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US and India close to finalising bilateral trade agreement, confirms Donald Trump

US President Donald Trump has confirmed that a bilateral trade agreement with India is nearing finalisation, echoing recent remarks by Secretary of State Marco Rubio that the deal could materialise within weeks.

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Published:Thursday, October 22, 2026 at 6:02 AM(13 hours ago)
Updated:Thursday, October 22, 2026 at 5:35 PM
3 min read
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US and India close to finalising bilateral trade agreement, confirms Donald Trump
Economy
ছবি: চিত্রা পোস্ট অনলাইন ডেস্কSpecial Report
📌Key Highlights & Summary:
  • •US and India are nearing the finalisation of a bilateral trade agreement.
  • •President Donald Trump stated the upcoming deal will be significantly different from past accords.
  • •Secretary of State Marco Rubio indicated the agreement could be finalised within weeks.

The United States and India are rapidly advancing toward finalising a comprehensive bilateral trade agreement, as confirmed by US President Donald Trump. Speaking during a news briefing, President Trump responded to queries regarding the status of the negotiations, stating unequivocally that both nations are eager to finalise the pact and that it is approaching completion. He also hinted that the upcoming agreement will feature a significantly different structure compared to past trade accords between the two nations.

This development closely mirrors recent statements made by US Secretary of State Marco Rubio, who described the India-US trade negotiations as being incredibly close to the finish line. During media interactions in Mumbai, India, Rubio noted that while he is not directly involved in the frontline negotiations—which are handled primarily by the US Trade Representative—he has closely monitored the discussions. He expressed optimism that the agreement would materialise in a matter of weeks rather than months.

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Elaborating on the meticulous final stages of the diplomatic process, Rubio emphasised the necessity of absolute precision before any public announcements are made. He underscored that ensuring every single detail is mutually agreed upon is vital to safeguarding a bilateral partnership of such high strategic and economic importance. The careful review process aims to prevent any misunderstandings and solidify long-term economic ties between Washington and New Delhi.

Observers note that this prospective trade agreement represents a crucial milestone in strengthening US-India relations amidst a shifting global economic landscape. Despite previous trade frictions and tariff disputes in earlier years, the renewed momentum signals a pragmatic approach to enhancing market access, boosting bilateral investments, and securing resilient supply chains across the Indo-Pacific region. Both governments view economic cooperation as a cornerstone of their broader geopolitical partnership.

As trade officials from both countries iron out the final technical details, anticipation continues to build for the official signing of the agreement. Once finalised, the pact is expected to unlock substantial economic benefits, foster greater commercial collaboration, and set a robust framework for future economic diplomacy between the two democracies.

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