White House Confirms Three Trade Deals Nearly Done Despite Court Tariff Ruling
White House Confirms Three Trade Deals Nearly Done Despite Court Tariff Ruling

White House Confirms Three Trade Deals Nearly Done Despite Court Tariff Ruling

News summary

Negotiations between India and the US for a bilateral trade agreement are progressing rapidly, with a US delegation expected in India soon to finalize an interim trade pact by the end of June. Indian Commerce Minister Piyush Goyal confirmed the positive momentum, while India's chief negotiator recently engaged with US counterparts to expedite the deal. Concurrently, White House economic adviser Kevin Hassett announced that three other global trade deals are nearly complete, dismissing a recent US trade court ruling that blocked many of President Trump's tariffs as judicial activism. Hassett expressed confidence in winning an appeal against the ruling and stated that minor judicial setbacks would not affect ongoing trade negotiations, anticipating more deals in the near future as countries open their markets to American products. The broader trade pact between India and the US is expected to be finalized by fall, marking a significant step in international trade relations. These developments indicate a robust effort by the US administration to expand trade agreements despite legal and diplomatic challenges.

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Left 67%
Center 33%
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Last Updated
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