An Indian delegation has reached Washington to hold a fresh round of talks on the Bilateral Trade Agreement (BTA) with the US, focusing on agriculture, automobiles, and tariffs. The four-day discussions are expected to shape a potential interim deal
US President Donald Trump said the country is close to finalising a trade deal with India, as his administration sends out tariff letters to other nations. India, spared from this round, has three more weeks to conclude an interim agreement
India's exports to the US are rising, and it can increase imports of products like shale gas, LNG, and crude oil from America to diversify its import basket, as prices of these items are lower in the US, an official said
Sources says with a team of US officials expected to visit India next month for trade talks, there is a possibility that the two countries may agree on an interim trade pact by June 25
“We've had many countries come forward and present some very good proposals, and we're evaluating those.” “I would guess that India would be one of the first trade deals we would sign. So watch this space,” Bessent said
Prasada made remarks while addressing members of the Indian-American community at an interactive session organised by the Consulate General of India in New York
India's chief negotiator, Additional Secretary in the Department of Commerce Rajesh Agrawal, will lead the team for the first in-person talks between the two countries
US President Donald Trump has postponed by three months the imposition of reciprocal tariffs, with the exception of China, on whom a 125 per cent tariff has been slapped. However, a 10 per cent additional duty on exports to the US will continue
Trump discussed the US' relationship with India. Asked about his summit with Prime Minister Narendra Modi last month, Trump said he has a “very good relationship” with India
