The director of the National Economic Council is discussing the new President Donald Trump’s deals, the Federal Reserve and more on “Kodlow”.
As president Donald Trump The air tariff rates enter this week, and there are a few countries that have not yet agreed on a commercial deal.
In the days preceding the deadline of August, Trump revealed a wave of major commercial agreements with the main American partners, including Japan and the United Kingdom and European Union And South Korea.
Trump’s global recycling for commercial relations will remain in the spotlight this week
Countries that have not yet obtained a deal, or at least terms, face import duties ranging from 10 % to 40 %. The Trump administration entered Mexico And China in order to give their commercial teams time to continue negotiating.
Below is a look at some trade partners in America who have not yet completed the deal.
India

President Donald Trump speaks with the press meeting with Indian Prime Minister Narendra Modi at the White House in Washington, DC, on February 13, 2025. (Jim Watson / AFP via Getty Images / Getty Images)
on monday, Trump He said he would “do” largely Definitions On imported Indian goods, citing the continued purchase of New Delhi and its resale for Russian oil punishable in the open market.
Trump has argued that India’s exercise to purchase the reduced Russian crude and resell it in the global market helps to maintain the Moscow economy in wartime amid Western sanctions. Height in Duties It refers to the wide rift between New Delhi and Washington.
A dark fleet of “ghost ships” transport Russian oil to Indian ports
“They are nourishing the war machine, and if they will do it, I will not be happy,” Trump told CNBC in an interview on Tuesday.
He added that protective trade practices in India and high tariff rates were early attached points in the negotiations between Washington and New Delhi.
He said: “India has moved from the highest tariffs ever. They will give us zero rows, and they will allow us to enter. But this is not good enough, because of what they do with oil.”
Trump strikes India with 25 % tariffs for oil purchases in Russia
India, the fourth largest economy in the world, was a trade deficit of about $ 46 billion with the United States in 2024, according to the data Compliance with the American Trade Representative.
The value of the total trade between the two countries is approximately $ 130 billion in 2024, as US exports to India remained worth $ 41 billion and imports from India at $ 87 billion.
Canada

Canadian Prime Minister Mark Carney, US President Donald Trump, will perform at the official welcome ceremony during the Group Leadership Summit on June 16, 2025 in Kananascis, Alberta. (Chip Somodevilla / Getty Images / Getty Images)
Trump recently raised the tariff for Canada, the second largest trading partner in America behind Mexico, From 25 % to 35 %.
Earlier this year, Trump imposed 25 % Definitions of Canadian steel, Cars and other products not covered by the United States and Mexico-Canada agreement. Canada has averaged and imposed $ 43 billion in its definitions against American goods.
The White House says that Canada was “difficult”, as the deadline in the trade was looming
The leading groups in bilateral trade between the United States and Canada include energy, cars, goods related to the air space sector and $ 30 billion in agricultural products.
White House press secretary Caroline Levitt Ottawa was previously unique during a press conference on July 17, saying, “It was very difficult to deal with our neighbors to the north” when asked about the ongoing commercial talks.
Earlier this week, Dominic Lieblank, Canada in American Trade Relations, said Prime Minister Mark Carney is likely to hold talks with Trump “during the next issue.”
Brazil

Brazilian President Lula da Silva holds a meeting at the Planalo Palace to discuss the US government’s tariff on Brazilian products in Brazilia, Brazil, on July 30, 2025. (Ton Molina/Nurphoto/Getty Images)
Trump imposed some of the most severe American definitions on Brazil amid a deep confrontation with President Luise Inosio Lula da Silva on trade, energy and prominent trial of former President Gere Bolsonaro.
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Brazil is now facing a 50 % tariff on imports, although many major groups – such as aircraft, aluminum and selected energy products – have been exempt. This step is widely seen as partial retaliatory, as it aims to the relationship of American and Brazilian trade in response to the ongoing prosecution of Bolsonaro. Bolsonaro is being tried for conspiracy to cancel his 2022 election defeat against Lula, which Trump described as a “charming chase”.
Meanwhile, I condemned Lula’s definitions as “economic blackmail”, and commercial negotiations between the two countries remain suspended.
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