{"id":4004,"date":"2025-04-05T12:00:26","date_gmt":"2025-04-05T06:30:26","guid":{"rendered":"https:\/\/www.eqwires.com\/tutorials\/?p=4004"},"modified":"2025-04-05T12:00:27","modified_gmt":"2025-04-05T06:30:27","slug":"trump-speaks-with-india-vietnam-israel-on-trade-deals-ahead-of-deadline","status":"publish","type":"post","link":"https:\/\/www.eqwires.com\/tutorials\/trump-speaks-with-india-vietnam-israel-on-trade-deals-ahead-of-deadline\/","title":{"rendered":"Trump speaks with India, Vietnam, Israel on trade deals ahead of deadline"},"content":{"rendered":"\n

President Donald Trump\u00a0has spoken with representatives from India, Vietnam, and Israel to open talks on trade deals that may ease the impact of tariffs set to take effect next week,\u00a0CNN\u00a0<\/em>reported on Saturday (IST). This outreach marks the first wave of diplomatic engagements since Trump announced blanket tariffs on more than 180 nations and reciprocal tariffs on Thursday.\u00a0<\/small><\/p>\n\n\n\n

The\u00a0reciprocal tariffs\u00a0are scheduled to be enforced from 12:01 am ET on April 9 as part of Trump\u2019s aggressive trade policy, which has imposed sweeping levies on 57 nations. While senior White House trade advisors Peter Navarro and Vice-President JD Vance have insisted that the measures signify a lasting realignment of global trade, other officials acknowledge Trump\u2019s willingness to negotiate.<\/p>\n\n\n\n

Mixed messages from Trump<\/strong><\/p>\n\n\n\n

Trump\u2019s stance on the tariffs has been inconsistent. While he initially framed them as non-negotiable, he later hinted at possible compromises. Speaking aboard Air Force One, he claimed that multiple nations had reached out seeking deals, portraying the tariffs as a strategic tool for securing favourable agreements. <\/small><\/p>\n\n\n\n

\u201cAs long as they are offering something beneficial, we are open to discussion,\u201d he said. \u201cLook at TikTok as an example. China may want us to reconsider the tariffs in exchange for approving a deal. The tariffs give us significant leverage.\u201d<\/p>\n\n\n\n

\u201cI wouldn\u2019t want to be the last country to try to negotiate with Donald Trump,\u201d the president\u2019s son, Eric Trump, posted on X. \u201cThe first to negotiate will win\u2014the last will absolutely lose. I have seen this movie my entire life.\u201d <\/small><\/p>\n\n\n\n

However, the president also sent mixed signals, stating in a social media post on Saturday (IST), \u201cBig business is not worried about the tariffs because they know they are here to stay. But they are focused on the BIG, BEAUTIFUL DEAL, which will SUPERCHARGE our economy. Very important. Going on right now!!!\u201d <\/small><\/p>\n\n\n\n

Despite backlash from corporate America, global trading partners, and even some members of Congress, Trump has shown no indication of backing down from his tariff strategy. His administration insists that these measures are essential to reshaping international trade relations in favour of the United States.<\/p>\n\n\n\n

Shifting tariff rates and confusion<\/strong><\/p>\n\n\n\n

India was initially subjected to a 27 per cent tariff, later revised to 26 per cent. This was not an isolated case as 17 other countries also saw their tariff rates altered by exactly one percentage point. Confusions stemmed from discrepancies between Trump\u2019s announcement on April 2 and the initial order which noted different figures – leading the administration to align the order with the president\u2019s original statement. <\/small><\/p>\n\n\n\n

Vietnam has been hit particularly hard, facing a 46 per cent duty on its exports to the US. Meanwhile, Israel, despite having preemptively eliminated all tariffs on American imports in a bid to avoid retaliation, was still subjected to a 17 per cent levy.<\/p>\n\n\n\n

India is actively engaged in trade negotiations with the US in hopes of mitigating the impact of the tariffs. Exporters are optimistic that ongoing bilateral talks could yield concessions that might ease the burden on Indian industries.\u00a0<\/small><\/p>\n\n\n\n

Global response, trade war<\/strong><\/p>\n\n\n\n

The tariffs have triggered widespread repercussions. Global markets tumbled for a second consecutive day after China announced retaliatory measures, including a 34 per cent duty on American goods effective from April 10. Beijing also declared its intent to file a complaint with the World Trade Organization and suspend exports of rare earth materials. <\/small><\/p>\n\n\n\n

The European Union, subjected to a 20 per cent tariff, has pledged a measured and unified response, while Japan, which faces a 24 per cent duty, has urged restraint.<\/p>\n\n\n\n

South Korea\u2019s acting president has called for dialogue, while Bangladesh plans to formally appeal to the United States Trade Representative.<\/p>\n\n\n\n

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www.eqwires.com<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

President Donald Trump\u00a0has spoken with representatives from India, Vietnam, and Israel to open talks on trade deals that may ease the impact of tariffs set to take effect next week,\u00a0CNN\u00a0reported on Saturday (IST). This outreach marks the first wave of diplomatic engagements since Trump announced blanket tariffs on more than 180 nations and reciprocal tariffs on Thursday.\u00a0 The\u00a0reciprocal tariffs\u00a0are scheduled to be enforced from 12:01 am ET on April 9 as part of Trump\u2019s aggressive … Continue reading “Trump speaks with India, Vietnam, Israel on trade deals ahead of deadline”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":4005,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[],"class_list":["post-4004","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-sebi-registered-advisory-company"],"_links":{"self":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/4004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/comments?post=4004"}],"version-history":[{"count":1,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/4004\/revisions"}],"predecessor-version":[{"id":4006,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/4004\/revisions\/4006"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/media\/4005"}],"wp:attachment":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/media?parent=4004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/categories?post=4004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/tags?post=4004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}