Commerce Secretary Howard Lutnik discussed the possibilities for a trade deal between the US and India at the US-India Strategic Partnership Forum at Washington DC on 2 June 2025. (@Usispforum/YouTube)
US Commerce Secretary Howard Lutnik underlined the future of the US-India trade relations, speaking at the 2025 US-India Strategic Partnership Forum (UsisPF), urged to have intense economic support in line with President Trump. Tariff,
“Earlier countries get a better deal. This is the way,” Lutnik commented during his main address at the USISPF at Washington DC on Monday, “people who come, you know, from July 4 to 9 from July 9 to 9, just a pile.
Commercial secretary Accepted that unusually rapid timeline administration is contrary to traditional multi-year dialogue.
He said, “These types of deals used to take 2 or 3 years, and we are trying to do them in a month, which you know, not just the ordinary DNA of business relations between countries,” he said.
India has been open for big trade progress, Kevin Haset says
Howard Lutnik, US Commerce Secretary, Washington, DC, on the Oval Office of White House in US on Wednesday, March 26, 2025. (Francis Chung/Politico/Bloomberg Getty Image/Getty Image)
Lutnik argued that the administration is not advocating concessional concessions from India, but “proper access to” Indian market,
He said, “We want our businesses to get proper access to India markets.” “Now, all this is not going to happen and it is not going to happen everywhere. But we want the trade deficit to be reduced.”
He said, “Now in return, what India wants they are going to achieve some major markets that they want to ensure that they have special access to the American marketplace,” he said. “And so it’s business.”
He said that the ongoing conversation between India and America is in “very good place”.
He said, “We have been successful, I think, be in a very good place, and you should expect a deal between the United States and India, because I think I think we found a place that actually works for the two countries,” he said.
After US President Donald Trump, Secretary of Commerce Howard Lutnik signed executive orders to implement tariffs on imported goods during the “Make America Amir again” business declaration program at Rose Garden at the White House on April 2, 202. (Andrew Harnik / Getty Image / Getty Images)
Truth post on Monday evening, Trump doubled On their main trade theory: “If other countries are allowed to use tariffs against us, and we are not allowed to combat quick and lemon with tariffs against them, then there is not even a small chance of economic existence in our country.”
President Trump, to deal with Modi’s Modi trade, tariff tension in high-stake meeting
US President Donald Trump has placed a chart of “Make America Amir again again at the Rose Garden at the White House at Washington, DC on 2 April 2025, DC, speaking during the” Business Declaration program “, a chart of” mutual tariff “. (Chip Somodeville / Getty Image / Getty Image)
In April, Trump imposed A 27% mutual tariff To pressure India to reduce its tariffs on most Indian exports. While strategic areas such as pharmaceuticals were exempted, industries such as textiles and machinery were affected.
Click here to read more on Fox Business
India has since avoided vengeance, instead chose rather than interacting with the administration to reduce the tariff.
