"We're getting a fair deal, just a fair trade deal," Trump told reporters in the Oval Office on Monday during the swearing-in ceremony of Sergio Gor as the new US ambassador to India. "We're making a deal with India — much different deal than we had in the past. We're getting close."

WASHINGTON: The United States is close to reaching a deal with India that would strengthen economic and security ties between the two countries, boost US energy exports, and promote investment

Commerce and Industry Minister Piyush Goyal on Tuesday said India wants a fair, equitable, balanced trade deal with the US and it will not compromise on the interests of farmers, fishermen, and the dairy sector.

Donald Trump said the US was planning on bringing the tariffs down at some point, and also said that they were getting close to a “fair deal” with India.

India will open its market to duty-free imports of soyabean, corn, and certain dairy products, while the two sides are finalising reciprocal tariff rates on industrial and agricultural goods.

U.S. President Donald Trump said on Monday (November 10, 2025) the United States was getting close to reaching a deal with India that would expand economic and security ties between the two countries, boost U.S. energy exports and promote investments in key U.S. sectors.

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