Trump Aide Seeks Trade Resolution with India
Trump Aide Seeks Trade Resolution with India
Here’s a sharp update on the evolving—and high-stakes—trade tensions between the U.S. and India, framed by comments from U.S. Treasury Secretary Scott Bessent:
Key Developments
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Bessent expresses confidence in a solution: Speaking publicly, he noted, “two great countries will get this solved,” signaling optimism that the U.S. and India can overcome their trade impasse.Reuters+15www.ndtv.com+15The Economic Times+15
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Strong criticism wrapped in conciliatory tone: While expressing hope, Bessent sharply criticized India’s purchase of Russian oil—accusing the move of indirectly financing Russia’s war efforts.The Times of Indiawww.ndtv.com
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Broader trade talks moving forward: India’s Commerce Minister, Piyush Goyal, stated that negotiations continue amid geopolitical friction, with a potential resolution expected by November.theguardian.com+8Reuters+8The Times of India+8
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