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 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

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.