US and India Gear Up for Crucial Trade Talks
The US team is set to visit India on August 25 for a sixth round of negotiations aimed at finalizing a bilateral trade agreement. The discussions seek to address tariffs on various goods, including agriculture, dairy, steel, and automobiles. Both countries aim for an interim pact before August 1.
- Country:
- India
The United States is preparing to dispatch a team to India on August 25 for the sixth round of discussions concerning a proposed bilateral trade agreement between the two nations, as reported by an official on Tuesday.
The official indicated that ongoing work is focused on securing an interim trade deal amidst the looming August 1 deadline, which marks the cessation of tariff suspensions imposed by former US President Donald Trump.
The negotiations, involving key figures like India's Rajesh Agrawal and the US's Brendan Lynch, center on reducing tariffs across sectors such as agriculture, dairy, steel, and autos, with aspirations to finalize the trade talks by September-October this year.
(With inputs from agencies.)
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