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, while casting doubt on a possible deal with Japan.
BreakdownGenerated by LeadStory AI
- Trump is hopeful about reaching a trade deal with India to lower tariffs. 9s
- He believes a deal with India could improve American companies' market access. 14s
- Trump is doubtful about a trade agreement with Japan, citing trade imbalances. 39s
- He mentioned Japan's refusal to import American rice and its large trade surplus in cars. 55s
- Japanese officials say talks will continue but stress protecting their agriculture sector. 1m 19s
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Global Tariffs
Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.