Overview
- A White House official said talks on a reciprocal trade pact show "a lot of positive developments" and could yield results before the end of the year.
- President Trump said discussions with Prime Minister Narendra Modi are "going great" and suggested he may lower tariffs on India "at some point."
- Sergio Gor was sworn in as U.S. ambassador to India, positioning a close Trump ally to help drive the negotiations.
- India’s commerce minister, Piyush Goyal, reiterated that any agreement must protect farmers, the dairy sector and workers, and said the timing depends on mutual readiness.
- Major U.S. duties imposed this year—a 26% reciprocal tariff in April and an additional 25% in August tied to Russian oil—remain in place as talks continue.