The United States and India are still trying to finish their long-overdue trade agreement, but Donald Trump’s newly appointed ambassador, Sergio Gor, says the twoThe United States and India are still trying to finish their long-overdue trade agreement, but Donald Trump’s newly appointed ambassador, Sergio Gor, says the two

Trump envoy Gor says India‑US trade deal gaps will be bridged as negotiators prepare next call

2026/01/12 18:53
4분 읽기
이 콘텐츠에 대한 의견이나 우려 사항이 있으시면 crypto.news@mexc.com으로 연락주시기 바랍니다

The United States and India are still trying to finish their long-overdue trade agreement, but Donald Trump’s newly appointed ambassador, Sergio Gor, says the two sides are getting there.

On his first day on the job, Gor told embassy staff in New Delhi that both governments are still talking. He said another call is set for Tuesday and claimed the deal is still in motion.

“Real friends can disagree but always resolve their differences in the end,” Gor said.“Both sides continue to actively engage.

In fact, the next call on trade will occur tomorrow. Remember India is the world’s largest nation so it’s not an easy task to get this across the finish line but we are determined to get there.”

Trump’s envoy blames delays on size and complexity

Gor said India was originally supposed to be one of the first to sign a deal during Trump’s second term, but it didn’t happen. The two sides never agreed on the final details.

The U.S. slapped India with import taxes as high as 50%. It’s one of the highest rates anywhere in the world, and it was Washington’s way of hitting back at India’s energy imports from Russia.

Another problem? Trump and Modi’s communication. U.S. Commerce Secretary Howard Lutnick told reporters last week that India didn’t finalize the deal because Modi never called Trump to close it.

That comment made officials in New Delhi furious. They’re also still annoyed at Trump’s claims from last year that he personally ended the India-Pakistan conflict. India denied that and didn’t like Trump taking credit for something they say he didn’t do.

Gor tried to patch things up with softer words.“I can attest that his friendship with Prime Minister Modi is real,” he said.

The speech was delivered on the embassy steps with a crowd of mission staff watching. Gor said the two countries are tied not just by interest, but by top-level cooperation.

India to join Trump’s Pax Silica trade and tech group

Gor’s appointment is a shift in personnel but not direction. He’s a longtime Trump insider who led the Presidential Personnel Office and helped place thousands of Trump allies into government jobs.

Now he’s the point man in India. Even though he doesn’t have deep background in South Asia, he’s jumping in fast. He said his main goal is to expand ties between Washington and New Delhi.

One of the tools to do that? “Pax Silica.” That’s the Trump administration’s new tech alliance focused on semiconductors and AI. It already includes Japan, South Korea, the UK, and Israel. Gor said India will be invited to become a full member next month.

“Pax Silica is a US-led strategic initiative to build a secure, prosperous and innovation driven silicon supply chain—from critical minerals, energy inputs to advanced manufacturing semiconductors, AI development and logistics,” he said.

Behind the scenes, Trump’s team is already acting. The White House has taken government stakes in chipmakers and mining companies. They’re also pushing money into rare earths projects and global data centers. Export licenses for advanced chips are being used like bargaining chips.

National security is now being traded like it’s a product, and Washington is making sure no individual U.S. state can interfere with federal control over AI rules.

Gor replaces Eric Garcetti, the former Los Angeles mayor who helped lead Joe Biden’s 2020 campaign.

With Gor now in place, the Trump team has another loyalist running a key post. Whether he can finally get the India trade deal signed is still up in the air, but the next call is already on the calendar.

Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free.

시장 기회
OFFICIAL TRUMP 로고
OFFICIAL TRUMP 가격(TRUMP)
$2.853
$2.853$2.853
+1.56%
USD
OFFICIAL TRUMP (TRUMP) 실시간 가격 차트
면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, crypto.news@mexc.com으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.

추천 콘텐츠

Edges higher ahead of BoC-Fed policy outcome

Edges higher ahead of BoC-Fed policy outcome

The post Edges higher ahead of BoC-Fed policy outcome appeared on BitcoinEthereumNews.com. USD/CAD gains marginally to near 1.3760 ahead of monetary policy announcements by the Fed and the BoC. Both the Fed and the BoC are expected to lower interest rates. USD/CAD forms a Head and Shoulder chart pattern. The USD/CAD pair ticks up to near 1.3760 during the late European session on Wednesday. The Loonie pair gains marginally ahead of monetary policy outcomes by the Bank of Canada (BoC) and the Federal Reserve (Fed) during New York trading hours. Both the BoC and the Fed are expected to cut interest rates amid mounting labor market conditions in their respective economies. Inflationary pressures in the Canadian economy have cooled down, emerging as another reason behind the BoC’s dovish expectations. However, the Fed is expected to start the monetary-easing campaign despite the United States (US) inflation remaining higher. Investors will closely monitor press conferences from both Fed Chair Jerome Powell and BoC Governor Tiff Macklem to get cues about whether there will be more interest rate cuts in the remainder of the year. According to analysts from Barclays, the Fed’s latest median projections for interest rates are likely to call for three interest rate cuts by 2025. Ahead of the Fed’s monetary policy, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, holds onto Tuesday’s losses near 96.60. USD/CAD forms a Head and Shoulder chart pattern, which indicates a bearish reversal. The neckline of the above-mentioned chart pattern is plotted near 1.3715. The near-term trend of the pair remains bearish as it stays below the 20-day Exponential Moving Average (EMA), which trades around 1.3800. The 14-day Relative Strength Index (RSI) slides to near 40.00. A fresh bearish momentum would emerge if the RSI falls below that level. Going forward, the asset could slide towards the round level of…
공유하기
BitcoinEthereumNews2025/09/18 01:23
MEXC Publishes April 2026 Proof of Reserves, BTC Reserve Ratio Rises to 295%

MEXC Publishes April 2026 Proof of Reserves, BTC Reserve Ratio Rises to 295%

VICTORIA, Seychelles, April 15, 2026 (GLOBE NEWSWIRE) -- MEXC, the world leader in 0‑fee digital asset trading, published its April 2026 Proof of Reserves.
공유하기
CryptoReporter2026/04/15 18:00
Survey Reveals Widespread Confusion About Cryptocurrency Tax Obligations

Survey Reveals Widespread Confusion About Cryptocurrency Tax Obligations

Coinbase survey reveals over 50% of crypto users don't understand tax rules, highlighting compliance risks and education gaps in the growing digital asset industry
공유하기
Citybuzz2026/04/02 22:05

USD1 Genesis: 0 Fees + 12% APR

USD1 Genesis: 0 Fees + 12% APRUSD1 Genesis: 0 Fees + 12% APR

New users: stake for up to 600% APR. Limited time!