India does trade deals in its national interest and is not bound by deadlines, Trade Minister Piyush Goyal said on Friday, reacting to a question about whether the country would reach a trade deal with the U.

Commerce and Industry Minister Piyush Goyal on Friday emphasised that India will only enter into trade agreements, including the proposed US Bilateral Trade Agreement (BTA), when they serve the country's national interests and offer mutual benefits.

J apan is unlikely to secure a trade deal with the U.S. and tariffs on its goods could soar after President Donald Trump called the nation “spoiled” and reiterated his July 9 deadline for negotiations.