New Delhi: The reciprocal tariffs imposed by the United States on India earlier this year are a “key area” likely to be addressed in the first package of the bilateral trade deal under negotiation between the two countries. Currently, negotiations are near the end, with India waiting for the US to respond to its new trade proposal.
“Reciprocal tariffs are a key area likely to be addressed in the first tranche of the trade deal with the US. Both tariffs on trade and oil will likely be addressed in the first tranche of the bilateral trade agreement. I cannot put a deadline on the deal, but we are close to the last negotiations,” a commerce ministry official said Monday.
India and the US launched negotiations for a bilateral trade agreement (BTA) in March 2025. This was weeks before Americ

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