India and U.S. Negotiate Trade Deal to Avoid Tariffs

Facing escalating trade tensions, India and the U.S. are actively negotiating a new trade agreement aimed at avoiding potentially harmful tariffs. Key figures leading these discussions include Piyush Goyal from India’s Commerce Ministry and Jamieson Greer representing the U.S. Trade Representative. This agreement aims to address the current 26% tariff imposed by the U.S. on Indian exports, which has raised concerns about its impact on bilateral economic relations and trade dynamics.