US President Donald Trump said on Monday the United States was getting close to reaching a deal with India that would expand economic and security ties between the two countries, boost US energy exports and promote investments in key US sectors. “We’re getting a fair deal, just a fair trade deal,” Trump told reporters in the Oval Office at the swearing-in of his envoy to India, Sergio Gor.
We’re making a deal with India, much different deal than we had in the past.” Trump repeated his optimism that a deal was near, saying, “We’re getting close.” According to media reports surfaced last month, India and the US were nearing a long-stalled trade agreement that would reduce US tariffs on Indian imports to 15% to 16% from 50%.