Rejecting U.S. President Donald Trump’s assertion that India agreed to reduce tariffs after being exposed for limited trade practices, the Indian government is scheduled to release a statement on March 12, 2025 Announced reciprocal tariffs and attacked India’s 100% car import tariff in a March 7 White House speech, Trump India, however, disputes having any tariff lowering commitment, as confirmed by a parliamentary panel on March 10. India’s average tariff, according to Minister of Commerce Piyush Goyal, follows world standards. The statement will underline India’s dedication to safeguarding home businesses and the need of continuous trade negotiations being mutually beneficial.