US President Donald Trump on Tuesday (India time) said that Washington is close to finalising a deal with India as he announced new tariff rates on 14 nations.
Reports following his interaction with media at White House quoted Trump as saying that the US has spoken to “everybody” about the reciprocal tariffs.
” We are going to say, welcome to the United States, if you’d like to participate in the greatest, most successful country ever.
“Now we’ve made a deal with the United Kingdom. We’ve made a deal with China. We’re close to making a deal with India. Others we met with, and we don’t think we’re going to be able to make a deal. So we just send them a letter,” he added.
The letters sent to Japan and South Korea were posted by Trump on his social media platform Truth Social, according to which the US would impose 25% tariffs on imports on the two countries from August 1
The reciprocal tariff pause runs out on July 9.
Those familiar with developments say that negotiators from India and the US are close to finalising the deal, however, disagreements regarding dairy and agriculture sectors remain.
