US President Donald Trump claimed in an interview with Fox News that India has offered the elimination of all definitions of American goods. “They make almost impossible to do business. Did you know that they are ready to reduce 100 % of their tariffs for the United States?” Trump said that framing this step as a historic commercial victory.
However, despite the apparent victory, Trump added that he was “not rushing” to make the formal nature of any agreement. He said: “This will come soon. I am not in a hurry. Look, everyone wants to make a deal with us,” and he sends mixed signals about how close the deal is already near.
India, however, was quick to reduce expectations. Speaking to reporters, Minister of Foreign Affairs S. Jaishhankar that commercial talks with the United States are continuing, complex and far from the final.
“Between India and the United States, commercial talks were continuing. These are complicated negotiations. There is nothing even all. Any commercial deal must be mutual useful; it has to work in both countries. Until this is done, any judgment will be premature.”
The commercial rhetoric comes to the rise of Trump at a time when the United States faces increasing questions about its financial health. MOODY has reduced the USAAAAAAAAAA sovereign credit rating from AAA first -class to AA1, noting the escalation of national debt, high costs of benefits, continuous financial deficit, and political imbalance in Washington.
This historical classification, which corresponds to Fitch and S&P, reflects doubts about America’s financial path. Analysts warn that it may raise borrowing costs for the American government, increase financial markets, and erode global confidence in the United States as a safe financial haven in the world – even as Trump trade the leverage abroad.
Beyond definitions, Trump’s comments reflect a larger strategy: the use of trade as a political political tool. He referred to India as an example of a country that has high barriers as designed to dismantle. Meanwhile, it alluded to providing commercial incentives to Pakistan.
“I am using trade to settle degrees and make peace,” Trump said, referring to the recent border tensions between India and Pakistan, in reference to the recent border tensions between India and Pakistan, including the effects of the terrorist attack in Paalgam in Kashmir.
Trump claimed that his administration efforts helped to mediate the ceasefire between the two countries, indicating that the expanded prospects for both trade with both were part of the equation.
Trump also protested his commercial negotiations with China, developing it as economic diplomacy that had serious consequences. He pointed to a modern agreement where the American customs tariffs on Chinese goods were reduced from 145 % to 30 %, with trading in Beijing by reducing the customs tariff from 125 % to 10 %.
“If I do not do this deal with China, I think China would have been collapsing,” Trump said, as he presented himself as a deals maker whose commercial policies aim to maintain global stability.
https://akm-img-a-in.tosshub.com/businesstoday/images/story/202505/6828014f74e15-if-i-didnt-do-that-deal-with-china–i-think-china-would-have-broken-apart–trump-said-172354268-16×9.jpg
Source link