India-US trade deal 'very close', says Trump after G7 Modi talks

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India-US trade deal 'very close', says Trump after G7 Modi talks

Synopsis

On the sidelines of the G7 summit in Evian, Trump declared the India-US trade deal 'very close' and called Modi 'one of the toughest' negotiators he has faced — an unusually candid compliment that signals real bargaining has been happening. Whether 'very close' survives contact with the actual tariff schedules is the question both capitals will now have to answer.

Key Takeaways

US President Donald Trump said the India-US trade deal is 'very close' following talks with PM Narendra Modi at the G7 summit in Evian on 17 June .
Trump described Modi as 'one of the toughest' negotiators, saying the PM's affable image often conceals a hard-nosed bargaining style.
Trump pledged that India would have 'a great friend in the White House' for as long as he is president.
PM Modi said both sides have given 'new speed and new energy' to the relationship since their Washington meeting last year.
The United States is one of India's largest trading partners; talks focus on market access, supply chains, and investment flows.

US President Donald Trump on Wednesday, 17 June declared that the United States was 'very close' to sealing a trade agreement with India, following a bilateral meeting with Prime Minister Narendra Modi on the sidelines of the G7 summit in Evian. The remarks signal the most optimistic public assessment from Washington in months of ongoing trade negotiations between the two countries.

What Trump Said

When asked directly how close the two sides were to finalising a deal, Trump offered a crisp two-word answer: 'Very close.' He then pivoted to an extended, characteristically colourful assessment of Modi's negotiating style, describing the Prime Minister as deceptively formidable at the bargaining table.

'He's a very tough negotiator. He's one of the toughest, actually,' Trump said. He added that Modi's affable public persona often caught counterparts off guard: 'He gets you by surprise. People say he's such a nice man. I said he's very tough. He's a tough negotiator.'

Trump also underscored the breadth of the bilateral agenda beyond trade. 'A lot of things are happening between the United States and India,' he said, noting that Modi had been directing significant Indian investment into the United States. 'The Prime Minister's building a lot in the United States. He's spending a lot of money in the United States.'

Trump on the Bilateral Relationship

The US President went further, describing the India-US relationship in unusually warm terms. 'As long as I'm president, they have a great friend in the White House,' he said, responding to questions about concerns in India over recent US policy decisions.

'India can do anything they want with us. We have the best relationship. We cannot be closer than we are,' Trump said. The remarks were among the most effusive he has made about any bilateral relationship at the G7 gathering.

What PM Modi Said

Prime Minister Modi described the engagement as a continuation of momentum built at an earlier summit. 'We had an extremely productive meeting in Washington last year, and since then we have given new speed and new energy to our relations,' he said. 'Our teams have also been working in close coordination and engagement,' Modi added, indicating that technical-level negotiations between the two governments have been active.

Context and What Is at Stake

The United States is one of India's largest trading partners, and India is an increasingly significant market for American goods and services. Both governments have been pushing to expand market access, strengthen supply chains, and increase investment flows — a priority that has gained urgency amid global supply chain realignments following the COVID-19 pandemic and rising geopolitical competition with China.

Notably, the G7 sideline meeting comes at a sensitive moment: Washington has been recalibrating trade relationships with several partners simultaneously, and a deal with India would mark a significant diplomatic and economic milestone for both administrations. How close 'very close' actually is — in terms of outstanding tariff and market-access disputes — remains to be seen when negotiators return to the table.

Point of View

So the declaration alone should be read cautiously. What is notable is the framing: by publicly praising Modi as a 'killer' negotiator, Trump is signalling to his domestic audience that any deal struck will be hard-won — useful political cover if concessions on tariffs or market access follow. For India, the warm language is welcome, but the real test lies in the specifics: outstanding disputes over agricultural tariffs, digital trade, and pharmaceutical pricing have resisted resolution for years. A G7 hallway declaration does not resolve those. Watch for whether a formal negotiating timeline is announced in the days that follow.
NationPress
4 Aug 2026

Frequently Asked Questions

What did Trump say about the India-US trade deal at the G7 summit?
Trump said the United States was 'very close' to reaching a trade agreement with India after meeting PM Modi on the sidelines of the G7 summit in Evian on 17 June. He expressed broad optimism about the bilateral relationship, saying 'a lot of things are happening between the United States and India.'
What did Trump say about PM Modi's negotiating style?
Trump described Modi as 'one of the toughest' negotiators he has encountered, saying the Prime Minister's pleasant public image often conceals a hard-nosed bargaining approach. 'He gets you by surprise,' Trump said, adding, 'He's a tough negotiator.'
What did PM Modi say about India-US relations at the G7?
PM Modi said both countries have given 'new speed and new energy' to their relationship since their previous meeting in Washington. He confirmed that teams from both sides have been working in 'close coordination and engagement' to advance goals set by the two leaders.
Why does an India-US trade deal matter?
The United States is one of India's largest trading partners, and a formal trade agreement would expand market access, strengthen supply chains, and increase investment flows between the world's largest and fifth-largest economies. It would also mark a significant diplomatic milestone amid global supply chain realignments.
Where did the Trump-Modi meeting take place?
The bilateral meeting took place on the sidelines of the G7 summit in Evian on 17 June. It followed an earlier meeting between the two leaders in Washington, which Modi described as 'extremely productive.'
Nation Press
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