After Indian Prime Minister Narendra Modi and Trump met last month, the two nations agreed to resolve tariff rows and work on the first segment of a deal by the fall of 2025, aiming to reach two-way trade of $500 billion by 2030.
Trump often singles out India as the country with the highest average tariff rates, among top trading partners, while European Union countries are criticized for their high 10% car tariff rate, which is four times the 2.5% U.S. passenger car rate, but less than the 25% U.S. tariff on pickup trucks.
Bessent said that the Trump administration is particularly focused on the 15% of countries that have the highest tariffs and large trading volumes with the U.S., which he referred to as the "Dirty 15."
These countries also often have regulations governing domestic content or food safety that conspire to keep U.S. products out of their markets, he said.
British business and trade minister Jonathan Reynolds came to Washington this week to meet in person with Lutnick and Greer, with both sides talking up the prospects of a bilateral trade deal focused on technology.
Reporting by David Lawder; Editing by Chizu Nomiyama and Stephen Coates
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