"I Think We Are Going To Reach A Deal": Trump On Trade Deal With India
- Trump stated that America has signed a deal with China and hinted at a "very big" trade deal with India soon.
- US Secretary of Commerce Howard Lutnick indicated that a trade deal between India and the United States could be finalized soon.
- Union Commerce and Industry Minister Piyush Goyal mentioned that India and the US are negotiating a fair trade agreement.
- Negotiations are facing challenges, with the US demanding reduced duties on agricultural products, while India is concerned about food security.
14 Articles
14 Articles
"I Think We Are Going To Reach A Deal": Trump On Trade Deal With India
Earlier this month, while speaking at the US-India Strategic Partnership Forum, US Secretary of Commerce Howard Lutnick said that a trade deal between India and the United States could be finalised soon.
In the trade dispute with the USA, China had introduced drastic tariffs on rare earths. Companies in the EU were also affected. Representatives of the USA and China have now decided to relax.
The trade conflict between the two largest economies suggests some relaxation. Both sides want to reduce trade restrictions, but other problems persist.
Howard Lutnick Confirms US-China Trade Agreement, Reaffirms White House's Progress To Close Deals With 10 Other Trading Partners - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)
Commerce Secretary Howard Lutnick confirmed the deal between China and US, signed two days ago, along with agreements with 10 other partners.
“I Think We Are Going To Reach A Deal With India…”: Trump
US President Donald Trump has expressed optimism about a trade deal with India and said his country is looking for “full trade barrier dropping, which is unthinkable”, and that he is not sure that that is going to happen. “India, I think we are going to reach a deal where we have the right to go and do trade. Right now, it’s restricted. You can’t walk in there, you can’t even think about it. We are looking to get a full trade barrier dropping, w…
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