Trump Says US Will Have Access to Indian Market, Deal Soon

President Donald Trump has indicated that the ongoing negotiations between India and the US for a much-anticipated interim trade deal are on track and it could be sealed soon.

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Trump said the proposed deal could provide American companies greater access to the Indian market in line with the trade pact between the US and Indonesia.

India and the US have been holding negotiations for the trade pact primarily to keep the tariffs below 20 per cent.

"We made a deal with Indonesia...We have full access into Indonesia," the US president told reporters.

The US president said his administration is going to announce a few other trade deals and mentioned India in that context.

Under the trade deal, Indonesia is giving the US access to the country, which we never had, Trump said.