The Daily Pulse

General

Rubio says India‑US trade pact 99% finished, tariffs and visa rules not aimed at India

Reported by Vivek Joshi (Copy Editor) · Indian Express - India ·

Unconfirmed — Reported by one source so far

Reported by one source so far

Worth knowing
Rubio says India‑US trade pact 99% finished, tariffs and visa rules not aimed at IndiaPhoto: Wikimedia Commons

US Secretary of State Marco Rubio said the India‑US trade deal is 99% complete and could be finalised within weeks. He noted negotiations have run for more than a year‑and‑a‑half. The remaining hurdle, he said, is language‑related wording rather than major policy gaps. Rubio stressed that the high tariffs imposed on countries importing Russian oil and gas are not meant to punish India and that a Trump‑issued waiver last week shows the need for careful management of any impact on ties. He added that the US visa restrictions stem from fixing twenty years of neglect in an immigration system and are not targeted at India. Reflecting on almost two years as secretary, he described India‑US relations as positive and highlighted the Quad as a strong cooperation platform that is turning ideas into action. When asked if the Trump administration is soft on China, he rejected the term, saying the goal is strategic stability and warning that a US‑China trade war would be devastating for the global economy and would affect India. He also assured Indians that US dealings with Pakistan or any other nation will never be at the expense of the India relationship. ## Context The trade pact’s final wording stage is typical for complex agreements. US tariffs on Russian energy are part of broader sanctions on Moscow. The visa backlog has been a long‑standing issue in US immigration policy affecting many Indian professionals and students.

ExplainerWhy this matters

What Happened

Rubio told The Indian Express that the India‑US trade agreement is almost finished, with only wording issues left, and that recent US tariffs on Russian energy and current visa limits are not meant to harm India.

Why It Matters

A completed deal would likely increase bilateral trade, lower costs for Indian exporters, and deepen strategic ties such as the Quad. The energy tariffs are part of US pressure on Russia and can ripple through global markets, affecting Indian imports. Visa backlogs have long limited Indian students and workers from entering the US, so a policy fix could open more opportunities.

What Happens Next

The two sides will negotiate the final language and aim to sign the pact in the coming weeks. The US may gradually ease visa restrictions as the immigration system reforms. Monitoring will continue on how the Russian‑energy tariff waiver influences trade flows and whether any US‑China tensions rise, which could again affect India’s economy.

Read more at Indian Express - India →