Secretary of Trade Histor Lutno discussed the prospects of a trade transaction between the US and India at the US and India strategic partnership forum in Washington on June 2, 2025 (@USISPFORUM/YouTube)
US Secretary of Trade Howard Lutno, speaking at the US and India Strategic Partnership Forum (USISPF), outlined the future of the US and India trade ties, calling on deeper economic cooperation in accordance with Trump Trump’s President Pressing with the tariff.
“Earlier, countries get a better business. That’s exactly what it is,” Lutnik said during his primary turn on Monday in Washington: “Those who come, you know, July 4 to July 9.
Secretary of Commerce Recognized an unusually fast term, which the administration is holding unlike traditional years of negotiations.
“These types of transactions took 2 or 3 years, and we are trying to make them in a month, which, you know, is not the usual DNA of trade relations between the countries,” he said.
Kevin Hasset says India has been opened for MKAING
On Wednesday, March 26, 2025, Howard Lutnit, the US Secretary, the White House’s oval office in Washington, the Columbia County, the USA. (Francis Chung/Politico/Bloomberg via Getty Images/Getty Images)
Lutnik claimed that the administration did not advocate wide concessions from India but “smart access to The markets of India“
“We would like our business to have smart access to India’s markets,” he said. “Now it’s not all, and it won’t be everywhere. But we want to reduce trade deficits.”
“Now, in return for this, India will want – they will receive certain key markets they want to make sure they have special access to the US market,” he said. “And here’s a compromise.”
He said that constant negotiations between India and the US are in a “very good place”.
“I believe we have managed to be in a very, very good place and you should wait for the transactions between the US and India in a not too far future because I think we have found a place that really works for both countries,” he said.
Trade Secretary Howard Lutnitsa goes after US President Donald Trump signs executive orders, introducing tariffs for imported goods during the “Make America Again” event in the pink garden in the White House on April 2 (Andrew Harnica / Getti Image / Getti Image)
On Monday night the truth, Trump has doubled In its main trade doctrine: “If other countries can use tariffs against us, and we are not allowed to withstand them quickly and deftly, with tariffs against them, there is no small chance of economic survival in our country.”
President Trump, India’s fashion to fight trade, tariff tensions at meeting with high rates
US President Donald Trump holds a schedule of “mutual tariffs” during a speech during a trade announcement “Make America again Rich” in Rose -garden at the White House on April 2, 2025 in Washington, Colombia District. (Chip Somodevilla / Getty Images / Getty Images)
In April, Trump imposed 27% mutual tariff Most Indian exports to India’s pressure on reducing its tariffs. While strategic sectors such as pharmaceuticals were released, branches such as textiles and techniques were affected.
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Since then, India has avoided revenge, deciding to negotiate with the administration instead to ease the tariffs.
