US commerce secretary expects India trade deal soon

BSS
Published On: 03 Jun 2025, 08:44

WASHINGTON, June 3, 2025 (BSS/AFP) - US Commerce Secretary Howard Lutnick on Monday voiced optimism for a trade deal soon with India to avoid tariffs threatened by President Donald Trump.

"You should expect a deal between the United States and India in the not too distant future," he told the US-India Strategic Partnership Forum, which promotes relations between the two countries, calling himself "very optimistic."

Trump has set a delayed deadline of July 9 for countries to avoid sweeping tariffs, as he seeks to shake up the global economy to correct what he says is unfairness to the United States.

Lutnick, a strong advocate of tariffs, said he was a "great fan" of India -- but voiced longstanding concern about the emerging economy's use of tariffs.

On tariff negotiations with India, "bringing them down to a level that is reasonable and appropriate so we can be great trading partners with each other, I think is absolutely on the table," Lutnick said.

"There were certain things that the Indian government did that generally rubbed the United States the wrong way. For instance, they generally buy military gear from Russia," he said.

But he said that Trump believed in raising concerns and "the Indian government is addressing it specifically and directly."

 

  • Latest
  • Most Viewed
7.74 Lakh Rawhides Preserved in Chattogram
Chinese consumer prices continue to fall as US trade talks loom
Thunder power past Pacers to level NBA Finals
UN summit to tackle 'emergency' in world's oceans
Tehran warns will reduce cooperation with IAEA if anti-Iran resolution passed
Asian markets rally ahead of latest China-US trade talks
Chile's Niemann wins in Virginia for fourth LIV Golf title this year
'They could be here in two days': Ukrainian town braces for Russian advance
Trump says troops deployed to LA to ensure 'law and order'
Man dies in Kenya cell after arrest over online posts
১০