Trade war: Trump plans 10–15% tariffs for over 150 countries; deal with India ‘very close’

Donald Trump announced that the U.S. is nearing a trade agreement with India and seeing positive progress with the EU, while a deal with Canada remains uncertain. He also floated the idea of imposing tariffs on smaller nations. These discussions occur as the U.S. seeks improved trade terms before an August 1 deadline for tariff increases on most U.S. imports.