Overview
- Fox Business correspondent Charles Gasparino reported that White House insiders alerted Wall Street executives about a nearing trade agreement with India.
- Treasury Secretary Scott Bessent confirmed the administration is 'very close' to finalizing the India trade deal but did not deny allegations of tip-offs.
- Watchdog groups have criticized the alleged practice as enabling insider trading and favoring wealthy allies over the public interest.
- The reported India trade deal may serve as a template for future agreements with Japan and other nations, according to sources.
- Earlier this month, Trump boasted about friends profiting millions from a tariff pause, further fueling scrutiny of market manipulation claims.