Neutral impactEconomy

India-US trade deal ‘pretty close’, Trump says; will be very different from earlier pacts

Economic Times 1 hr ago·21 Oct 2026, 2:32 am

The US and India are reportedly close to finalizing a new trade deal. President Donald Trump indicated that this deal would be significantly different from prior agreements. Secretary of State Marco Rubio's visit to India aims to strengthen various bilateral relations. Commerce Minister Piyush Goyal recently engaged with US Trade Representative Jamieson Greer to discuss the trade deal. The discussions follow the recent framework finalization of the bilateral trade agreement.

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