India-US Trade Talks See Potential Reset
India’s chief trade negotiator is likely to travel to the United States next week to resume trade deal discussions. This comes as relations between the two countries show signs of easing after recent tensions.
Modi-Trump Call Expected
A phone call between Prime Minister Narendra Modi and U.S. President Donald Trump is expected soon. The call is seen as part of diplomatic efforts to soften the strains in trade relations.
Progress And Timeframe
Commerce Minister Piyush Goyal said that the first tranche of a possible trade agreement is expected to be finalised by November 2025. Discussions between trade teams have been ongoing and are said to be proceeding in a favourable environment.
Context Of Tensions
The move comes after the U.S. imposed steep tariffs on Indian goods and criticism over trade imbalances. These decisions strained bilateral talks, but both sides now seem ready to explore a deal to ease trade frictions.
