Rubio says India-US trade deal is very close
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Rubio says India-US trade deal is very close

Hindustan Times·

US Secretary of State Marco Rubio said on Tuesday that India and the United States are very, very close to a trade agreement. He spoke on his second official India visit, which began in Mumbai. Rubio said a small number of items remain. He will meet External Affairs Minister S. Jaishankar and later travel to Jamnagar in Gujarat.

Prism

What It Means For You

  • Rubio said he hopes a trade deal announcement will come soon.
  • He linked recent US decisions on Russia-related tariffs to closing the deal.
  • He called India energy diversification a smart course during the Mumbai visit.

What's Happening

  • Rubio arrived in Mumbai for talks on energy, trade, defence and technology.
  • MEA spokesperson Randhir Jaiswal welcomed him on his second India trip this year.
  • He laid a wreath at the Taj memorial for 26/11 victims during the visit.

Tariffs And Russian Oil

  • Hindustan Times said earlier US tariffs of 50 percent on Indian imports had fallen to 18 percent as talks advanced.
  • BusinessLine said Trump waived tariffs that could hit top importers of Russian oil, including India.
  • Rubio said India still buys substantial Russian energy while shifting its import mix.
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