'Will Bring Tariffs Down': Trump Signals Tariff Cuts, Says US Nearing ‘Fair Deal’ With India

Brief by Shorts91 Newsdesk / 03:15am on 11 Nov 2025,Tuesday India Global

US President Donald Trump announced plans to reduce tariffs on Indian imports, signaling progress toward a “fair deal” with India. Speaking during Sergio Gor’s swearing-in as US Ambassador to India, Trump linked high tariffs to India’s past oil trade with Russia, claiming New Delhi has “substantially stopped” purchases. In August, Trump doubled tariffs to 50%, citing India’s Moscow energy ties as leverage against Russia’s war in Ukraine. Despite India denying Trump’s earlier claim of assurances from PM Modi, negotiations continue. Trump emphasized the new deal would differ from past “unfair” agreements, with Treasury Secretary Scott Bessent backing his stance, accusing India of profiting from Russian oil sales.

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