India trade deal soon, says Trump
India trade deal soon, says Trump
U.S. President Donald Trump has indicated that India and the U.S. will have a trade deal soon. He said the ongoing talks on the proposed India-U.S. bilat-eral trade agreement (BTA) are "coming along great".
Indian officials, howev-er, believe that it will take at least two months even to work out an early tranche with limited commitments restricted to a few goods.
Sources said the first full tranche of the agreement may take as long as six
months. "India [trade talk] is coming along great. 1 think we'll have a deal with India," Mr. Trump told re-porters on Tuesday at the White House.
Earlier on Tuesday, U.S. Treasury Secretary Scott Bessent said the U.S. was "very close" to a trade deal with India.
Significantly, he said it was "easy to negotiate" with India because the is-sues were with regard to "very high tariffs" and they could be confronted directly.
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