Economy The US is not interested in a trade war with India…at least not yet Updated : June 14, 2018 12:08 PM IST In reality, Trump is not factually wrong to say that India charges 100% tariffs. The US-India trade deficit is a relatively paltry USD 22 billion (give or take). The goods that India sells to the US lack sensitivity and are not seen as disrupting the US job market. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.