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"Close To Making Deal With India": Trump As He Slaps Tariffs On 14 Countries

  • President Donald Trump announced that the U.S. is close to finalizing a trade agreement with India amidst new tariffs on imports from 14 countries, including Thailand.
  • On August 1, tariffs will be implemented, with Thailand facing 36% tariffs and Bangladesh facing 35% tariffs, as detailed in letters from Trump's administration.
  • Trump criticized other nations for high tariffs, stating, 'Countries were charging 200% tariffs and making it impossible to do business.'
  • Trump stated that tariffs on countries like Bangladesh are needed to counter their high tariffs on U.S. products.
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LoudFact broke the news in on Sunday, July 6, 2025.
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