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flag India and the U.S. are advancing talks for a trade deal targeting $500B in trade by 2030, despite tariff disputes.

flag India and the United States are making steady progress in negotiations for a bilateral trade agreement, with Commerce Minister Piyush Goyal stating talks are "going on very well" despite unresolved sensitive issues. flag Five rounds of discussions since March, including a recent virtual meeting on October 23, have brought both sides closer to finalizing the first phase by fall 2025. flag The agreement aims to boost bilateral trade from $191 billion to $500 billion by 2030. flag While U.S. tariffs on Indian goods—initially 25%, later raised to 50%—have complicated talks due to India’s continued oil imports from Russia, both nations remain committed to a mutually beneficial deal. flag High-level engagements and ongoing dialogue continue without new obstacles emerging.

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