India-US Trade Deal: "I signed some letters and they'll go out on Monday, probably twelve. Different amounts of money, different amounts of tariffs," said Trump, according to Reuters report. The tariff letter indicating a ‘take it or leave it’ offers will be sent to 12 countries.

As the July 9 deadline for the US tariff pause approaches, investors are anxious. A favourable trade deal could boost the Indian stock market and foreign investment, but unresolved tariff issues may lead to volatility.

US President Donald Trump is taking a big step in his trade strategy by sending out letters about new tariffs (taxes on imported goods) to 12 different countries on July 7. He signed these letters on Friday,