India may cut customs duties on a few high-end goods - such as a special kind of steel, expensive motorcycles, and electronic items - imported from the United States, sources told NDTV Wednesday.

Donald Trump announced plans to impose tariffs on countries like China, India, and Brazil, accusing them of harming the US with high tariffs. Advocating for domestic production, he urged companies to build plants in the US and vowed support for key industries like steel,

Donald Trump said that US will create a “fair system” where funds will flow into the nation's coffers, ensuring that America becomes “very rich again.”