India eyes three-phase trade deal with US as Donald Trump’s reciprocal tariffs loom
Tuesday, 20 May 2025 () India and the US are engaged in trade deal negotiations, aiming to finalize an initial agreement before July, when US tariffs take effect. The proposed deal is structured in three phases, addressing industrial goods, agricultural products, and non-tariff barriers. Discussions are ongoing, with hopes for a broader agreement by autumn, potentially coinciding with a Quad summit visit.
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A US trade court has rebuked Donald Trump's reciprocal tariffs strategy, deeming his broad tariffs imposed under the International Emergency Economic Powers Act... IndiaTimes Also reported by •DNA
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