Washington, D.C. | November 11, 2025:
President Donald Trump said on Monday that the United States is “pretty close” to finalizing a comprehensive trade agreement with India, signaling renewed momentum in one of the world’s most significant bilateral economic relationships.
Speaking to reporters ahead of his inauguration, Trump highlighted progress on tariff adjustments, market access, and reciprocal benefits that he described as “good for everybody.” His remarks come amid efforts by both nations to recalibrate trade terms and strengthen supply-chain partnerships following years of tariff disputes.
“We’re very close to a trade deal with India — a really good one, I’d say good for everybody,” Trump said. “It’s about fairness, balance, and creating more jobs in both countries.”
Sources familiar with the talks said the deal framework focuses on reducing duties on key U.S. exports — such as agricultural goods, defense components, and technology equipment — while ensuring greater access for Indian pharmaceuticals, textiles, and IT services in American markets.
The negotiations are being closely watched by global investors, who view the U.S.-India corridor as critical for future supply-chain diversification. Trade between the two countries has already surpassed $200 billion annually, and a new pact could unlock further growth.
Diplomatic analysts say the deal could be a cornerstone of Trump’s second-term economic agenda, combining strategic re-engagement with India and efforts to counterbalance China’s trade influence in Asia.
Indian officials, meanwhile, have expressed optimism about the discussions, calling the dialogue “constructive and forward-looking.” A formal announcement is expected once Trump assumes office in January 2026.
If finalized, the agreement would mark the most significant update to U.S.-India trade relations in over a decade, aligning with both governments’ goals of boosting manufacturing, technology partnerships, and job creation.
