Trump Confirms Imminent US-India Trade Deal
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President Trump announced that US-India trade deal negotiations are progressing well, anticipating a successful agreement soon. Treasury Secretary Bessent confirmed "substantial talks" with Japan and potential progress with South Korea. Bessent highlighted India's existing tariffs as facilitating negotiations, while economist Raghuram Rajan noted India's potential benefits from lower tariffs. The administration aims to secure trade deals with 17 key partners, excluding China, in the coming weeks.
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