According to a new report by Reuters, India is considering lowering its import tariffs on US goods from 24% to zero. The decision is one of the measures India has taken to show its friendly attitude to US President Donald Trump.

According to reports, the Indian government has informed the Office of the United States Trade Representative (USTR) about its plans and said that the country will unveil a detailed tax cut package in the coming weeks. However, the exact size and timeline of the tax cuts remain unclear.

For India, lowering tariffs on American goods could be a key step in reaching a trade deal with the United States. India has been hoping to remove import tariffs on American goods, but the Trump administration has refused to budge.

However, there are reports that India may hope to attract more American investors and companies to invest in India through this tax cut. In addition, it may also stimulate the growth of the Indian economy, especially in Indian industries such as automobiles and electronics.

It is worth noting that India's move also means that it is seeking to change the trade relationship that has long been dependent on China and the European Union. In recent years, India has been looking for new export markets due to US sanctions on Chinese products.

Overall, India's announcement of lower tariffs on American goods is a positive sign of its growing importance on the international stage, but it remains to be seen whether it will ultimately lead to a comprehensive trade deal between India and the United States.