1362],"tags":[],"ppma_author":[1331],"class_list":{"0":"post-5169","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-news","8":"category-finance-and-economy-news"}," _eael_post_view_count":0,"authors":[{"term_id":1331,"user_id":4,"is_guest":0,"slug":"sourabh","display_name":"Sourabh Sharma","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/5169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=5169"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/5169\/revisions"}],"predecessor-version":[{"id":5171,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/5169\/revisions\/5171"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/5170"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=5169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=5169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=5169"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=5169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}