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India finalise terms of reference for first phase of trade deal with US : Indian official

April 14, 2025
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India finalise terms of reference for first phase of trade deal with US : Indian official

NEW DELHI : India and the US have finalised terms of reference for talks over the first part of a bilateral trade deal, an Indian trade official said on Friday, adding it was possible that a “win-win” deal could take shape in the next 90 days.

US President Donald Trump recently announced a 90-day pause on most tariff hikes for major trading partners, including India, while raising levies on China, providing temporary relief for Indian exporters.

India and the US agreed in February . . .

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