By Admin 
US President Donald Trump said on Tuesday (11 November 2025) that his administration is very close to finalizing a Fair Trade Deal with India. He indicated that the high import tariffs imposed on India can be reduced in the coming times.
In response to questions from journalists, Trump said, “Tariffs on India are very high because of Russian oil, but now India has significantly reduced the purchase of oil from Russia.” We will reduce the tariff at the earliest appropriate time. His statement has come at a time when America had recently increased the duty on some products coming from India from 25% to 50%. The reason for this was said to be India’s ongoing oil import from Russia, whereas India has always been saying that it takes decisions based on its energy security interests.
#WATCH US President Donald Trump says, “We’re making a deal with India, a much different deal than we had in the past. So right now, they don’t love me, but they’ll love us again. We’re getting a fair deal, just a fair trade deal. We had pretty unfair trade deals…But we’re… pic.twitter.com/r93gmaU7xk
— ANI (@ANI) November 10, 2025
Trump’s comment on oil trade between India and Russia
Trump claimed that India has now significantly reduced the purchase of oil from Russia. However, the Government of India had already made it clear that its policy is based on energy procurement in line with national interests. Earlier, Trump had also said that he had received assurance from Prime Minister Narendra Modi to stop oil trade with Russia, but India had not confirmed any such conversation.
New chapter towards fair trade
Trump said in his statement that in the past decades, trade agreements between America and India have always been one-sided, due to which American companies suffered losses. “Now his administration is preparing an agreement that will equally balance the interests of both countries.” He said, “We are making a new agreement with India which will be completely different from before. This will prove beneficial for both the countries.”
Also read: ‘I am not afraid of Trump’, Zelensky’s provocative statement amid war with Russia; Britain and France were called cowards!