Trump Says India May Get 20% to 25% Tariff But Not Yet Final
Despite an extended deadline, Trump has only secured a handful of deals.
Photographer: Bonnie Cash/UPI/Bloomberg
President Donald Trump said that India may be hit with a tariff rate of 20% to 25%, while cautioning that the final levy still hadn’t been finalized as the nations negotiate a trade deal ahead of an Aug. 1 deadline.
“I think so,” Trump told reporters Tuesday when asked if that was a possible tariff rate for New Delhi.