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India, US working on removing trade barriers
Hindustan Times Amritsar
|March 12, 2025
India and the US will focus on increasing market access for each other, reducing tariff and non-tariff barriers, and enhancing supply chain integration, Minister of State for Commerce Jitin Prasada told the Lok Sabha on Tuesday after an Indian ministerial delegation concluded the week-long America visit, as the two sides work on a Bilateral Trade Agreement (BTA) which they hope to conclude by the fall of 2025.
NEW DELHI:
In a written reply to specific questions related to the impact of tariffs imposed by the US on India's exports, Prasada said: "As on date, reciprocal tariffs have not been applied by the US on India." His comments came days after a delegation led by Commerce Minister Piyush Goyal concluded its US visit and even as New Delhi is holding interministerial discussions to lower exceptionally high tariffs on items such as automobiles (motorbikes and cars) for mutual gains, two officials said.
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