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Trump Says US Getting Close to Reaching a Trade Deal with India

  • On Monday, November 10, 2025, United States President Donald Trump said the US is close to a deal with India to expand economic and security ties, boosting energy exports and investments.
  • Trade tensions earlier this year escalated when Trump imposed a 25% penalty for New Delhi's Russian oil purchases, alongside tariffs, straining relations.
  • At Sergio Gor's swearing-in, Trump told reporters he is `getting a fair deal, just a fair trade deal,` and said Gor would strengthen one of the country's most important international relationships.
  • Responding to questions about penalties, Trump said `we're going to be bringing the tariffs down,` claiming Indian Prime Minister Narendra Modi pledged to cut Russian oil purchases though India did not confirm.
  • Last week, Trump announced plans to travel to India soon, calling it an important strategic partner with over 1.5 billion people and a key counterweight to China.
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US May Cut India Tariff: Donald Trump has again hinted at reducing tariffs imposed on India. He also provided a major update regarding the India-US trade deal.

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vz.lt broke the news in on Monday, November 10, 2025.
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