Bessent: US, India Near Agreement to Lower Tariffs

Bessent: US, India Near Agreement to Lower Tariffs

Treasury Secretary Scott Bessent testifies before the House Ways and Means Committee on Capitol Hill in Washington on June 11, 2025. Madalina Vasiliu/The Epoch Times

The United States and India are “very close” to a trade agreement, Treasury Secretary Scott Bessent said on Tuesday.

In a July 1 interview with Fox News, he said the pending deal is aimed at lowering tariffs and preventing a sharp increase in reciprocal tariffs scheduled for July 9.

Original News Source Link – Epoch Times

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