The US-India Strategic Partnership Forum (USISPF) on Monday enthusiastically welcomes US President Donald Trump’s announcement following his conversation with Prime Minister Narendra Modi, which reaffirms their shared commitment to deepen the USIndia economic partnership and advance a bilateral trade agreement.
India and the US agreed on a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from the current 25 per cent, US President Donald Trump announced on Monday in a Truth Social post.
USISPF said that the reduction of India’s reciprocal tariff marks “an important and positive first step.”
“While the agreement’s specifics are pending, today’s announcement signals strong political will on both sides to move toward a comprehensive USIndia Bilateral Trade Agreement (BTA) that addresses tariffs, market access, non-tariff barriers, and other trade-related issues across a wide range of sectors,” it said.
A BTA between the two nations​The US-India Strategic Partnership Forum (USISPF) on Monday enthusiastically welcomes US President Donald Trump’s announcement following his conversation with Prime Minister Narendra Modi, which reaffirms their shared commitment to deepen the USIndia economic partnership and advance a bilateral trade agreement.
India and the US agreed on a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from the current 25 per cent, US President Donald Trump announced on Monday in a Truth Social post.
USISPF said that the reduction of India’s reciprocal tariff marks “an important and positive first step.”
“While the agreement’s specifics are pending, today’s announcement signals strong political will on both sides to move toward a comprehensive USIndia Bilateral Trade Agreement (BTA) that addresses tariffs, market access, non-tariff barriers, and other trade-related issues across a wide range of sectors,” it said.
A BTA between the two nations ​Latest News [ SOBAN NEWS: International and National ]
