Business

Very, very close to historic trade deal with India: Senior US official

A senior US official says the two countries are nearing a historic trade agreement.

Business desk
NRI HeraldJuly 2, 2026
3 min read
Very, very close to historic trade deal with India: Senior US official

A senior US official said the United States is very close to finalizing a historic trade deal with India. The official, who spoke on condition of anonymity, described the negotiations as being in their final stages.

The deal is expected to cover a range of trade issues that have been points of contention between the two countries. It would mark a significant milestone in bilateral economic relations.

The official did not provide a timeline for the announcement but indicated that both sides are working to resolve the remaining outstanding issues. The agreement is seen as a priority for both governments.

The potential deal comes after months of negotiations and high-level discussions between US and Indian trade officials. It is expected to boost trade and investment flows between the two economies.

Business desk · July 2, 2026
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