US President Donald Trump on Tuesday (local time) said the US and India will soon finalise a trade deal with “much lower tariffs,” which would enable fairer competition between the two countries. The deal, he said, would help American companies compete in the South Asian market, Reuters reported.
“I think we are going to have a deal with India, and it’s going to be a different kind of deal,” Trump said. “It will allow us to compete. Right now, India doesn’t accept anybody in. But if that changes, we’ll have a deal with much less tariffs.”