Investors should keep their expectations in check. Sectoral tariffs are a risk. Any agreements in coming weeks won’t be typical trade deals, which take years to negotiate.

Trump made remarks while speaking to reporters before departing White House for a rally in Michigan marking the first 100 days of his second administration. “India is coming along great. I think we'll have a deal with India,

Officials have drafted a framework for staggered reciprocal trade negotiations.