Trump says India has offered to cut U.S. tariffs, but he is in no hurry to reach a deal

On May 17, Trump said India had offered to cut all tariffs on US goods, but he played down the urgency of reaching a trade deal with the world's fourth-largest economy. In an interview, Trump used India as an example of cutting barriers. "They make it almost impossible to do business. Do you know they are willing to cut tariffs by 100 per cent for the US?" Trump said. But on the possibility of a deal, Trump sent a different signal, saying: "It will be done soon. I'm not in a hurry. Look, everyone wants to do a deal with us." He added that he did not plan to "make a deal with everyone". Trump's remarks showed that the United States will only make unilateral decisions on the tariffs that many countries will face. Earlier on Friday, Mr. Trump said he planned to set new import tariffs for trading partners "in the next two to three weeks".