US India Trade Deal: After imposing heavy tariffs on 14 countries, US President Donald Trump has said that a major trade agreement between the US and India could be completed soon. He made this statement during a private dinner with Israeli President Benjamin Netanyahu.

Trump said, “We are very close to an agreement with India.” He also informed that the US has already signed a trade agreement with the United Kingdom (UK) and China. This strategy of the Trump administration is considered to be a part of a large plan to re -shape global trade relations and establish America’s strength through tariffs.

America’s need to reduce trade deficit: Trump

The US President has said that the countries which do not accept the trade conditions of America, will soon have to face new tariffs i.e. tax. He said, “We have reached a good agreement with some countries. Some are going to happen soon with some, but we will send a new tax notice to the countries which will not accept our conditions.” Trump said that these taxes are necessary to reduce America’s trade deficit and strengthen the country’s economy and security.

Indo-US trade agreement may be held on 9 July

Sources told the news agency PTI that if the existing differences are resolved, the interim trade agreement between India and the US could be announced before 9 July. The two countries started a discussion on the bilateral trade agreement – BTA in February this year, which targets to complete the first phase by September -October. At the moment, the two countries are seriously trying to finalize an interim trade deal, so that the path of the final agreement can be easier.

Also read-

Trump’s ‘tariff bomb’, heavy tax of up to 40% imposed on 14 countries, warned and said- ‘So we are equally …’

New us tarifs 2025: US President Donald Trump has announced to impose new business tax (tariff) on 14 countries on Monday (July 8, 2025). The highest 40 percent fee has been levied on Myanmar and Laos. These new rules will be applicable from August 1.

Trump gave information about these tariffs on his social media platform Truth social. He informed that official letters related to this decision have been sent to the leaders of all countries. Trump described it as a new wave of tariff letters.

Trump gave this warning of 14 countries

Trump has warned in a strict tone in the official letters sent to 14 countries that if they increase tariffs (fees) on the US under revenge, then America will add more tax. He clearly wrote, “If you increase your tariff for any reason, the more you have increased, the more additional tax on it will be added to it.”

Trump told why tariff is necessary for America

He also said that these new tariffs are necessary so that those years old wrong policies can be improved in which a huge trade deficit was imposed on America. According to Trump, these policies have included both tariffs and non-tariff bottlenecks. Trump said, “This trade deficit on America is not only a big threat to our economy, but also for national security.”

Why did Trump choose Japan and South Korea first?

When the White House Press Secretary Caroline Lewitt was asked why these two countries were first selected, he said, “This is the privilege of the President. He selected the countries he considers appropriate.” Caroline further stated that the Trump administration is close to finalizing the agreement with several other business partners. He said, “The President wants these deals to prove to be the best for America.”

How much tax on which countries?

1. Myanmar- 40%
2. Lao People’s Democratic Republic (Laos)- 40%
3. Cambodia- 36%
4. Thailand- 36%
5. Bangladesh- 35%
6. Serbia- 35%
7. Indonesia- 32%
8. South Africa- 30%
9. Bosnia and Herzegovina- 30%
10. Japan- 25%
11. Kazakhstan- 25%
12. Malaysia- 25%
13. South Korea- 25%
14. Tunisia- 25%

Also read-

Trump’s sword on Japan and South Korea, sent 25 percent tax letter

Till now, India is finally retaliating against Trump’s tax policy for the first time. It is reported that India has submitted a proposal to impose duty on American products to the World Trade Organization (WTO). It is believed that this step has been taken by the US in response to the US imposing an additional 25 per cent tariff on steel and aluminum imports in March 2024.

Which products will be given extra tariffs

The May 12 document sent to WTO clarifies that “suspension of proposed concessions or other obligations will be in the form of tariff growth on select products coming from the US.” However, it has not yet been cleared on which special products this tariff will apply.

In March, the US implemented 25 per cent tariffs on imported steel and aluminum from other countries including India. This tariff is an extension of the policy launched in Donald Trump’s first term in 2018. This step has directly affected the country like India. India is the second largest raw steel producing country in the world.

Effect on billions of products

India has said in its document that this decision of America has affected the India-made products of about $ 7.6 billion, which are exported to the US. Along with this, the Trump administration has also talked about imposing recipes up to 26 percent on Indian goods.

