U.S.-India trade talks hit deadlock, U.S. may impose 25% tariffs on Indian goods

US-India Trade Talks Near Collapse! The US May Unilaterally Impose a 25% Import Tax on Indian Goods!

After concluding a pleasant golf trip in Scotland, the US stated that the US government plans to impose a 25% import tax on goods from India.

The president confirmed that the trade agreement between the US and India has made no progress, "As far as I know, there's no progress, they will have to pay 25% fees."

"Let's see, India is a good friend, but the import taxes it imposes are essentially higher than those of any other country, but now I'm in charge, I can't do that."

According to a report by The Indian Express, the negotiations between India and the US on the trade agreement have stalled due to a lack of significant breakthroughs. The US insists that India must allow US goods to enter its market duty-free, while New Delhi insists that the US should not impose an import tax on Indian goods exceeding 15%, and the two sides have failed to reach an agreement.

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