Friday, June 6, 2025

Tariffs shouldn’t hinder US-India growth: Congressman Rich McCormick

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Tariffs should not hinder growth or closer economic ties between India and the United States, US Congressman Rich McCormick told CNBC-TV18.“The less regulation and taxation we have on there, to include tariffs, the better off both countries are going to be for each other,” he said, calling for a more open and mutually beneficial trade relationship.
McCormick said India is among the fastest-growing markets in the world, particularly in the digital economy, and pointed to the strategic value of deeper engagement. He said India is not only open to working with the US but increasingly views it as a major economic opportunity—an outlook that is becoming more widely shared in Washington.
“We see a huge market in India,” he said, adding that the growing alignment between the two economies bodes well for future collaboration.Although he expressed support for reciprocal tariffs, McCormick made it clear that he prefers minimal government involvement. “I’m not a big government guy. I’d rather see no taxes and free trade,” he said.

He also called for India to be included in key global discussions, particularly in areas such as technology and digital trade, pointing to the country’s rapid growth and willingness to engage as strong reasons for the US to expand its economic ties with New Delhi.

Watch accompanying video for full show.

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