The agreement comes after other American allies, like Japan, clinched their own deals, partly to moderate President Trump’s tariff threats.

President Donald Trump on Wednesday delivered a subtle punch at India in announcing a trade deal with its rival Pakistan after slapping India with 25% tariffs over the country’s ties to U.S. rival Russia. Trump joked that Pakistan could be “selling Oil to India some day!”

On July 29, local time, U.S. President Donald Trump cast doubt on the imminent conclusion of tariff negotiations with South Korea. Speaking to reporters upon his return to the White House from a trip to Scotland,