India offers to eliminate tariffs for Trump as part of trade deal

While meeting with business leaders in Qatar Thursday, President Trump said India had offered to eliminate tariffs on the United States as part of a potential trade deal.

If that comes to pass, it could show a significant breakthrough with an important American trading partner.

India is one of several countries trying to strike a deal with the President within his 90-day pause on tariff hikes but some reports in local Indian news agencies say nothing has been decided.

Trump has imposed a 10 per cent baseline tariff on all goods entering the United States with the threat of his reciprocal tariffs coming into effect in early July, India stands to face a 26 per cent reciprocal levy on all goods.