Trump says US-India trade deal 'pretty close'

· Trade · India · United States

President Donald Trump said the US and India are close to finalizing a trade deal after more than a year of negotiations. Secretary of State Marco Rubio said India is diversifying its oil supplies; India is a major importer of Russian crude. The potential deal comes as India deepens its role in global electronics supply chains, with Apple's iPhone factories expanding there, though analysts question whether the country can become the next China. India's trade and energy choices are being closely watched as Washington presses partners to reduce reliance on Russia.

Why it matters：A US-India deal would reshape tariff and energy flows in Asia and signal how Washington balances trade with its Russia pressure campaign.

Key points

  • Talks have run more than a year
  • Rubio says India is diversifying oil imports
  • Apple is expanding iPhone production in India

Sources (original reporting)

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