A view of the sea

Will India Reduce Tariffs? Trump Sets April 2 Deadline

U.S. President Donald Trump expects India to lower tariffs on American goods

Trump said If India doesn't act by April 2, the U.S. will impose equivalent tariffs on Indian products

In 2023, U.S.-India trade reached $190.08 billion, with India enjoying a $43.65 billion surplus

Both nations aim to double bilateral trade to $500 billion by 2030

India has not yet imposed reciprocal tariffs on U.S. products but is under pressure to reduce existing ones

New U.S. tariffs could cost India up to $7 billion annually

"I believe they're going to be lowering those tariffs substantially," Trump stated

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