President Donald Trump said the U.S. and India are very close to completing a trade deal following a meeting with Prime Minister Narendra Modi [1].
The potential agreement represents a significant shift in economic relations between the two nations, aiming to resolve long-standing disputes over tariffs and market access.
The leaders met on the sidelines of the G7 summit in Evian, France [2]. Trump said he had a very good conversation with Prime Minister Modi [3]. The discussions focused on a broad range of issues, including the finalization of a trade agreement that has been anticipated for some time [4].
Trump characterized the Indian leader as a formidable partner in these discussions. "He is a very tough negotiator," Trump said [5].
Regarding the progress of the negotiations, Trump said, "We are very close to a trade deal" [6].
Reports on the timing of the interaction vary. Some sources indicate this was the first bilateral meeting between the two leaders in 16 months [7]. Other reports suggest it was the first face-to-face interaction since the Indian Prime Minister visited Washington in February 2025 [8].
The meeting took place on June 17, 2024 [9]. The discussions occurred as part of the wider G7 diplomatic schedule in France [2].
“"We are very close to a trade deal."”
The proximity of a trade deal suggests a strategic alignment between the U.S. and India to strengthen economic ties amidst global geopolitical volatility. By acknowledging Modi as a 'tough negotiator,' Trump signals that any final agreement likely involves significant concessions from both sides, particularly regarding trade barriers and industrial tariffs.
