Commerce Secretary Howard Lutnick introduced Tuesday that he has brokered a commerce cope with an unnamed nation — however mentioned that he can’t share the small print but.
“I have a deal done, done, done, done, but I need to wait for their prime minister and their parliament to give its approval, which I expect shortly,” Lutnick informed The Publish in an announcement.
Although Lutnick didn’t identify the nation, administration officers from President Trump on down have expressed optimism about India being the primary nation to succeed in a one-for-one commerce cope with Washington.
“India’s coming along great. I think we’ll have a deal with India… they want to make a deal,” the president mentioned on the White Home garden moments earlier than Lutnick issued his assertion.
Treasury Secretary Scott Bessent, who has taken the lead in US commerce negotiations to avert President Trump’s large “reciprocal” tariffs,” has characterised talks as far together with India, Japan and South Korea.
“Vice President Vance was in India last week. I think that he and [Prime Minister Narendra] Modi made some very good progress, so I could see some announcements on India,” Bessent informed reporters at a White Home briefing Tuesday morning. “I might see the contours of a cope with the Republic of Korea coming collectively, after which we’ve had substantial talks with the Japanese.
“I think that we are very close on India.”
