U.S. President Donald Trump on Monday (September 1, 2025) claimed that India has now “offered” to cut its tariffs to nothing, “but it’s getting late”, as he said that India buys most of its oil and military products from Russia and very little from the U.S.

“What few people understand is that we do very little business with India, but they do a tremendous amount of business with us,” Mr. Trump said in a post on Truth Social.