India and the United States are engaged in ongoing negotiations to reach a mutually beneficial trade agreement. These talks aim to resolve the escalating trade tensions introduced by former President Trump’s administration, which have triggered significant economic pressure on both countries. India is actively pursuing favorable terms with the U.S., aiming to prevent the imposition of proposed tariffs. Meanwhile, the U.S. seeks to narrow its $45 billion trade deficit with India through policies such as reduced tariffs and increased American exports. Failure to reach a mutually agreeable agreement could lead to further escalation of tariffs, potentially impacting economic relations globally. This dynamic underscores the significant impact these negotiations will have on both countries’ economic stability.