FoxBusiness Gasparino: Near agreement in principal on trade with India

For what it is worth (more of some of the rehash from yesterday). FoxBusiness Gasparino it X’ing

• Trump White House is informing senior Wall Street executives of a near-term trade agreement in principle with India.

• Sources are senior Wall Street execs with connections to the White House.

• No specific timing details yet; past efforts with Japan were delayed due to renegotiations.

• The envisioned India deal would include:

  • Agreed-upon goals

  • Resolved issues

  • A set deadline for a finalized trade pact

• Deal could serve as a template for similar agreements with Japan, South Korea, and Australia.

• Press officials for Scott Bessent declined to comment but did not deny the report.

• Story is still developing.

Here is the SCOOP

Love how the WH tells Wall Street execs

Let me guess, it will be a “Memorandum of understanding” and the thorny issues will be figured out later.

This article was written by Greg Michalowski at www.forexlive.com.