Trump said on his Truth Social platform that India “is our friend” but its “Tariffs are far too high” on U.S. goods.
The Census Bureau reported that the U.S. ran a $45.8 trade imbalance in goods with India last year, meaning it imported more than it exported.
Trump discussed his policies on trade and tariffs with reporters accompanying him Tuesday on the flight home following a five-day visit to Scotland. He declined to comment then when asked about reports that India was bracing for a U.S. tariff rate of at least 25%, saying, “We’re going to see.”
Trump also said the outlines of a trade agreement with India had not yet been finalized.
