Washington, July 9 -- The US and India are close to reaching a trade deal, President Donald Trump said on Monday, as his administration held off on including India among 14 countries that were sent ultimatum letters, threatening new tariffs from August 1.

Officials in New Delhi have said that they are waiting on word from Washington, after trade talks concluded last week with some sticking points appearing to remain unresolved.

"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," Trump told reporters during a meeting with Israel's Prime Minister Benjamin Netanyahu.

Speaking on Tuesday morning, Trump appeared to temper some of the optimism by a separate threat when he said I...