Brief by Shorts91 NewsDesk / 12:01pm on 28 May 2025,Wednesday Business
India and the U.S. are progressing towards finalizing an interim trade deal by June 25, 2025, aiming to resolve longstanding trade issues before potential new tariffs from U.S. President Donald Trump. The agreement seeks to enhance bilateral trade relations, focusing on reducing tariffs and non-tariff barriers, and improving market access. A U.S. delegation is scheduled to visit India in June for the final round of discussions. Both nations have committed to doubling their bilateral trade to $500 billion by 2030, emphasizing the importance of a mutually beneficial agreement to strengthen economic ties and supply chain integration. (PC: X)
