Asked about the Reuters report, Trump said a trade deal had not been finalised and India could face steeper tariffs. India plans to resume broader trade talks with the U.S. in mid-August when a U.S. delegation is due to visit, hoping to seal a comprehensive bilateral trade agreement by October, Indian officials said. "But, we assume it would be temporary measure, considering the five rounds of trade talks that have taken place. U.S. Trade Representative Jamieson Greer told CNBC the India talks require more time, noting Trump wants good deals, not fast ones. Piyush Goyal, India's trade minister, told Reuters last week India was making "fantastic" progress in U.S. trade talks.