Since Donald Trump took office as the President of the United States, he has made significant decisions regarding reciprocal tariffs and tariff hikes. He has already imposed tariffs on Canada, Mexico, and China and stated that India would also face tariffs. However, in a recent statement, Trump mentioned that India would significantly reduce its tariffs. But a few days after this announcement, India clarified that it is not committed to reducing import tariffs on American products.

Trump has accused several countries, including India, of adopting unfair trade practices. He announced that reciprocal tariffs on India and other nations would begin next month. Last week, Trump once again criticized India's high tariffs, stating, “You cannot sell anything in India, and American product sales there are heavily restricted.” He added that India is now willing to reduce tariffs because its past trade practices have been exposed.

However, a national media report revealed that the Indian government has informed a parliamentary panel that it has made no commitments to the U.S. on this issue. India has reportedly requested time until September to address the concerns raised by the U.S. Commerce Secretary Sunil Barthwal stated that India and the U.S. are working towards a mutually beneficial bilateral trade agreement and are focusing on long-term trade cooperation rather than immediate tariff adjustments. Prime Minister Narendra Modi also expressed confidence that a mutually beneficial trade deal between the world’s largest and fifth-largest economies would be finalized soon. Modi had met Trump at the White House last month.