Trump: US-India Trade Deal ‘Close’, Tariffs to Fall

Optimism surrounds the potential for a major trade agreement between the United States and India, with President Donald Trump indicating that a deal is close to being finalized. During the swearing-in ceremony for Sergio Gor, the incoming US Ambassador to India, Trump revealed that discussions have yielded substantial progress towards a fair agreement. He explicitly stated that the US intends to lower tariffs on India, noting that this decision is partly influenced by India’s reduction in importing Russian oil. This signifies a positive step in resolving trade disputes and improving economic relations. The administration’s focus on establishing a balanced trade relationship with India is a key priority. This anticipated agreement is expected to significantly boost trade and further solidify the robust partnership between Washington and New Delhi, marking a new chapter in their economic collaboration.