India and the United States started official talks today to work on a trade agreement. On the same day, US President Donald Trump repeated his claim that India is ready to offer zero tariffs (no taxes on trade) to the US.
Just two days earlier, India’s Foreign Minister S. Jaishankar had responded to Trump’s earlier comments by saying that the talks are still ongoing and that “nothing is final until everything is final.” He added that trade deals are complex and must benefit both countries.
In an interview with Fox News on Friday, Trump said, “India makes it almost impossible to do business. But now they are ready to cut 100% of their tariffs for the US.” He also said a deal could happen soon, but he is not in a hurry.
At the same time, a team led by India’s Commerce Minister has started discussions with US officials in Washington to move forward with the trade deal.
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