The ongoing trade deal conversation

Amidst this atmosphere of tariff war, India and America are also in the process of finalizing a comprehensive trade deal. According to Bloomberg report, by the end of this year, both countries can reach an agreement. India has indicated that it is ready to reduce its tariff gap with America by two-thirds.

Will this step affect the conversation?

Talking to Hindustan Times, a trade expert said that this retaliation came at a time when India and America are working on the possibilities of a comprehensive free trade agreement. In such a situation, this retaliation by India can slow down the process of negotiation.

India is also taking internal steps

India is not only imposing counter tariffs, but it is also giving protection to its domestic industry. Last month, India also imposed a temporary tariff of 12 per cent to prevent cheap steel imports coming from China. Its purpose is to balance domestic supply and protect the steel industry.

Also read: Which friend of Donald Trump is taking “fat shot”, people are making this businessman viral on social media

Us-china trade war: America-China trade war is deepening every passing day. The big companies of both countries are suffering the brunt of Xi Jinping and Donald Trump’s enmity. Recently, a tough decision of China has once again put America’s plane manufacturer Boeing in trouble.

In fact, China has instructed its airlines not to take new aircraft from Boeing, causing a huge decline in the company’s shares on Tuesday. It is believed that this decision has been taken due to the US-China Trade War.

What is the whole matter?

According to a report, China has stopped its airlines from taking delivery of any new aircraft in Boeing. There was no official statement from China, but the report of Bloomberg has given air to this news.

Why does Boeing feel a shock?

Boeing is the largest exporting company in the US and employs around 150,000 American employees. But the company has been struggling for the last 6 years and the company has faced a loss of $ 51 billion since 2018. The special thing is that two-thirds aircraft of the company are sold to international customers, the largest market is China.

Boeing estimates that China will need about 8,830 new aircraft in the next 20 years, but after this decision, Boeing may suffer a lot from this market.

What is the only trade war?

Boeing’s problem is not just due to business stresses. The company had to ground its best -selling aircraft 737 Max after two deadly accidents in 2018 and 2019. Due to this, China did not allow these aircraft to return to service for a long time, while other countries brought them back to flight in 2020.

Why is delivery necessary for Boeing?

Boeing gets a large share in payment only after delivery of the aircraft. That is, till the delivery is not done, there will be no earning. According to the company, by the end of 2024 it has 55 aircraft in stocks, most of which were for the customers of China and India, but now it has become a burden on the stock company due to stopping delivery.

New battle of trade war

After US President Donald Trump imposed tariffs up to 145 per cent on Chinese products, China also retaliated and taxed US products up to 125 per cent. Their sales in China have almost become impossible due to so much tax on Boeing’s expensive aircraft. According to a CNN report, in 2017 and 2018, Boeing took orders for 122 aircraft from China, while in the last 6 years it has received only 28 orders, that too most of the freight aircraft.

Also read: Us China Trade War: China showed power amidst trade war … Another big trouble standing for America

The style of US President Donald Trump has always been different and now he did the same again in the US-China Trade War that he expected from him. Strong bets, high tariffs and a lot of political drama. But this time the bet is big and the game has now become a shake of global economy, not just political. This is the reason that the whole world is now eyeing every plan of Donald Trump.

Complicated Trump’s ‘detailed planning’

Former US President Donald Trump has imposed 145 percent tariffs on China and is claiming that all this is part of his ‘detailed planning’. But after this decision, there is upheaval in markets around the world and there is an atmosphere of confusion inside America too.

White house officials are saying that everything is running ‘according to the plan’, but sometime of tariffs, then giving discounts on the phone and computer and then no, they will also come in the tariff … All these steps seem to be entangling the policy of the trump administration.

China’s answer is ‘No Calling Trump’

Chinese President Xi Jinping has not yet reacted to the initiative of any urge or negotiation of America. According to reports, Beijing is currently avoiding talks. China believes that this US policy is ‘bullying’, that is, the bullying policy and China will not bow under this pressure.

For China, this is not just a trade war, but a question related to its sovereignty and global status. This is the reason why Jinping does not want to create any kind of “bending” image.

America vs China, who is in more loss?

The Trump government claims that America has more strength. As much as China exports America, America does not do as much to China. But many experts believe that the Chinese government can bear the imposed economic pressure on its people, while the people of America are more sensitive about inflation, shortage and retirement funds.

