US may sign 'very big' trade deal with India: Trump
New Delhi, June 27 (UNI) US President Donald Trump has said a 'very big' trade deal could be
signed with India while a senior-level Indian delegation is in Washington for the final round of
negotiations ahead of the July 9 deadline of reciprocal tariff suspension.
Trump said the US had already signed a trade deal with China and is having some great deals.
''...One may be coming up with India...'' ''We are going to open up India like we did China,'' Trump said
''We just signed with China. We are not going to make deals with everybody. But we are having
some great deals. We have one coming up, maybe with India, a very big one,' Trump said while
speaking at a White House event.
Meanwhile, an Indian trade delegation is in Washington for discussions with their US counterparts
on finalizing the deal before July 9. The US had suspended high tariffs on Indian goods till July 9.
India is seeking full exemption from the additional 26 percent tariff imposed by the US and wants
duty concessions on textiles, gems and jewellery, leather goods, while the wants concessions on
automobiles, petrochemical products and some agricultural products. However, exact details have
not been disclosed.
Commerce and Industry Minister Piyush Goyal said last month that India and the US were in the
process of negotiating a fair and equitable trade agreement that would benefit both countries.
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