Fox Business Senior Correspondent Charles Gasparino reports that people inside the Trump White House are alerting senior Wall Street executives that a trade agreement in principle with India is close.
Senior Wall Street figures with ties to the White House are the source for the information.
Details on timing are unclear, and Gasparino notes that similar signals were given previously in talks with Japan, only for terms to be later renegotiated. If finalized, the India deal is expected to include agreed-upon goals, resolved issues, and a deadline for a fully-baked trade pact. His sources add that the structure could serve as a template for deals with Japan, South Korea, and Australia.
Press officials for Commerce Secretary Scott Bessent had no comment but did not deny the matter. Story developing.