
CosmicTaco
India and US Aim for Three-Phase Trade Deal
- India and the US are negotiating a trade deal divided into three phases, with Commerce Minister Piyush Goyal visiting Washington for talks.
- The first phase aims to grant market access to industrial goods and certain agricultural products, also addressing non-tariff issues.
- The second, more comprehensive phase, is expected later this year, potentially aligning with President Trump's visit for the Quad summit.
- The final phase is anticipated next year, pending US Congressional approval, to seal the comprehensive trade agreement.
- Uncertainty remains over the US administration's stance on this phased approach, as reciprocal tariffs loom.
Source: Times of India
27d ago
Talking product sense with Ridhi
9 min AI interview5 questions

You're early. There are no comments yet.
Be the first to comment.
Discover more
Curated from across