U.S. President Donald Trump has hinted at a possible trade deal with India but warned of steep tariffs if no agreement is reached by August 1. Calling PM Modi a "friend," Trump criticized India’s high tariffs on U.

Donald Trump is not only going to be sticking to his tariffs against India but he is also set to penalize India with a penalty for its relationship with Russia

With the US tariff deadline looming, an India-US trade deal appears unlikely, though a last-minute breakthrough remains possible. Trump has hinted at tariffs of 20-25% on Indian goods, while India anticipates these as a temporary measure during ongoing negotiations.