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US-India Trade Talks Intensify as Tariff Deadline Nears

With President Trump's April 2 tariff deadline looming, US and Indian officials are meeting to finalize a trade framework addressing tariffs, market access, and supply chain integration.

  • Assistant US Trade Representative Brendan Lynch has arrived in India for five days of bilateral trade discussions from March 25-29.
  • The talks aim to finalize a framework for a bilateral trade agreement, focusing on reducing tariffs, addressing market access, and enhancing supply chain integration.
  • President Trump has threatened to impose reciprocal tariffs on India starting April 2, raising concerns about potential trade tensions.
  • India has proposed removing the 6% equalisation levy on online advertising as a concession to address US concerns.
  • Both nations are working toward a long-term goal of doubling bilateral trade to $500 billion by 2030, with an emphasis on energy, defense, and technology sectors.
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