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Bloomberg Quint

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Image Credit: Bloomberg Quint

India-US Trade Deal: First Phase Can Be Expected Within Tariff-Pause Period

  • 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.

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