Speech: US Hints at Imminent Deal With India Amid Trump's Tariff Trade War

The United States is “very close” to sealing a trade agreement with India, US Treasury Secretary Scott Bessent said on Tuesday, describing talks with New Delhi as progressing smoothly, aided by India’s high tariff regime. Speaking at a White House press briefing, Bessent noted that negotiations with India have been “moving well,” and that the country is likely to be among the first to finalise a bilateral trade deal aimed at avoiding reciprocal tariffs.