New Delhi, March 8 -- US President Donald Trump claimed on Friday (March 7) that India has agreed to significantly cut down tariffs on American imports. "India charges us massive tariffs. Massive. You can't even sell anything in India...They have agreed, by the way; they want to cut their tariffs way down now because somebody is finally exposing them for what they have done," Trump stated. This announcement follows Trump's earlier declaration that reciprocal tariffs would be imposed on India starting April 2, in response to what he described as "unfair" trade policies towards the United States.

Just days ago, Trump defended his decision to impose reciprocal tariffs on countries such as Canada, China, Mexico, and India, with the tariffs s...