Brief by Shorts91 Newsdesk / 08:20am on 20 Sep 2025,Saturday India Global
Commerce and Industry Minister Piyush Goyal is set to visit Washington for high-level trade discussions, following recent talks between U.S. Chief Negotiator Brendan Lynch and Indian counterpart Rajesh Agrawal. The discussions aim to finalize a Bilateral Trade Agreement (BTA) by the fall of 2025, targeting over $500 billion in bilateral trade by 2030. The U.S. has imposed a 50% tariff on Indian goods, citing India's purchase of Russian crude oil, while India seeks exemptions for sensitive sectors like agriculture and dairy. The BTA negotiations are progressing positively, with both sides committed to a mutually beneficial outcome.
