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High-level US team arrives in Delhi for talks on bilateral trade pact
June 06, 2025
|The Political and Business Daily
A high-level US trade delegation has arrived in the national capital to move ahead on the negotiations for a Bilateral Trade Agreement (BTA) with India.
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The negotiators are aiming to finalise an interim trade deal ahead of the July 9 deadline that has been fixed by US President Donald Trump for the 90-day pause on new tariffs that were to be levied on Indian products. Negotiations are expected to continue after that for a broader trade deal to be signed in September-October.
The visit of the US team comes against the backdrop of Union Commerce Minister Piyush Goyal's recent trip to Washington for the trade talks.
India has proposed significant tariff reductions, potentially lowering average duties from 13 per cent to 4 per cent, in exchange for exemptions from US tariff hikes imposed during the Trump administration.
هذه القصة من طبعة June 06, 2025 من The Political and Business Daily.
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