US EditionTreasury Secretary Bessent Says "India Might Be One of First Trade Deals We'll Sign"
- US Treasury Secretary Scott Bessent stated that India could be one of the first trade deals signed to avoid tariffs, potentially this week or next.
- Bessent mentioned that President Donald Trump will be "intimately involved" in trade agreements with 15 to 18 major trading partners.
- Bessent noted that substantial negotiations had occurred with Japan and other Asian partners, and China's recent moves suggested a willingness to de-escalate trade tensions.
- A government official from South Korea ruled out a comprehensive trade agreement with the US before their presidential election on June 3, creating uncertainty for future deals.
37 Articles
37 Articles
Is India the Unexpected Victor of Trump's Trade Wars?
If there’s a winner from President Donald Trump’s trade wars, India is a good candidate. Its longtime rivalry with China gives Prime Minister Narendra Modi ample motive to build new bridges with the United States. That’s one of the reasons India joined the so-called Quad – an Indo-Pacific forum for strategic and diplomatic dialogue – with fellow democracies Japan, Australia, and the US, in 2007.Modi has been around long enough to have navigated …
White House teases US 'very close' to trade deals with Asian partners as Trump hits 100 days in office
Treasury Sec. Scott Bessent said the U.S. is "very close" to making trade deals with India and other major Asian trade partners on Monday, a development that could reassure markets wobbling amid tariff contests.Bessent made the statement alongside White House press secretary Karoline Leavitt at a Tuesday morning press briefing. The pair outlined President Donald Trump's economic successes in his first 100 days in office and defended his tariff p…
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