US EditionIndia, U.S. Teams Conclude Fifth Round of Talks for Proposed Trade Pact: Official
INDIA, JUL 18 – India's exports to the US grew 22.8% to $25.51 billion in Q1 as negotiators aim to finalize a tariff-reduction deal before the August 1 deadline, avoiding steep Trump-era tariffs.
- On July 19, PTI reported a spike in trade volumes, with India’s exports to the US rising 22.8% to USD 25.51 billion in April-June, and imports increasing 11.68%.
- Amid high-stakes trade talks, negotiations in Washington, D.C., aim to finalize an interim trade pact before August 1 to avoid reimplementation of reciprocal tariffs.
- With duties at the center of discussions, US negotiators seek duty concessions on industrial goods, electric vehicles, wines, and agri products, while India’s trade team pushes for tariff relief on steel, aluminium, and auto components.
- Meanwhile, many businesses have delayed shipments, awaiting clarity on tariff outcomes, reflecting cautious optimism amidst ongoing trade negotiations.
- Late July may bring a narrower agreement, the coming weeks promise decisive answers for global trade and diplomacy.
15 Articles
15 Articles
If a mini deal is struck, trade deals will be made on all sectors except dairy, agriculture and auto sectors. On the other hand, if an agreement is reached on bilateral trade, it will be interesting to see on which things America and India agree.
India, US Conclude 5th Round of Trade Talks Ahead of Tariff Deadline l Economy India
Focus on tariff concessions, non-market economies, and strategic commodities New Delhi/Washington (economy India): India and the United States have concluded the fifth round of negotiations on the proposed Bilateral Trade Agreement (BTA), held from July 14 to 17 in Washington, D.C., a senior Indian official confirmed on Thursday. The discussions covered a wide range of topics, including tariff concessions on agriculture and vehicles, as well as …
India, US teams conclude fifth round of talks on proposed trade pact: Official
New Delhi: India and the US teams have concluded the fifth round of talks for the proposed bilateral trade agreement (BTA) in Washington on July 17, an official said. The negotiations were held for four days (July 14-17) in Washington. "The Indian team is coming back," the official said. India's chief negotiator and special secretary in the Department of Commerce Rajesh Agrawal led the team for negotiations. These deliberations are important as …
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