US President Trump's imposition of a 25% tariff on Indian goods has cast a shadow on ongoing trade negotiations. Despite recent optimism about a potential deal, Trump's move appears to be a pressure tactic,

France and Germany have warned about the economic fallout from the 15 percent tariffs European goods face in the U.S.

U.S. President Donald Trump has hinted at a possible trade deal with India but warned of steep tariffs if no agreement is reached by August 1. Calling PM Modi a "friend," Trump criticized India’s high tariffs on U.