India-US Trade Deal Nears Completion, Jaishankar Highlights 'Strong Momentum'

• External Affairs Minister S Jaishankar announced the India-US trade deal is in its final stages, with detailing to be completed soon.
• Jaishankar met US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent during his US visit.
• He also attended the Critical Minerals Ministerial, focusing on secure access to critical minerals and rare earths.
• The trade deal is expected to reduce US tariffs on India from 50% to 18%, while India will reduce tariffs on American goods to 0%.
• India will shift oil purchases from Russia to the US and Venezuela, and buy $500 billion in goods from the US, including agriculture and energy.