Brief by Shorts91NewsDesk / 03:25am on 09 Mar 2025,Sunday Business
India and the United States are actively negotiating a bilateral trade agreement, focusing on tariff reductions and market access. U.S. President Donald Trump recently stated that India has agreed to "cut their tariffs way down," criticizing the country's previous "massive" and "restrictive" tariffs that hindered American businesses. In response, Indian officials have acknowledged the ongoing discussions but emphasized that it is "premature" to disclose specific details, citing the need to balance mutual interests and sensitivities. Both nations aim to enhance economic ties through these negotiations, seeking a comprehensive trade pact that addresses various sectors and promotes mutual growth.
