💥 “Trump Teases ‘Much Lower Tariffs’ in Mega US‑India Deal by July 9! 🇺🇸🇮🇳
- MediaFx
- 19 hours ago
- 2 min read
TL;DR:President Trump says the US and India are almost ready to seal a Bilateral Trade Agreement (BTA)—with “much less tariffs”—before the big July 9 deadline, when a 90‑day tariff pause runs out 😮. Talks in Washington are still on full speed, especially about agriculture, auto parts, and steel. Both sides are racing against time to avoid a scary 26–27% reciprocal tariff. U.S. Treasury Sec. Scott Bessent and India’s EAM Jaishankar both confirmed progress. The deal could boost trade fairness, help American exporters, and maybe save Indian goods from big taxes. Let’s dive in! 📈
🔍 What’s the Scoop?
1. July 9 Tariff Deadline Drama
On April 2, Trump announced broad reciprocal tariffs—a 10% baseline, going up to 26–27% for India—set to kick back in on July 9 if no deal happens.
That pause is almost over. No deal = instant heavy Indian tariffs.
2. “Much Less Tariffs”—Trump’s Promise
Speaking onboard Air Force One, Trump said: “if India do that, we are going to have a deal for much less tariffs,” showing U.S. hope for open market competition.
Treasury Secretary Scott Bessent said the two countries are “very close” to locking it down.
3. Key Issues: Farm vs Industry
India has put its foot down on agriculture—especially dairy, where it usually resists opening markets.
The U.S. wants better access for apples, nuts, GM crops, while India pushes for easier export of shrimp, oilseeds, textiles, leather, and more.
4. Race to Avert Tariff Reinstatement
The deal—like a mini‑deal—is being fast‑tracked to beat the clock on the 26–27% tariffs.
Indian diplomats, including Rajesh Agrawal and EAM Jaishankar, extended their Washington trip to crunch the details with U.S. trade officials.
5. Bigger Picture: Trade Strategy
This is one of many mini‑deals Trump wants to seal before July 9. Only the UK and China deals are already done.
If this clicks, it could boost bilateral trade to $500 billion by 2030, which sounds massive.
📊 Market & Global Response
Asian markets are feeling nervous about this deadline—with the dollar dipping and safe‑haven gold rising as everyone waits to see if the deal gets signed.The global economy is watching carefully—no deal could shake supply chains and trade routes.
🇮🇳 MediaFx Opinion (People‑First View)
From the people’s perspective: This deal could bring cheaper products and maybe more jobs—but only if it’s fair, not a corporate free ride. 🧑🌾Farmers need strong protection, while factory workers deserve access and opportunity.We support real safeguards for small producers, not just profits for big corporates.If the deal lifts working families, not just billionaires, then it’s a real win for the many—not the few.
📝 Now over to you:What do you feel—should India open its dairy and nut markets, or stand firm to protect farmers? Comment your thoughts below!