Trump’s political land is also shaking?

According to the recent CBS survey, Trump’s ratings to handle the economy and inflation are falling. 60 percent of the people believe that they are not able to handle inflation properly. Not only this, 75 percent of the people believe that due to the tariff, prices will increase further in the coming time. This bet of Trump becomes more risky for him because he had said to eat and drink the cost of the house in his election promises.

‘Dealmaker’ Trump’s most difficult exam

Trump has always called himself a ‘master dealmaker’, but this time the match is different. Relationships with China are not limited to trade, this includes political reputation, global power balance and all the pockets of common people.

Now it has to be seen whether Trump can win America with his bargaining skills this time or this trade war will prove to be a big political risk for him.

Also read: Betting of 8.3 lakh crores in IPL! So much money is moving here and there that UPI also got upset, read reports

The US government may have given some electronic products exempted from tariffs i.e. import duty, but this relief is not going to last long. US Commerce Secretary Howard Lonik has clearly stated that this discount is just temporary and soon a special “semiconductor tariff” will be imposed on these products.

What did Commerce Secretary say?

Talking on the ABC channel’s show ‘This Week’ on Sunday, America’s Commerce Secretary Lonik said, “Many electronic items like smartphones, computers, solar cells, flat-panel TVs have been excluded from the tariffs right now, but all these products will be under semector tax in the next 1-2 months.” He said that America now wants to build these essential things like chips, flat panels and semiconductors in its country itself. Lonik insisted that we cannot be completely dependent on South East Asia.

It is a matter of national security

Lonik also made it clear that this is not an issue that can be resolved by negotiating with other countries. He said that these products now come under ‘National Security’. Meaning, it should now be made in America. They cannot be exempted from tariffs forever.

What is the thinking of Trump administration?

President Donald Trump and his team want factories to be made again in America, especially the goods related to medicines and technology. For this, companies are being forced to bring back the manufacturing by imposing tax on imports.

Which products are now exempted?

On Friday night, the US Customs Agency issued a notice stating that things like smartphones, computers, solar cells, TV displays, and storage devices are currently exempted from tariffs. But now it has become clear that this discount is temporary and tax may be applied again in the coming months.

Message to india

The tariff policy in the US has now directly connected to the National Security. For countries like India, it is an indication that in global trade, more ‘safe trade’ is coming more than ‘free trade’.

Also read: India US Trade Deal: Not exactly for India ‘Zero-for-Zero’ tariff model … Sources told how to talk to Donald Trump

Us-china trade war: Donald Trump’s new tariff policy has shaken the fast fashion industry. The US is now ending the tax-free exemption on parcels less than $ 800 from China, which will cause huge losses to Chinese e-commerce platforms like Sheen, Temu and Alixpress. From May 2, these parcels will be charged 120 percent, due to which prices of cheap clothes and household goods are going to increase.

What is the new rule?

According to CNN report, till now there was no import tax on parcels worth $ 800 or less in the US. This is called “de minimis exemption”. Due to this, brands like Shein, Temu, Aliexpress continued to sell clothes and other products at very cheap prices in America. But now this discount has been abolished from May 2.

The Trump administration has announced that 120 percent import duty will be imposed on the parcel coming from China. From June 1, this fee can increase further to $ 200 per parcel. Also, a total of 145 percent tariffs will be implemented on all products coming from China.

Secondhand market benefits?

Online Secondhand Store Threadup hopes that people will turn to old clothes due to fast fashion. The company says that he had demanded the abolition of de minimis exemption for years, as it used to give fashion advantage to fashion. According to the survey of threadup, 60 percent of the Americans say that if the clothes are expensive, they will turn to the secondhand market.

But will people change the habit of tariff?

Fast fashion brands like H&M and Uniclo have shifted their production to countries like Vietnam, Bangladesh, where tariffs have been stopped for 90 days.

What will happen next?

In the next few months, it will be clear whether the tariff will really change the shopping habits of American consumers. At the moment, the magic of fast fashion is still intact, but the secondhand market can get a big benefit from it.

Also read: Gold Price: A big change in gold-silver rate! Know what the expert said, the price will increase or the price will fall

Us tariff policy: American gave relief from tariffs to more than 75 countries of the world, but Trump is constantly increasing the fees on goods imported from China. Due to the decline in the dollar and the upheaval in the markets, concerns about American economy have increased. Meanwhile, US President Donald Trump posted on the social media platform Truth and said that we are doing a really good work on our tariff policy, which is very exciting for America and the world. He said that we are moving fast.

