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Marco Rubio says ‘we’re about as close as you can be’ to an India trade deal after talks in Mumbai

FortuneOctober 20, 20263 min read

The U.S. imposed tariffs of up to 50% on most Indian goods in August 2025 after trade talks broke down

U.S. Secretary of State Marco Rubio held talks with India’s foreign minister in Mumbai on Tuesday as the two countries seek to deepen energy cooperation and move closer to finalizing a trade deal. India and the United States seek to revive trade negotiations stalled for months by tensions over American tariffs and the Indian government’s…

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