Trump says India offered to remove tariffs on US goods

U.S. and India set to benefit from improved trade relations

Indian Prime Minister, Narendra Modi, has reportedly offered to remove tariffs on selected goods from the U.S. Should the proposal go ahead, it would potentially reduce the cost of imported goods in India and increase availability in the country. While the specific products affected are yet to be disclosed, it is believed that the initiative will be reciprocal and include a reduction in tariffs on Indian products entering the U.S.

What's next?

While President Trump has praised the move, insiders suggest that it is unlikely to affect the ongoing trade dispute between the two countries. Going forward, if the proposed measures are implemented, both nations will potentially see the growth of trade relationships and an increase in imported goods. This is a developing story and more information will follow as it arises.