financetom
Business
financetom
/
Business
/
Trump: India has offered US a trade deal with no tariffs
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trump: India has offered US a trade deal with no tariffs
May 26, 2025 8:20 AM

(Reuters) - U.S President Donald Trump said on Thursday that India had offered the U.S a trade deal that proposed "no tariffs".

New Delhi is seeking to clinch a trade deal with the U.S. within the 90-day pause announced by Trump on April 9 on tariff hikes for major trading partners, which had included a 26% tariff on India.

"It is very hard to sell in India, and they are offering us a deal where basically they are willing to literally charge us no tariffs," Trump said in a meeting with executives in Doha.

The United States is India's largest trading partner, with bilateral trade totalling some $129 billion in 2024. The trade balance is currently in favour of India, which runs a $45.7 billion surplus with the U.S.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Disc Medicine Insider Sold Shares Worth $1,966,286, According to a Recent SEC Filing
Disc Medicine Insider Sold Shares Worth $1,966,286, According to a Recent SEC Filing
Aug 18, 2025
04:05 AM EDT, 08/18/2025 (MT Newswires) -- Kevin Bitterman, Director, on August 13, 2025, sold 32,174 shares in Disc Medicine ( IRON ) for $1,966,286. Following the Form 4 filing with the SEC, Bitterman has control over a total of 1,064,457 common shares of the company, with 1,064,457 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1816736/000141588925022124/xslF345X05/form4-08152025_110842.xml ...
Bumble Insider Sold Shares Worth $8,545,626, According to a Recent SEC Filing
Bumble Insider Sold Shares Worth $8,545,626, According to a Recent SEC Filing
Aug 18, 2025
04:02 AM EDT, 08/18/2025 (MT Newswires) -- Whitney Wolfe Herd, 10% Owner, Director, Chief Executive Officer, on August 13, 2025, sold 1,365,116 shares in Bumble (BMBL) for $8,545,626. Following the Form 4 filing with the SEC, Herd has control over a total of 1,721,513 Class A common shares of the company, with 1,598,258 shares held directly and 123,255 controlled indirectly....
Cummins Insider Sold Shares Worth $2,015,215, According to a Recent SEC Filing
Cummins Insider Sold Shares Worth $2,015,215, According to a Recent SEC Filing
Aug 18, 2025
03:57 AM EDT, 08/18/2025 (MT Newswires) -- Amy Rochelle Davis, Vice President and President, Accelera and Components, on August 14, 2025, sold 5,002 shares in Cummins (CMI) for $2,015,215. Following the Form 4 filing with the SEC, Davis has control over a total of 20,738 common shares of the company, with 20,738 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/26172/000122520825007305/xslF345X05/doc4.xml ...
LyondellBasell Industries Insider Sold Shares Worth $1,071,422, According to a Recent SEC Filing
LyondellBasell Industries Insider Sold Shares Worth $1,071,422, According to a Recent SEC Filing
Aug 18, 2025
03:56 AM EDT, 08/18/2025 (MT Newswires) -- Peter Z. E. Vanacker, Director, Chief Executive Officer, on August 15, 2025, sold 20,000 shares in LyondellBasell Industries ( LYB ) for $1,071,422. Following the Form 4 filing with the SEC, Vanacker has control over a total of 160,351 Class A ordinary shares of the company, with 160,351 shares held directly. SEC Filing:...
Copyright 2023-2026 - www.financetom.com All Rights Reserved