Categories: BusinessNewsTopworld

Trump Enters Trade Talks with India, Israel & Vietnam as Tariff Deadline Looms

As global markets reel from retaliatory tariffs, President Donald Trump holds urgent negotiations to soften backlash and possibly avert sweeping new import duties.

April 5, 2025: With the global economy teetering and backlash intensifying, US President Donald Trump has begun urgent trade talks with India, Vietnam, and Israel in a bid to defuse the growing crisis surrounding his controversial tariff rollout, according to a CNN report.

Also Read: “They Played It Wrong, Panicked”: Trump Taunts China Amid Escalating Global Tariff War

The discussions are taking place just days before the next wave of Trump’s “reciprocal tariffs” is set to hit — duties that have already caused chaos on Wall Street, provoked foreign retaliation, and raised alarm among top US corporations and economists.

Also Read: Trump Tariffs Wipe Out $208 Billion From Billionaires’ Wealth — Zuckerberg, Bezos, Musk Among Biggest Losers

📉 Tariff Turmoil Sparks Diplomatic Hustle
Trump’s administration recently announced a sweeping tariff plan on 180+ nations, including a 26% duty on Indian imports — briefly miscommunicated as 27%, drawing attention to the chaotic rollout. The US also imposed 34% tariffs on China, triggering immediate countermeasures and steep sell-offs in global markets.

Also Read: Trump’s Tariffs Threaten Apple’s ‘Make In India’ Push, Raise iPhone Prices & Export Concerns

Now, Trump appears to be pivoting — at least selectively. In a Truth Social post, he revealed that Vietnam’s Communist Party General Secretary, Tô Lâm, had offered to cut tariffs to zero if a bilateral deal can be reached. Sources say similar overtures are underway with India and Israel, as both nations push for expedited trade talks to avoid economic fallout.

🌐 High Stakes & Global Ramifications
“These talks may offer Trump a diplomatic out — a chance to claim victory while avoiding deeper economic damage,” one White House advisor told CNN. “The goal is to finalise tailored agreements before the tariff deadline.”

Trump’s tariff strategy has already drawn criticism from the Federal Reserve, with Chair Jerome Powell warning of higher inflation and slower growth, and JPMorgan projecting a -0.3% GDP contraction for the year. Meanwhile, markets have shed over $5 trillion in value within 48 hours of China’s retaliation.

🔁 Allies or Adversaries?
India, while comparatively “less hit” than China or Vietnam, is a crucial US partner. Yet the trade tensions risk pushing allies like India and Israel closer to alternate blocs, including China or Russia. Critics warn that the strategy, while aggressive, could isolate the US from long-term global trade leadership.

📅 What’s Next?
With the tariff deadline imminent, all eyes are on whether Trump can clinch these last-minute deals — or whether another round of economic upheaval awaits.

Do you think these talks will ease the pressure — or is the US headed for deeper trade turbulence?

🏷️ Tags:
Trump tariffs, US-India trade, US-Israel trade, US-Vietnam trade, Trump trade war, reciprocal tariffs, Donald Trump, India exports, Vietnam zero tariff, global recession fears, US-China tensions, tariff talks 2025, White House news, international trade, market crash 2025

Misha Bhatia

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