🇺🇸💼 Bessent Eyes October Breakthrough in U.S.-India Trade Talks

U.S. Treasury Secretary Scott Bessent says India has been “a bit recalcitrant” in trade negotiations, with key issues still unresolved — including pacts with India and Switzerland. Speaking on Fox Business Network’s Kudlow, Bessent expressed optimism that the Trump administration could secure substantial terms by late October, calling the goal “aspirational” yet achievable.

His remarks come after President Trump announced an additional 50% tariff on Indian imports — with 25% directly tied to India’s Russian oil purchases — escalating economic pressure as talks continue.

📅 Target: End of October for major deal

📊 Tariffs: +50% on imports, +25% linked to oil

🌏 Impact: Rising trade tensions, potential shift in global supply chains

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