US-India Trade Deal | The Press Pad

US President Donald Trump has stated that India is working on a trade deal similar to the recent agreement between the US and Indonesia, which could mark a significant shift in India's trade relations with Washington. Under the US-Indonesia deal, American goods are allowed to enter Indonesia tariff-free, while Indonesian exports to the US face a 19% tariff. President Trump, speaking to reporters in Washington, noted, “India is working along that same line.” He suggested the US expects greater market access in India, though it remains uncertain whether New Delhi would accept similar terms, which may be politically and economically challenging. Notably, Trump has set an August 1 deadline for finalizing multiple trade agreements, including one with India. If a deal is not reached by that date, the US may impose tariffs of up to 35% on Indian goods. In the broader context of global trade realignment, Trump has emphasized that the US is using tough tariff policies to extract better deals

India Eyes US-Style Trade Deal as Trump Unveils 19% Tariff Pact with Indonesia

US President Donald Trump announced a 19% tariff trade deal with Indonesia, securing major purchases of energy, agriculture, and aircraft. He revealed India is working on a similar pact, though it remains unclear if New Delhi will accept comparable terms. With an August 1 deadline approaching, Trump warned of steep tariffs on countries like India and others purchasing Russian energy, as the US aggressively reshapes global trade with tariffs and executive actions.

Jul 16, 20253 min read