WASHINGTON, July 30 -- President Donald Trump issued a stern warning on Tuesday. He said India could face sharp tariffs if no trade deal is reached. Trump highlighted that India lacks a finalized agreement with the U.S. and may see duties rise up to 25%, effective from August 1.
Trump, speaking aboard Air Force One, mentioned that India "has been a good friend," but added India imposes the highest tariffs of any country. He stated this pattern must end. When questioned about reports of India preparing for higher tariffs, Trump confirmed no deal exists yet-and tougher duties remain possible.
Meanwhile, Indian officials intend to resume broad talks by mid-August, when a U.S. delegation visits New Delhi. They aim for a comprehensive trade ...
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