Former President Donald Trump has indicated that the United States is close to finalizing trade agreements with India and China, with a deal involving Europe also considered possible. Indian Commerce Minister Piyush Goyal expressed optimism about concluding the U.S.-India trade deal following substantial progress. However, U.S. Trade Representative Jamieson Greer has emphasized that additional negotiations with India are necessary ahead of the August 1 deadline, when higher tariffs are set to take effect. A key point of contention remains the U.S. demand for India to immediately eliminate tariffs on most products once the trade deal takes effect, which has introduced challenges to finalizing the agreement.