US President Donald Trump on Tuesday said that Washington would be “bringing down” tariffs on Indian imports at some point as the two countries move closer to a new trade agreement. Speaking about ongoing trade negotiations, Trump said that tariffs had been raised due to India’s oil trade with Russia but claimed that New Delhi had “stopped” those purchases.

“The tariffs are very high on India due to Russian oil and they (India) have stopped doing the Russian oil very substantially,” Trump said when asked about the talks. “We’re gonna be bringing the tariffs down… at some point, we’ll bring them down,” he added.

Trump’s remarks come months after his administration doubled tariffs on Indian goods to 50 per cent in August, citing India’s continued energy partnership with Moscow. The move wa

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