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Reading: White Home confirms US-India commerce deal very shut: ‘You may hear from President Trump quickly’
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StockWaves > Business > White Home confirms US-India commerce deal very shut: ‘You may hear from President Trump quickly’
Business

White Home confirms US-India commerce deal very shut: ‘You may hear from President Trump quickly’

StockWaves By StockWaves Last updated: July 1, 2025 3 Min Read
White Home confirms US-India commerce deal very shut: ‘You may hear from President Trump quickly’
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White Home Press Secretary Karoline Leavitt on Monday (US native time) confirmed that the US and India are near finalising a commerce agreementeal. Her feedback got here shortly after Trump voiced optimism about finalising the commerce pact with India.

“The President stated that final week (that the US and India are very near a commerce deal), and it stays true. I simply spoke to our Secretary of Commerce about it. He was within the Oval Workplace with the President. They’re finalising these agreements, and you may hear from the President and his commerce crew very quickly in terms of India,” Leavitt stated at a press briefing, as reported by ANI.

Earlier, whereas talking about reciprocal tariffs, President Trump said that the US is pushing for a “full commerce barrier dropping” and higher entry to the Indian market, although he admitted uncertainty about reaching that objective.”India, I believe we’re going to attain a deal the place we’ve the proper to go and do commerce. Proper now, it is restricted. You possibly can’t stroll in there, you may’t even give it some thought. We wish to get a full commerce barrier dropping, which is unthinkable and I’m not positive that that’s going to occur. However as of this second, we agree that going to India and commerce…” Trump stated.

Trump has excellent relationship with PM Modi: White Home

In the course of the briefing, Leavitt additionally praised India’s position as a strategic ally to the US within the Indo-Pacific area. She additionally highlighted the robust private relationship between Trump and PM Narendra Modi.

Leavitt stated, as reported by ANI, “India stays a really strategic ally within the Asia Pacific and the President has an excellent relationship with Prime Minister Modi, and he’ll proceed to have that.”

The feedback come as Exterior Affairs Minister S. Jaishankar is at present in the US to attend the QUAD Overseas Ministers’ Assembly. On Monday, he inaugurated an exhibition on the United Nations titled “The Human Value of Terrorism,” which goals to attract international consideration to state-sponsored terrorism.

The QUAD is a diplomatic partnership between Australia, India, Japan, and the US. It’s dedicated to supporting an open, secure, and affluent Indo-Pacific that’s inclusive and resilient.

(With inputs from ANI)

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