US President Donald Trump has hinted at a “very big” trade deal with India, following four days of closed-door talks between negotiators from both countries. Speaking at the ‘Big Beautiful Event’ at the White House, Trump stated,
“We have one coming up, maybe with India. Very big one.”
The proposed agreement aims to significantly boost US-India trade, which currently stands at $190 billion, with a target of $500 billion by 2030. Talks reportedly focused on expanding market access, tariff reductions, and addressing non-tariff barriers for industrial and agricultural products.
The US delegation was led by the Office of the US Trade Representative, while India’s negotiating team was headed by Rajesh Agrawal from the Ministry of Commerce.
Union Minister Piyush Goyal later confirmed:
“We are negotiating a fair, equitable, and balanced trade agreement that will benefit both economies.”
Trump clarified that the US will not pursue trade deals with every country, stating:
“Some we’ll just send a letter saying thank you… you’re to pay 25, 35, 45 per cent tariffs.”
The announcement comes shortly after Trump confirmed a new trade deal with China, reportedly focused on expediting rare earth shipments and implementing a framework under the Geneva agreement, ending a period of strained US-China trade ties.
With growing alignment and diplomatic engagement, the upcoming US-India trade pact could become a defining milestone in bilateral economic relations.
