Washington, Aug. 26 -- US President Donald Trump on Tuesday (local time) said his administration had secured "historic trade deals" with several countries, adding that foreign nations were now paying hundreds of billions of dollars into the US treasury.

"We have secured historic trade deals with the United Kingdom, China, Indonesia, Vietnam, the Philippines, Japan, South Korea and the European Union," Trump told reporters. Emphasising the revenue impact, he added, "Foreign nations are now paying hundreds of billions of dollars straight into our treasury... We are receiving trillions of dollars, far beyond billions..."

Earlier, the US Customs and Border Protection (CBP) issued a draft notice outlining additional duties on imports from In...