One of first US trade deals will be with India, Treasury's Bessent says

Reuters
28 Apr
One of first US trade deals will be with India, Treasury's Bessent says

WASHINGTON, April 28 (Reuters) - U.S. Treasury Secretary Scott Bessent on Monday said many top U.S. trading partners had made 'very good' proposals to avert U.S. tariffs, and one of the first deals to be signed might be with India.

Bessent, speaking on CNBC, said the U.S. had also held very substantial negotiations with Japan and discussions with other Asian trading partners were going well.

He said recent moves by China to exempt certain U.S. goods from its retaliatory tariffs showed that it wanted to de-escalate trade tensions with the United States.

(Reporting by Andrea Shalal, David Lawder and Doina Chiacu; Editing by Chizu Nomiyama)

((andrea.shalal@tr.com; +1 202-815-7432;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10