Overview

• India and the US have initiated virtual negotiations on sector-specific issues as part of their efforts to secure a Bilateral Trade Agreement (BTA).
• Physical meetings between negotiators are scheduled for May, with the goal of advancing toward a provisional agreement by Fall 2025 or earlier.
• India has proposed significant tariff cuts on more than half of its $23 billion US imports, signaling a major policy shift toward trade liberalization.
• US President Donald Trump has implemented a 90-day pause on reciprocal tariffs, creating a favorable window for smoother negotiations.
• The trade pact aims to boost bilateral trade to $500 billion by 2030, reflecting broader economic and geopolitical realignments.