Donald Trump confirmed that the United States and India will soon sign their long-awaited trade deal.

By Aniket Chakraborty Oct 30, 2025 Arrow WORLD NEWS

The announcement came from South Korea, during the final leg of Trump’s Asia tour.

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Talks had dragged for months over tariffs, Russian oil imports, and market access.

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Trump said, “I’m doing a trade deal with India and have great respect and love for Prime Minister Modi.”

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Reports suggest both sides resolved two of three key sticking points, including oil and tariffs.

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The US will reportedly cut tariffs to 16%, while India agreed to reduce Russian oil purchases.

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The compromise includes possible imports of non-GM American corn and soymeal for ethanol and feed.

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India remains firm that small farmers’ livelihoods will not be compromised in any deal.

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External Affairs Minister S. Jaishankar said the deal must respect India’s red flags on unfair penalties.

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As Trump praises Modi as “tough but nicest-looking,” the trade pact could mark a new era in India-US ties.

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