Trump says Delhi is ready to accuse “definitions” on American goods
US President Donald Trump said that India has offered the dropping of all definitions on the goods imported from his country.
Trump said at an event in Doha: “The Indian government has made us a deal as they are ready to literally accuse us of any tariff,” Trump said at an event in Doha.
India and the United States are currently in talks to negotiate a trade agreement.
Delhi has not yet commented on the notes. The BBC has reached the Ministry of Commerce in India to comment.
No other details were announced about the alleged deal.
Trump was speaking in an event with business leaders in Doha, where he announced a series of deals between the United States and Qatar, including Boeing Gates.
According to Bloomberg, the US President also said he told the CEO of Apple Tim Cook not to expand production in India.
Bloomberg quoted Trump as saying about a conversation he said with Mr. Cook: “I said I do not want you to build in India.” He added that Apple will “increase its production in the United States.”
In a profit call earlier this month, Apple said it turned The production of most iPhone devices from China to India While Vietnam will be a major production center for elements such as iPads and Apple Watches.
President Trump slapped A tariff of up to 27 % On Indian goods in April. Delhi rushed to negotiate a commercial deal during the 90 -day Trump stopping period on the upper tariffs, which ends on July 9.
Until recently, the United States was a commercial partner in India, as bilateral trade reached 190 billion dollars (143 billion pounds).
Delhi has already reduced the customs tariff on Borbon whiskey, motorcycles and some other American products, but the United States has a $ 45 billion trade deficit with India, which Trump wants to reduce.
“Since Trump always blames the high tariff for India in the trade deficit, India can make 90 % of American exports free from customs tariffs from the first day, using the” zero-zero “approach-cutting the tariff on all goods except cars and agriculture, but the strict mutual deal must guarantee, while eliminating goods on an equal footing.”
Trump and Modi set a goal for more than one double trade to $ 500 billion, but Delhi is unlikely to make concessions in Sectors such as agriculture Where there are deeper political sensitivities.
India recently showed more openness to commercial deals after years of doubt.
Last week, ink A trade agreement with the United Kingdom This will reduce its duties to many protected sectors such as whiskey and cars.
India also signed a Free Trade Agreement 100 billion dollars With the European Free Trade Association (EFTA) last year – a group of four European countries that are not members of the European Union – after about 16 years of negotiations.
The European Union and India also pays a free trade agreement this year.
