India engaged with US to seal trade pact: EAM

THE IMPACT OF US President Donald Trump's reciprocal tariffs is not yet known and New Delhi's strategy to deal with the situation is to firm up a bilateral trade pact with Washington by fall of this year, External Affairs Minister S Jaishankar said on Wednesday.

- PRESS TRUST OF INDIA

In the first detailed response to the US policy on tariff, Jaishankar said India is perhaps the only country to reach an understanding with Washington to seal a trade deal after Trump assumed the presidency for the second time.

The external affairs minister's comments came hours after Trump's sweeping tariffs against around five countries, including India, came into force triggering massive trade disruptions and fears of a global economic recession.