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Hasten slowly
Financial Express Lucknow
|May 16, 2025
There is no need for India to try to hastily conclude an early bilateral deal with the US
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COMMERCE AND INDUSTRY minister Piyush Goyal heads to Washington this week to take forward the putative bilateral trade agreement (BTA) with the US. There is a warrant to tamp down expectations of any speedy conclusion of the first tranche of this deal which in any case is targeted for autumn. External affairs minister S Jaishankar gave a hint of the challenges on Thursday when he said the ongoing negotiations are complex and far from final. His comments came shortly after US President Donald Trump, speaking at a business forum in Qatar, asserted that India had offered a trade deal with zero tariffs. “It is very hard to sell in India. India has offered us a deal where basically they are willing to literally charge us no tariff,” Trump claimed, without offering further details.
This story is from the May 16, 2025 edition of Financial Express Lucknow.
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