India, Feb. 21 -- US President Donald Trump said there would be no change in the United States' trade stance toward India, asserting that the current tariff arrangement benefits Washington.

Stressing that the "India deal is on," Trump described his relationship with Prime Minister Narendra Modi as "fantastic" and repeated his claims on trade with India.

"Nothing changes. They'll be paying tariffs and we will not be paying tariffs... PM Modi is a great man. He was much smarter than the people he was against in terms of the US... He was ripping us off. So we made a deal with India... We are not paying tariffs to them and they are. We did a little flip," Trump said.

Trump also addressed bilateral ties.

"My relationship with India is fant...