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US and India are negotiating a trade agreement to lower tariffs and boost bilateral trade by fall 2025.
India and the US are negotiating a Bilateral Trade Agreement (BTA) to enhance trade and reduce barriers between the two nations.
The talks aim to expand market access and lower tariffs, with the US being India's largest trading partner.
India's average tariff is about 17%, compared to 3.3% in the US.
The first phase of the BTA is expected by Fall 2025, and India seeks to avoid US reciprocal tariffs until then.
The agreement could significantly boost trade and cooperation between the two countries.
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EE.UU. e India están negociando un acuerdo comercial para bajar los aranceles e impulsar el comercio bilateral para el otoño de 2025.