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Trump Says India-US Trade Deal Is Pretty Close as Rubio Visits India
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CNBC TV18•21-10-2026, 08:17
Trump Says India-US Trade Deal Is Pretty Close as Rubio Visits India
- •US President Donald Trump stated that India and the US are getting close to finalising a trade agreement.
- •US Secretary of State Marco Rubio is visiting India to hold talks with External Affairs Minister S Jaishankar on trade, energy security, and defence.
- •Rubio confirmed that the two nations are very close to an agreement with only minor issues remaining to be resolved.
- •Trump recently waived tariffs on buyers of Russian energy, removing a major obstacle in the ongoing trade negotiations.
- •During his visit, Rubio is also scheduled to meet business leaders and tour Reliance Industries Jamnagar refinery in Gujarat.
Key Questions Answered
US President Donald Trump stated that India and the US are "pretty close" to finalising a trade deal, noting that the agreement could take a much different form.
US Secretary of State Marco Rubio met with External Affairs Minister S Jaishankar in Mumbai to discuss trade, energy security, defence, and technology cooperation.
US President Donald Trump waived threatened tariffs of up to 100% on buyers of Russian energy, which removes a major potential obstacle to the ongoing trade negotiations.
