<h1>India and US resume talks to double bilateral trade to $500B by 2030; aim first tranche by fall 2025</h1> An Indian delegation returned from the US after multi-level negotiations with US counterparts on a proposed bilateral trade agreement intended to more than double bilateral trade to USD 500 billion by 2030; the talks follow several prior rounds and aim to conclude a first tranche by fall 2025. Discussions covered trade and non-trade issues amid recent US measures including a 25% tariff plus an additional 25% penalty on certain Indian imports and a sharp increase in H-1B application fees, measures that industry groups warn could disrupt Indian tech services and onshore project continuity.