World Exclusive: US Commerce Secretary Says Reciprocal Tariffs An Extraordinary Opportunity!

Amid concerns over the impending reciprocal tariff announced by US President Donald Trump, which will also impact India, US Secretary of Commerce Howard Lutnick urged India to lower its tariffs on American goods, saying such a move could pave the way for an "extraordinary relationship" with the United States. Speaking at the India Today Conclave on Friday, Lutnick commented that the United States is keen on establishing a comprehensive, large-scale trade agreement with India that encompasses all key aspects. He stressed India has some of the highest tariffs in the world, necessitating a reassessment of the trade relationship to determine the future course of ties between New Delhi and Washington. "It's time to do something big, something grand, something that connects India and the United States together, but does it on a broad scale, not product by product, but rather the whole thing. Let's bring India's tariff policy towards America down, and America will invite India to have really an extraordinary opportunity and relationship with us," Lutnick said.