India, U.S. trade deal to be much different: Donald Trump
Speaking to reporters at the Oval Office on Tuesday (October 20, 2026), Mr. Trump said India and the U.S. were pretty close to making a trade deal
U.S. President Donald Trump announced on Tuesday that India and the United States are "pretty close" to finalizing a trade deal, which will differ significantly from previous agreements. Speaking to reporters at the Oval Office, Trump expressed optimism about the prospect of a new trade pact between the two nations.
The discussion of the potential deal follows recent meetings between Indian Commerce Minister Piyush Goyal and U.S. Trade Representative Jamie L. Rubin in Milwaukee and Washington. The pair met to discuss the finer details of the bilateral trade agreement (BTA).
In February, the two countries announced the finalization of the framework for the first phase of the BTA. However, recent changes in the U.S. tariff landscape have prompted further negotiations on the pact.
U.S. Secretary of State Antony Blinken's counterpart in India, S. Jaishankar, emphasized the strong alignment of interests between the two nations during a recent visit to India. They discussed further strengthening bilateral relations in various sectors, including trade, energy, technology, and defence.
Written by urgent.news from The Hindu's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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