Brief by Shorts91NewsDesk / 02:01pm on 21 Apr 2025,Monday India Global
India aims to finalize the first phase of a bilateral trade agreement with the U.S. by September–October 2025, Finance Minister Nirmala Sitharaman announced during her U.S. visit. This initiative follows President Donald Trump's April 2 imposition of reciprocal tariffs, with a 90-day suspension granted on April 9, excluding China and Hong Kong. Sitharaman emphasized the importance of this agreement beyond tariff issues, highlighting the U.S. as one of India's largest trading partners. High-level engagements are underway, including meetings with the U.S. Treasury Secretary and the U.S. Trade Representative's office. Simultaneously, U.S. Vice President JD Vance is visiting India to discuss bilateral relations with Prime Minister Narendra Modi. (PC: LinkedIn)
