US President Donald Trump on Thursday (local time) said that trade talks with India are “going good” and signaled that he might visit the country next year.Addressing reporters at the White House, Trump again shifted focus to the issue of Moscow’s crude oil, stating, “They are going good, he stopped buying oil from Russia largely. He is a friend of mine, and we speak and he wants me to go there.,
When further questioned about plans to travel to India in 2026, he added, “It could be, yes.”Trump’s tariffs are now facing a trial in the US Supreme Court, which he has been using as a key tool in both economic and diplomatic strategy. According to a Reuters report, the US Supreme Court justices on Wednesday appeared doubtful about the legality of his sweeping tariff approach in a case that carries implications for global trade and represents a major test of Trump’s executive powers.Trump’s remarks come at a time when India and the United States are negotiating a Bilateral Trade Agreement (BTA), which aims to scale up trade volumes from $191 billion to $500 billion by 2030. The ongoing talks have gained increased attention due to the 50% tariffs currently imposed by the United States on Indian goods.Earlier this week, Union commerce minister Piyush Goyal also provided an update on the negotiations, admitting that although progress is being made, key challenges remain.“Talks are going on very well. There are many sensitive and serious issues, so naturally, it takes some time,” Goyal told ANI, when asked about the status of the ongoing trade discussions.His comments came after a similar update from the White House just hours earlier, which stated that the US President continues to prioritize strengthening ties with India and remains in regular contact with PM Modi, despite unresolved differences over tariffs and Russian oil imports.The White House update followed Trump’s recent acknowledgment of India’s reduced purchase of Russian oil. During his five-day Asia tour, he praised India for cutting back on Russian crude, describing the country as “very good” on the matter. Negotiations over the trade agreement have been active for months. Since March, five rounds of talks have taken place on the first phase of the deal, initially expected to be completed by the “fall of 2025.” On October 23, both sides held virtual consultations. In mid-September, US officials, led by Brendan Lynch, Assistant US Trade Representative for South and Central Asia, met Indian officials in New Delhi, where both sides agreed to accelerate discussions.The bilateral trade agreement, formally introduced in February following leadership directives, is positioned as a key step towards expanding opportunities for both economies.Indian goods currently face a 50% tariff from the US. This includes a 25% base duty and a 25% additional tariff on top of that. The additional tariffs were announced by the US President accusing India of fueling Moscow’s war machine against Ukraine.
