India has offered US a trade deal with no tariffs: Trump
US President Donald Trump said on Thursday that India had offered a trade deal that proposed “no tariffs” for American goods, while expressing his dissatisfaction with Apple’s (AAPL.O) plans to invest in India. New Delhi is seeking to clinch a trade deal with the US within the 90-day pause announced by Trump on April 9 on tariff hikes for major trading partners. “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 the Qatari capital Doha. Reuters has reported that New Delhi has offered to reduce duties to zero on 60 per cent of tariff lines in a first phase of the deal under negotiation with Washington, while offering preferential access to nearly 90pc of the merchandise India imports from the US.