The president also touted agreements over hundreds of billions of dollars in foreign investment into the United States.

India is weighing options to placate the White House, including boosting US imports, and has ruled out immediate retaliation to President Donald Trump’s surprise 25% tariff threat, according to people familiar with the matter.

The president's trade move comes before his Aug. 1 deadline for higher reciprocal tariffs on goods from nearly 180 countries across the world.