U.S. Treasury Secretary Scott Bessent said Monday that several major U.S. trading partners had made strong proposals to avoid tariffs, and India is likely to be among the first countries to sign a trade agreement.
Speaking to CNBC, Bessent noted significant progress in talks with India, Japan, and other Asian partners. He highlighted that Vice President Vance’s recent trip to India showed promising developments and that negotiations with South Korea and Japan were also going well.
Bessent suggested that the first trade deal could be finalized within a week or two.
He also mentioned that China's move to exempt certain U.S. goods from retaliatory tariffs signaled an interest in easing tensions, and emphasized that the U.S. had responded by not escalating further.
Speaking to Fox News, Bessent said President Donald Trump would be heavily involved in crafting individual trade deals with 15 to 18 key partners, stressing the urgency of reaching agreements soon.
On China, Bessent hinted that future negotiations depended largely on Beijing, noting the trade imbalance between the two countries and suggesting that China might eventually initiate talks.
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At least nine people were killed and nearly thirty others injured after confiscated explosives accidentally detonated inside a police station in Nowgam, in Indian-administered Kashmir.
Canada and India are reopening trade talks after a two-year freeze, with both sides aiming for what Ottawa calls a “new process”, Canadian Trade Minister Maninder Sidhu said on Thursday in New Delhi.
India’s Air Chief Marshal A.P. Singh on Wednesday landed a C-130J transport aircraft at the new Mudh-Nyoma air force station in Ladakh, a senior defence official said.
A suicide bomber killed 12 people in Pakistan's capital on Tuesday in a sharp escalation of militant violence that the defence minister said had pushed the country into a "state of war".
Storm Claudia, which brought violent weather to Portugal, has resulted in the deaths of three people and left dozens injured, authorities reported on Saturday. Meanwhile, in Britain, rescue teams were organising evacuations due to heavy flooding in Wales and England.
U.S. President Donald Trump purchased at least $82 million in corporate and municipal bonds between late August and early October, including new investments in sectors benefiting from his policies, according to financial disclosures made public on Saturday.
Japan urged China on Saturday to take "appropriate measures" after Beijing issued a warning to its citizens against travelling to Japan, amid an ongoing dispute over Taiwan.
Russia announced on Sunday that its forces had made significant advances in Ukraine’s southeastern Zaporizhzhia region, capturing two settlements as part of a broader offensive aimed at seizing full control of the area.
President of the Republic of Azerbaijan Ilham Aliyev is taking part in the at the 7th Consultative Meeting of Central Asian leaders, which is being held in Tashkent, the capital of Uzbekistan.
Chileans headed to the polls on Sunday in a presidential election that pits the governing left-wing coalition against a wide field of right-wing contenders, in a vote that will also reshape the country’s legislature.
China’s Ministry of Culture and Tourism has issued a formal advisory urging Chinese tourists to refrain from traveling to Japan in the near future, citing growing safety risks and recent political tensions.
A rare earths agreement between the United States and China will “hopefully” be finalised by Thanksgiving, Treasury Secretary Scott Bessent said in an interview broadcast on Sunday.
Russia announced on Sunday that its forces had made significant advances in Ukraine’s southeastern Zaporizhzhia region, capturing two settlements as part of what it described as a broader offensive aimed at securing full control of the strategic territory.
Germany’s Foreign Minister Johann Wadephul arrived in Bosnia and Herzegovina on Sunday, marking the start of a multi-day diplomatic tour across all six Western Balkan states focused on accelerating their long-stalled European Union accession process.
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