Overview

• Virtual trade negotiations between India and the US commenced this week, setting the stage for in-person talks in May.
• The discussions aim to finalize a bilateral trade agreement by September-October 2025, with potential earlier implementation of initial terms.
• The negotiations follow a 90-day pause on tariff impositions announced by President Trump after threats of reciprocal tariffs on Indian goods.
• Indian negotiators, led by Additional Secretary Rajesh Aggarwal, previously met with US counterparts from March 26 to 29 to establish terms of reference.
• Commerce Secretary Sunil Barthwal emphasized a trade liberalization strategy, projecting increased bilateral trade and economic opportunities.