President Donald Trump says the United States and India are still negotiating on trade despite new tariffs slated to begin in a few days.

President Donald Trump announced 25% tariff on Indian imports starting August 1, citing trade imbalance and Russia ties.

The US is seeing increased tariffs income, but there are signs of some countries diverting trade from America.

Companies, consumers and foreign countries have been paying close attention to President Donald Trump’s aggressive policy of placing tariffs on foreign goods. Soon, the courts will weigh in on whether Trump has the power to levy those tariffs in the first place — a high-stakes legal battle that will either affirm a key pillar of Trump’s economic policy or cut it off at the knees.

Price hikes are in the mid-single digits across categories, a spokesperson for the company said. Consumer goods, food and drink companies have struggled with lackluster sales since the pandemic, as shoppers have balked at increasingly expensive name-brand packaged food.