India-US Trade Negotiations Advance

Published on 4.26.25

  The ongoing trade negotiations between India and the United States have made significant progress, with the two countries finalizing the terms of reference for their trade negotiation. This development is expected to further discussions on a potential trade deal between them. Indian Finance Minister Nirmala Sitharaman's visit to the US for the IMF and World Bank meetings, as well as the G20 finance ministers' meeting, is seen as an opportunity to advance these negotiations. The two countries have set a roadmap toward a final deal, with Indian Finance Minister Nirmala Sitharaman expressing optimism about concluding the first part of a trade pact by autumn. The visit comes ahead of a 90-day tariff pause announced by US President Donald Trump in April 2025. This development is significant as it underscores the need for countries to reassess their trade policies, particularly with regards to India-US trade relations.

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