Commerce Secretary Howard Lutnick announced that he has secured a trade deal with an unnamed country, pending approval from its prime minister and parliament. Although the specifics remain undisclosed, officials suggest India may be the expected partner, with President Trump expressing optimism about the deal. Treasury Secretary Scott Bessent confirmed that negotiations with India, South Korea, and Japan are advancing, emphasizing strong cooperation with India's prime minister. Expect announcements soon as discussions progress towards formal agreements with these nations.
"I have a deal done, done, done, done, but I need to wait for their prime minister and their parliament to give its approval, which I expect shortly."
"India's coming along great. I think we'll have a deal with India... they want to make a deal," the president said.
"I could see some announcements on India. I could see the contours of a deal with the Republic of Korea coming together, and then we've had substantial talks with the Japanese."
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