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Trump Says U.S. ‘Close to Making a Deal’ with Protectionist India

President Donald Trump told reporters on Monday that his administration is close to finalizing a trade deal with India. India hedged its bets last week by notifying the World Trade Organization (WTO) that it could impose up to $724 million in retaliatory tariffs against American goods if a trade deal is not reached.

US President Donald Trump meets with Indian Prime Minister Narendra Modi in the Oval Offic

No Tariff-Led Inflation in June Prices

Tariffs have not pushed up consumer prices. The consumer price index ticked up just 0.1 percent in June, the Department of Labor said Thursday. Compared with a year ago, prices rose just 1.6 percent, a deceleration of price gains from

This Aug. 31, 2011 file photo shows an opened can of Campbell's Tomato soup in New York. C