The United States and India are currently navigating tariff disagreements, with the US imposing additional tariffs on Indian products. In an interview, US Treasury Secretary Scott Bessent shared his perspective on the US-India economic relationship, offering insights into the challenges and potential paths forward.
Speaking about the trade deal negotiations, Bessent mentioned that while no agreement has been finalized, India’s stance has been positive. He acknowledged that both sides were aiming to reach a trade agreement by May or June. He also discussed the implications of India’s oil purchases from Russia.