Trump Hints ‘Very Big’ Trade Deal With India After Pact With China

<p>In a bold declaration from the White House on Thursday, US President Donald Trump teased the prospect of a &ldquo;very big&rdquo; trade deal with India, signaling momentum in negotiations that have been quietly unfolding behind closed doors.</p>
<p>Speaking at the high-profile “Big Beautiful Event,” Trump described the potential agreement as a “great deal” and hinted it could soon follow other recent trade breakthroughs. &ldquo;Everybody wants to make a deal and have a part of it,&rdquo; he said, referencing the media&rsquo;s previous skepticism. &ldquo;Well, we just signed with China yesterday. We have one coming up, maybe with India. A very big one.&rdquo;</p>
<blockquote class=”twitter-tweet” data-media-max-width=”560″>
<p dir=”ltr” lang=”en”><a href=”https://twitter.com/hashtag/WATCH?src=hash&amp;ref_src=twsrc%5Etfw”>#WATCH</a> | “…We just signed (trade deal) with China. We’re not going to make deals with everybody… But we’re having some great deals. We have one coming up, maybe with India, a very big one. We’re going to open up India. In the China deal, we’re starting to open up China.&hellip; <a href=”https://t.co/fJwmz1wK44”>pic.twitter.com/fJwmz1wK44</a></p>
&mdash; ANI (@ANI) <a href=”https://twitter.com/ANI/status/1938335110807404600?ref_src=twsrc%5Etfw”>June 26, 2025</a></blockquote>
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<p>Trump&rsquo;s comments come just weeks after US and Indian trade negotiators wrapped up a four-day round of intensive discussions, aimed at crafting a comprehensive pact to significantly boost market access in both countries. The negotiations, which concluded on June 10, reportedly covered a range of key issues&mdash;from industrial and agricultural trade to tariff reductions and the dismantling of non-tariff barriers.</p>
<p>The US delegation was led by officials from the Office of the US Trade Representative, while India&rsquo;s side was spearheaded by Rajesh Agrawal from the Ministry of Commerce. According to insiders, the talks are part of a broader effort to grow bilateral trade from its current level of $190 billion to an ambitious $500 billion by 2030.</p>
<p>Echoing Trump&rsquo;s enthusiasm, Union Commerce and Industry Minister Piyush Goyal said the two nations are committed to reaching a “fair and equitable” deal. &ldquo;PM Modi and President Trump met in February 2025 and agreed to pursue a bilateral trade agreement that benefits both our economies, businesses, and people,&rdquo; Goyal stated. &ldquo;We are negotiating to make a nice, fair, equitable, and balanced agreement to promote business.&rdquo;</p>
<p>Adding to the sense of optimism, US Secretary of Commerce Howard Lutnick recently affirmed that a deal could be finalized soon, highlighting the progress both sides have made in aligning their strategic interests.</p>
<p>Yet, Trump was clear that the US would remain selective in its trade partnerships. &ldquo;We&rsquo;re not going to make deals with everybody,&rdquo; he said, suggesting a more aggressive approach for certain nations. &ldquo;Some we are just going to send them a letter, say thank you very much. You are to pay 25, 35, 45 percent.&rdquo;</p>
<p>While the India deal is still in the works, Trump celebrated the completion of a separate trade agreement with China, signed just a day prior. Though details remain limited, a White House official confirmed the pact includes provisions to accelerate the flow of rare earth materials from China to the US&mdash;an area of growing strategic importance.</p>
<p>The deal also reportedly includes a supplementary framework for the implementation of the Geneva agreement, a move seen as a stabilizing gesture following months of strained US-China trade relations.</p>