President Donald Trump said the United States and India will soon finalize a bilateral trade deal during a virtual appearance in New Delhi.

The statement signals a push to resolve long-standing economic imbalances between the two nations. While the leaders maintain a friendly rapport, the outcome depends on whether the U.S. can successfully negotiate lower tariffs on American goods.

Trump spoke May 24, 2026, during the U.S. Embassy’s 250th [1] Independence Day celebration in New Delhi. Connecting live with U.S. Ambassador Sergio Gor, the president described Prime Minister Narendra Modi as a "good friend" and said, "I'm a big fan of PM Modi" [2].

Addressing the economic relationship, Trump said that the U.S. is now "making a lot of money with India" [3]. He said that India previously took advantage of the United States through high tariffs, but expressed confidence that the current dynamics have shifted in favor of the U.S. [3].

"We'll get a trade deal," Trump said [3].

Despite the optimistic tone of the call, other reports suggest internal friction. The New York Times reported that officials have had to address how Trump’s aggressive trade and immigration policies have caused fury in India [4]. This contrast highlights a tension between the personal friendship of the two leaders and the complex bureaucratic realities of trade negotiations.

Trump said that the U.S. now possesses the leverage necessary to lock in an agreement that addresses past imbalances [3]. He said that the administration is eager to finalize the pact to strengthen economic ties between the two democratic powers.

"We'll get a trade deal"

The push for a bilateral trade deal reflects a strategy of using personal diplomacy to achieve economic concessions. By framing the relationship through a personal bond with Prime Minister Modi, Trump aims to pressure India into reducing tariffs while maintaining a strategic partnership in the Indo-Pacific region.