September 18, 2026

US will sort out trade with India, Commerce Secretary Lutnick says in CNBC interview

He says the deal hinges on stopping Russian oil imports

US will sort out trade with India, Commerce Secretary Lutnick says in CNBC interview
US Secretary of Commerce Howard Lutnick attends a ceremony marking the 24th anniversary of the Sept 11, 2001 attacks on the World Trade Center at the 9/11 Memorial and Museum in the Manhattan borough of New York City, US, Sept 11, 2025. REUTERS/Kylie Cooper

bdnews24.com

Reueters

Published : 12 Sep 2025, 02:38 AM

Updated : 21 Aug 2026, 01:47 PM

US Commerce Secretary Howard Lutnick said on Thursday he believes the United States will sort out a trade deal with India as soon as that country stops buying Russian oil.

Asked on CNBC what trade issue he was most focused on, Lutnick mentioned India and said: "Well, we're going to sort out India," once it stops buying Russian oil.

Lutnick also said "we have a big deal coming with Taiwan" and he said a trade agreement would probably get done with Switzerland.

On South Korea, he said: "We made a deal, but let's see if they come through with the paperwork."

He would not comment on whether an immigration raid on a Hyundai plant in Georgia had delayed finalisation of that deal.

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