Trump Says India Offered to Eliminate All Tariffs on US Goods—But He’s “In No Rush” for a Deal

In a recent Fox News interview with host Bret Baier, former U.S. President Donald Trump revealed a significant development in trade relations: India has reportedly offered to eliminate all tariffs on American goods. The discussion, which took place on May 16, 2025, highlights ongoing negotiations between the two nations—and Trump’s distinctive approach to dealmaking.

The Big Picture

Trump stated that Indian Prime Minister Narendra Modi’s government extended the tariff-free proposal as part of efforts to strengthen economic ties. The former president framed this as a victory for his administration’s push to expand access for U.S. exports. However, true to his negotiating style, Trump emphasized he’s “in no rush” to finalize an agreement, signaling a strategic pause.

Trade tensions between the U.S. and India are not new. Trump has long criticized India’s trade policies, labeling them unfair to American businesses. India’s latest offer suggests a willingness to compromise, but the U.S. appears focused on securing optimal terms rather than rushing into a deal.

Behind the Scenes: A Calculated Approach

The interview underscored Trump’s preference for patience over haste. While India’s proposal could mark a major breakthrough, Trump’s reluctance to act quickly reflects his broader trade strategy. Similar tactics have been employed in negotiations with China and the U.K., where outcomes have varied.

Notably, the conversation referenced a February meeting between Trump and Modi at the White House, where trade was likely a key agenda item. A photo from that meeting, highlighted in Bloomberg’s coverage, adds context to the ongoing discussions.

Implications for Businesses and Consumers

If finalized, a tariff-free agreement could lower costs for U.S. exports to India—benefiting industries like agriculture and technology. American farmers and manufacturers stand to gain, while Indian businesses may seek reciprocal advantages, potentially reshaping trade dynamics.

For now, the U.S. holds the leverage. Trump’s deliberate pace suggests a focus on long-term gains rather than immediate concessions. As trade analysts monitor developments, one thing remains certain: global commerce under Trump’s leadership continues to defy predictability.

Would you like a deeper dive into how this could affect specific sectors? Share your thoughts below.