US President Donald Trump
Washington: Speaking at the Big Beautiful Bill event, US President Donald Trump said that America is going to make a big deal with India. In this event held at the White House, Trump also said that the deal has been done with China. On April 2, the US announced a 26 per cent extra tariff on some goods coming from India. However, it has been postponed for 90 days. Now this tax may be applied again after July 9, but before that Trump has given big indications, saying the deal. India wants it to get full exemption from this extra tax. On the other hand, the US wants India to give it tax exemption on certain products.
What did Trump say?
Pointing to the trade deal, Trump said, “Everyone wants to deal and be a part of it. Remember a few months ago, the press was saying, is there really someone that is interested?
‘Deals will not be done with other countries’
Trump stressed during this time that deals would not be done with every other countries. He said, “We are not going to deal with everyone. We will just thank some people by sending a letter very thank you. You have to pay 25, 35, 45 percent, this is an easy way.
America-China relationship
However, Trump did not talk in detail about the deal with China during this period. In early June, CNN reported in its report that the US and China have signed a new trade agreement. Earlier, Trump had started a Tourif war against China. The kind of steps taken by Trump was to see a tension in the relations between America and China.
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