President Donald Trump expressed optimism about finalizing a trade deal with India soon, revealing ongoing negotiations. During a meeting with Bahrain’s Crown Prince, Trump discussed the anticipated financial influx to the US on August 1st, linked to various trade agreements. He underscored that the US is in advanced stages of talks with India to open up markets. Trump also mentioned a recent trade deal with Indonesia, which includes reduced tariffs. Highlighting the impact of tariffs, he noted increased US access to previously restricted markets. These developments coincide with the ongoing bilateral trade talks between India and the United States, which are progressing based on the decisions of Prime Minister Narendra Modi and President Trump.
