The first phase of the bilateral trade agreement between India and the US can be expected within the 90-day tariff-pause period.Negotiations are underway through video conferencing, and there is a possibility of Indian negotiators visiting the US and vice versa.India's lower differential tariff compared to neighboring countries like China and Vietnam has given it a competitive edge.Commerce Minister Piyush Goyal stated that 'very good negotiations' with the US are ongoing, and India would be a compelling case for a trade pact.