US EditionTrump Says US Could Reach Trade Deal with India, Casts Doubt on Deal with Japan
- On July 1, 2025, U.S. President Donald Trump expressed optimism about finalizing a trade agreement with India that would reduce tariffs for American businesses, while expressing skepticism about reaching a similar deal with Japan as the July 9 tariff deadline nears.
- The trade negotiations continue as a 90-day suspension of a 26% reciprocal tariff on Indian imports is set to expire on July 9, with unresolved disputes over tariffs on vehicle parts, metal products, and agricultural items.
- Indian Foreign Minister Subrahmanyam Jaishankar, visiting the U.S. for a China-focused Quad meeting, described the negotiation as intricate and hoped for a successful conclusion but could not guarantee a deal due to other parties involved.
- Treasury Secretary Scott Bessent stated, "We are very close with India" on trade negotiations that aim to reduce tariffs on U.S. exports and prevent sharp levy increases starting July 9, while Trump said he would send tariff notification letters to countries.
- Trump threatened to impose higher tariffs of 30% or 35% on Japan for refusing to accept U.S.-grown rice, signaling skepticism over a deal and emphasizing the administration's prioritization of trade agreements with India over Japan.
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In Europe, financial markets are progressing cautiously as Asian markets decline after Donald Trump has deemed an agreement with Japan "unlikely". ...
·Brussels, Belgium
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Trump casts doubt on trade deal with Japan, says U.S. could reach deal with India | The Asahi Shimbun Asia & Japan Watch
WASHINGTON--The United States could reach a trade deal with India that would help American companies compete in the South Asian country and leave it facing far lower tariffs, President Donald Trump said on Tuesday, while casting doubt on a possible deal with Japan.
·Tokyo, Japan
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Total News Sources42
Leaning Left4Leaning Right8Center8Last UpdatedBias Distribution40% Center, 40% Right
Bias Distribution
- 40% of the sources are Center, 40% of the sources lean Right
40% Right
L 20%
C 40%
R 40%
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