Indian Prime Minister Narendra Modi plans to further reduce tariffs before his upcoming visit to the United States.
These tariff cuts could help boost American exports to India and prevent a potential trade conflict between the two countries, as reported by Reuters.
Modi’s two-day visit, starting Wednesday, coincides with US President Trump’s plan to impose reciprocal tariffs on several countries.
According to the report, these tariffs include a 25% duty on all steel and aluminum imports, which will affect major trading partners of the United States.
Trump has accused India of unfair trade practices, calling it a “very big abuser,” and has urged India to purchase more American security equipment to create a more balanced trade relationship.
In response, India is considering reducing tariffs in sectors like electronics, medical equipment, and chemicals to increase US exports while supporting its own production goals.
Over the past decade, trade relations between India and the US have strengthened, with the US viewing India as a key partner to counter China’s growing influence in the region.
In a statement on Monday, Modi said, “This visit will be an opportunity to build upon the successes of our collaboration in his (Trump’s) first term.”
He stated that the partnership between the two countries could be strengthened and expanded in key areas such as technology, trade, defense, energy, and supply chain resilience.
