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

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U.S. Secretary of State Marco Rubio met with Indian Foreign Minister Subrahmanyam Jaishankar in Mumbai on Tuesday as both countries seek to deepen energy cooperation and move closer to finalizing a trade deal. Rubio told reporters that they are very close, with only a small number of items left to wrap up. Washington imposed tariffs of up to 50% on most Indian goods in August 2025, later reduced to 18% under a framework agreed upon in February. India’s purchases of discounted Russian crude since the start of the war in Ukraine in February 2022 have strained ties with the United States. Rubio is scheduled to visit the world’s largest refining complex in Jamnagar on Wednesday, operated by Mukesh Ambani’s Reliance Industries.

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Telemachttp://cryptoinfo.ch
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