NEW DELHI: US President Donald Trump on Wednesday said a trade deal with India would soon be sealed under which American firms would get greater access to Indian markets. According to Trump, the trade pact with India will be on the lines of the US-Indonesia deal announced early in the day. “They are going to pay 19% and we are going to pay nothing … we will have full access into Indonesia, and we have a couple of those deals that are going to be announced,” Trump said, adding that the deal with India will be on the same line.India has not formally reacted to Trump’s claims, but officials say that the US president has the habit of making tall claims in public, which are far from reality. They cite the example of the Vietnam deal; Trump had claimed the South East Asian country had agreed to a 20% tariff, but Hanoi rejected the claim.
Source link
