'india-us Trade Deal Announcement Soon,' Says White House; Cites Trump's Relationship With Pm Modi

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She said that President Donald Trump shares a very good relationship pinch Prime Minister Narendra Modi and noted that nan India-US waste and acquisition woody is nearing completion.

White House property caput Karoline Leavitt described India arsenic a strategical state successful nan Indo-Pacific region during a property briefing connected Monday. She said that President Donald Trump shares a very good relationship pinch Prime Minister Narendra Modi and noted that nan India-US waste and acquisition woody is nearing completion.

Leavitt said, “Yes, nan President said that past week (that nan US and India are very adjacent to a waste and acquisition deal), and it remains true. I conscionable said to our Secretary of Commerce astir it. He was successful nan Oval Office pinch nan President. They are finalising these agreements, and you'll perceive from nan President and his waste and acquisition squad very soon erstwhile it comes to India." 

Responding to a mobility astir China’s domiciled successful nan Indo-Pacific, Leavitt reiterated that India remains a very strategical state successful nan Asia-Pacific. She said nan President has a very bully narration pinch Prime Minister Modi and will proceed to person that.

"India remains a very strategical state successful nan Asia Pacific, and nan President has a very bully narration pinch Prime Minister Modi, and he will proceed to person that.”

Her remarks travel arsenic External Affairs Minister S Jaishankar is visiting nan United States to participate successful nan QUAD Foreign Ministers' Meeting. The QUAD, consisting of Australia, India, Japan, and nan US, focuses connected promoting a free, open, and resilient Indo-Pacific. The confederation began arsenic a coordinated humanitarian consequence pursuing nan 2004 Indian Ocean tsunami.

It was earlier confirmed connected June 18 that US President Donald Trump accepted Prime Minister Modi’s invitation to be nan upcoming QUAD Summit successful New Delhi. Foreign Secretary Vikram Misri said successful a video connection that President Trump is excited to travel to India for nan adjacent QUAD meeting.

On June 26, India and nan US began different information of bilateral waste and acquisition talks aimed astatine finalising an early harvest woody earlier nan US imposes country-specific reciprocal tariffs connected imports from 57 countries, including India, starting July 9. The Indian delegation, led by main negotiator and typical caput for commerce Rajesh Agrawal, arrived successful Washington for a two-day information of talks.

The main extremity of this information is to reside existing waste and acquisition disputes and scope an interim statement that could shape nan ground for nan first shape of a Bilateral Trade Agreement by September aliases October 2025. After this first phase, some sides are expected to statesman negotiations for a afloat free waste and acquisition statement pinch nan purpose of doubling bilateral waste and acquisition to 500 cardinal dollars by 2030.

India is pushing for nan US to rotation backmost each existent and planned retaliatory tariffs, including a 26 per cent reciprocal tariff comprising a 10 per cent work that took effect connected April 5 and an further 16 per cent group to statesman from July 9. Sources said astir elements of a preliminary statement person been ironed out, but last decisions remainder pinch governmental activity to resoluteness remaining differences.

Two awesome sticking points proceed to clasp up nan deal. India is besides urging nan US to destruct safeguard duties, presently challenged astatine nan World Trade Organisation, specified arsenic nan 50 per cent tariffs connected alloy and aluminium and nan 25 per cent duties connected automobiles and car parts. In return, India expects Washington to little its astir favoured federation tariffs proportionately.

Published on: Jul 1, 2025 7:24 AM IST

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