Apr 30, 2025 12:40 AM IST
Donald Trump had proposed a 26 per cent reciprocal tariff on India before calling for a 90-day pause to come to a trade agreement.
US President Donald Trump said on Tuesday that talks with India on tariffs were going great and that according to him the two countries would reach a trade deal soon, reported Reuters.
Ahead of a rally in Michigan, the President told reporters outside the White House that he also planned to visit Africa and hold talks with Australian officials during the 90-day pause on tariffs.
US commerce secretary Howard Lutnick also said earlier today, during an interview, that the Trump administration had reached a trade deal and was waiting for the country’s approval to announce it.
“I have a deal done … but I need to wait for their prime minister and their parliament to give its approval,” Lutnick told CNBC.
Earlier this week, US treasury secretary Scott Bessent also affirmed that India could be one of the first to sign a trade deal with the US, though he did not provide any further details.
Donald Trump had levied a 26 per cent reciprocal tariff on India, and had later announced a 90-day pause on the duties to discuss trade agreements with several countries.
