India Crafts Strategic Demands for US Trade Deal Amid Trump's Tariff Threats

India is actively formulating its own set of demands for a bilateral trade agreement with the United States, as President Trump's recent announcement of reciprocal tariffs looms large. Commerce Minister Piyush Goyal emphasized that the proposed deal aims to leverage competitive strengths and boost business confidence in both nations. Key focus areas include reducing import duties, removing non-tariff barriers, and increasing trade in oil, gas, and defense equipment. This proactive approach seeks to mitigate potential impacts of Trump's tariff policy while working towards the ambitious "Mission 500" goal of doubling bilateral trade to $500 billion by 2030.
Source: The Economic Times