US President Donald Trump on Wednesday (local time)hinted at reaching a new trade deal with India soon. While adding "maybe", he said that currently the US is in negotiations with India, reported news agency ANI.

Trump, while speaking to reporters during a bilateral meeting with Bahrain's Crown Prince Salman bin Hamad bin Isa Al Khalifa, emphasised that August 1 will be a significant day, when a lot of money will come into his country.

"...We've brought in over $100 billion. The tariffs haven't kicked in significantly, except for automobiles and steel. August 1st is when a very substantial amount of money comes into our country. We've made deals with numerous places. We had one yesterday," Trump said, reported ANI.