Lutnick Sees US-India Trade Deal in ‘Not-Too-Distant Future’ (1)

Commerce Secretary Howard Lutnick said he’s “very optimistic” about prospects for a trade deal between the US and India, suggesting an agreement could come before a July deadline for higher tariffs.

“You should expect a deal between the United States and India in the not-too-distant future,” Lutnick said at the US-India Strategic Partnership Forum’s Leadership Summit in Washington. “We’ve found a place that really works for both countries.”

Howard Lutnick

Photographer: Bonnie Cash/UPI/Bloomberg

India was one of the first countries to begin negotiating a trade deal with the US, hoping to avert President Donald Trump’s reciprocal tariffs, which are scheduled to kick in on ...