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India-US yet to Finalise Trade Deal, but a Confident Donald Trump Says ‘Going to Have Access Into India’

INDIA, JUL 15 – The mini trade deal aims to reduce average duties to around 11.5%, setting the stage for a broader India-US Free Trade Agreement by year-end, officials said.

  • US President Donald Trump stated on July 15, 2025, that the US is making progress in gaining access to India's markets through ongoing trade talks in Washington.
  • India’s Commerce Minister, Piyush Goyal, emphasized this month that the country will only agree to a trade deal with the US once it is thoroughly completed and serves India’s national interests, rejecting any agreements tied to fixed deadlines.
  • The negotiations aim to avoid reciprocal tariffs set for August 1, with India seeking removal of a 26 percent additional tariff and protecting its dairy sector from duty concessions.
  • Trump emphasized, "We had no access into any of these countries," and said tariffs have opened markets including Indonesia and India, where the US is "going to have access."
  • Although talks continue with a high-level Indian delegation in Washington, India remains cautious, emphasizing a careful conclusion that could influence broader US trade ties in Asia.
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US President Donald Trump says that the results of his decisions to impose more stringent tariffs are now showing. We are now able to reach the markets of those countries which we were unable to reach easily till now.

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stratnewsglobal.com broke the news in on Tuesday, July 15, 2025.
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