Trump says India offers to cut U.S. tariffs, but he is in no hurry to reach an agreement
Internet reports that U.S. President Trump said India has proposed to cut all tariffs on U.S. goods, but he downplayed the sense of urgency to reach a trade deal with the world's fourth-largest economy. In an interview, Trump cited India as an example of reducing barriers. "They make it almost impossible to do business. Do you know they are willing to cut tariffs by 100% for the United States?" Trump said. But Trump sent a different signal about the possibility of a deal, saying: "It will be done soon." I'm not in a hurry. Listen, everyone wants to make a deal with us." He added that he did not plan to "make an agreement with everyone." Trump's remarks show that the United States will only make unilateral decisions on the tariffs that many countries will face. Earlier Friday, Trump said he planned to set new import duty rates for trading partners "over the next two to three weeks." (Jin Shi)
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