Xi Jinping’s first response to tariff

Trump’s statement came at a time when the US dollar has fallen drastically and it reached a three -year low compared to the Euro. On Trump’s tariff policy, Chinese President Xi Jinping said, “China and Europe should fulfill their international responsibilities and oppose the unilateral threatening policies of America.”

Tariff war broke out in China-America

China retaliated against the continuous increase in tariffs by the Trump administration. China also increased the tariff to 125 on imports of American products to 125 on Friday. Earlier, the US had announced to increase the duty on products imported from China to 145 percent. However, China has also shown interest in interacting with the US administration to remove the trade war on the custom commission.

Announcing an additional 125 per cent duty on US imports, China’s Customs Commission said, “If America imposes even more duty, it will not have any economy and finally it will be recorded as a joke in world economic history.” China said that if America is engaged in weakening our interests, then China will take strict retaliation and fight till the last. China’s Ministry of Commerce has also filed a case against the US in the World Trade Organization (WTO).

Also read: Helicopter fell into the Hudson River in the air flying in America, heartbreaking video came in Hudson River

Us-eu trade war: Europe has also retaliated on Donald Trump’s tariff bomb. On Wednesday, the European Union (EU) approved the US to impose tariffs on 20 billion euros (about Rs 1.8 lakh crore) products. In the target of the European Union, soybeans, motorcycles, beauty products and more.

What is the whole matter?

Donald Trump recently hit a heavy tariff on steel and aluminum coming from Europe. In response, EU has also taken up the front and has clearly said that he will not bear anymore!

These taxes will start from April 15

EU says that this attitude of America is not only unfair, but it is causing damage to the economies on both sides. Also, global economy is also being affected.

Is EU ready for conversation?

EU has said that if the US is ready for “just and balanced deal”, then these tariffs can also be stopped. But at the moment Europe is in its own attitude.

What is involved in EU’s counter-war?

This time EU has retaliated on two levels-

First step- Trump was set in his first term but currently suspended taxes are being activated again.

Second step- A new list has been prepared, which will be taxed from next month. Duty will start from December on some items.

Which products will be hit on tariff

According to Mint’s report, this time the special thing is that most of the products that EU has chosen for heavy tariffs is from states where Trump’s Republican party dominates. That is, political targets have also been served. These products are- motorcycle, chicken, maize, dry fruits, wood, paintings, textile and electronic goods. Tariff will be hit on all these.

What has Trump done?

Trump announced 25 percent duty on cars coming from Europe and 20 percent tax on other goods. EU has said that these will also be reversed soon. This tariff confrontation between America and Europe is now taking the form of a direct trade war.

Also read: US China Trade War: China has another attack on America, 84% tariff taken on 18 American companies

Due to Donald Trump’s tariff policy, there is uproar all over the world. Especially the ongoing trade war between China and America has severely affected many things. It is being said that now its effect can also be seen on iPhone prices. Let us know why the tech experts are saying that in the coming time, the iPhone is going to be three times expensive than its current price.

What is the whole matter?

When Donald Trump implemented the reciperook tariff policy, he claimed that his new tariff policy would bring back jobs and factories in America. But tech experts believe that this can lead to a huge increase in the prices of smartphones. According to a report published on CNN, Global Technology Research Head Dan Iaves of Vedbash Securities made a shocking disclosure that if the production of iPhone starts in America, then its price can reach about $ 3,500 (about 3.5 lakh rupees), which is three times more than the current price.

Why will iPhone become expensive?

The main reason behind the expensive iPhone is the increase in production costs in the US. According to Iaves, Apple will spend around 30 billion dollars to repeat the existing supply chain in Asia in the US and it will take three years to shift only 10 percent production.

Currently, iPhone components are made in Taiwan, South Korea and China while 90 percent of iPhone assembling is in China. In such a situation, the prices of iPhone will be affected due to heavy tariffs and trade war imposed by the US on these countries. Let us tell you, due to Trump’s tariff policy, Apple’s shares have already fallen by 25 percent.

Also read: US China Trade War: China has another attack on America, 84% tariff taken on 18 American companies