On July 7, Trump announced 25% tariffs on imports from Japan and South Korea, effective August 1. He also announced separate rates for a number of other countries. On Tuesday, he said letters would be going out soon to dozens of smaller countries notifying them their goods would face a tariff rate of over 10%.

Some of the U.S.’s minor trading partners are about to find out they’ll be facing tariffs of more than 10%, as President Donald Trump presses ahead with his effort to reshape global trade.

Government officials reported that the ongoing bilateral trade talks (BTA) negotiations between India and the US are "progressing" and are in their fifth round.