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of <h1>US-India Trade Deal Seeks Market Expansion, Tariff Reduction, and Economic Opportunities for Workers and Entrepreneurs</h1> A proposed trade pact between the United States and India aims to open new markets and create opportunities for workers and entrepreneurs. The US Trade Representative highlighted significant trade imbalances, with the US experiencing a $45.7 billion goods trade deficit in 2024. Both countries are working to finalize the first phase of the Bilateral Trade Agreement by fall, focusing on reducing tariffs, addressing trade barriers, and achieving reciprocal trade relations.
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