What are Donald Trump’s ‘Liberation Day’ tariffs and what will be their impact on India? All you need to know
- In March 2025, U.S. And Indian officials met in New Delhi to discuss trade issues and a bilateral trade agreement.
- These talks occurred because the U.S. Sought greater market access in India and reduction of trade barriers.
- Negotiations from March 26-29 involved tariff reductions and easing non-tariff barriers, led by Brendan Lynch and Indian commerce officials.
- Trump, who called India a 'tariff king,' stated tariff talks would 'work out very well'.
- Both countries aim to finalize a trade deal by autumn 2025 and target $500 billion in bilateral trade by 2030.
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India-US trade deal: First tranche by Fall, but no relief yet on reciprocal tariffs
In a statement after the talks, India’s Commerce and Industry Ministry said the talks ended with a “broad understanding” of the next steps towards a bilateral trade agreement both countries aim to sign by Fall.
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Leaning Left6Leaning Right4Center4Last UpdatedBias Distribution43% Left
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L 43%
C 29%
R 29%
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