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US President Donald Trump has initiated top-level negotiations with India, Vietnam and Israel to promote trade ties and prevent fresh tariffs. The media reports that the negotiations are underway prior to potential charges. The negotiations are being held to correct the trade imbalance and protect America's interests. US President Donald Trump has initiated massive trade negotiations with India, Vietnam and Israel before resorting to raising tariffs as part of his tit-for-tat trade policy.
The Trump administration, as per media reports, wants to seal the agreement to eliminate the trade deficit with these nations and prevent pending tariffs. Trump's introduction is made just as the April 9 deadline is looming near. Imposition of heavy tariffs on exports of these countries from today is on cards. The new tariff rate of 26% on India, 46% on Vietnam and 17% on Israel will kick in, sending shock waves in international trade dynamics. Negotiations with India, Vietnam and Israel. Referring to the report of a news channel US President Trump is in direct conversation with delegations of India, Vietnam, and Israel round-the-clock.
The negotiations have been initiated so as not to impose possible tariffs and achieve an eternal trade treaty. "The Communist Party Secretary General of Vietnam has stated that if a good deal is accomplished with the United States, then his nation has the possibility to bring down the tariffs to zero," Trump asserted on his platform Truth Social.
Talking to journalists on Air Force One on Thursday, Trump responded, "Every nation has called us. That's the nice thing about us that we position ourselves in the driver's seat, provided that they are providing us something positive." As it happened in TikTok, China can negotiate for a discount of tariffs before allowing the deal to pass through. This is our strength." As per the reports of media, the negotiations are merely a starting point of wider trade discussions. Other nations could also be included in Trump's new tariff policy. China and Canada have already indicated that they will retaliate by introducing extra tariffs against US tariffs.
Trump's son Eric Trump posted on social media, "I don't want to be the last nation to attempt to negotiate with @realdonaldtrump. Whoever negotiates first wins, who negotiates last will definitely lose. I have seen this movie all my life. A White House senior official confirmed that "reciprocal tariffs will go into effect at 12:01 a.m. ET on April 9." On April 2, Trump officially declared these tariffs, and now they rely solely on the rate of negotiations whether they will be enforced or not.