President Donald Trump has expressed optimism about a forthcoming trade agreement with India, suggesting that significant progress has been made in recent discussions. During the swearing-in ceremony for Sergio Gor, the new US Ambassador to India, Trump indicated that a fair and balanced deal is within reach. He acknowledged that while relations might be strained currently, they are on the path to improvement. Trump specifically mentioned that the United States plans to reduce tariffs imposed on India, citing the country’s decreased reliance on Russian oil as a key factor. This move is expected to alleviate trade tensions and foster stronger economic ties between the two nations. The proposed agreement aims to substantially increase bilateral trade, a goal that has been pursued through multiple rounds of negotiations. Experts see this development as a positive sign for global markets and a boost to the US-India strategic partnership.
