India US trade deal

India-US Set to Conclude First Phase of Trade Deal by Mid-July, Says Piyush Goyal

India-US Set to Conclude First Phase of Trade Deal by Mid-July, Says Piyush Goyal

New Delhi (Gurpreet Singh): India and the United States are on track to finalize the first tranche of a bilateral trade agreement by the middle of next month, Commerce and Industry Minister Piyush Goyal announced on Friday. The announcement signals substantial progress in high-level negotiations aimed at deepening economic integration between the two global partners. Minister Goyal shared details of intense diplomatic activity in New Delhi, noting that a comprehensive delegation of American trade officials engaged in deep discussions with their Indian counterparts from June 2 to 4. He confirmed that the two sides are rapidly moving toward closing all…
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US Says India to Cut Tariffs to Zero on Majority of American Goods Under Trade Deal

US Says India to Cut Tariffs to Zero on Majority of American Goods Under Trade Deal

Washington/New Delhi (Rajeev Sharma): The United States has announced that India will eliminate tariffs on a wide range of American industrial and agricultural products under the trade agreement unveiled by President Donald Trump, describing it as a significant gain for US exporters while noting that some sensitive sectors in India will remain protected. United States Trade Representative Jamieson Greer said the agreement would substantially open India’s market to US goods and called it a major victory for the American economy. Speaking to CNBC on Tuesday, Greer said the paperwork for the deal was being finalised, but the core terms had…
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