The US has extended the deadline for nations to finalise bilateral trade deals from July 9 to August 1, giving a final 3-week window before sweeping country-specific tariffs come into force

A day ahead of the expiry of the 90-day tariff pause, Trump said, the USA could have been much harsher and could have gone much higher with tariffs.

The extended deadline, originally July 9, gives India a narrow window to finalise terms and avoid steep tariffs that could impact key export sectors like textiles, pharmaceuticals, and auto parts.