https://www.taxtmi.com/news?id=39917 India will negotiate a bilateral trade agreement with the United States through a cautious, phase-based process that seeks reciprocal tariff concessions while explicitly protecting sensitive domestic sectors, notably the dairy industry. The framework contemplates US demands for duty reductions in specified industrial and agricultural goods and India's pursuit of tariff cuts for labour-intensive exports such as textiles, with an initial phase targeted for conclusion by fall and broader objectives to expand two-way commerce. en-us Sat, 05 Apr 2025 22:31:03 +0530 Sat, 05 Apr 2025 22:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=39917 India will negotiate a bilateral trade agreement with the United States through a cautious, phase-based process that seeks reciprocal tariff concessions while explicitly protecting sensitive domestic sectors, notably the dairy industry. The framework contemplates US demands for duty reductions in specified industrial and agricultural goods and India's pursuit of tariff cuts for labour-intensive exports such as textiles, with an initial phase targeted for conclusion by fall and broader objectives to expand two-way commerce. News - Sat, 05 Apr 2025 22:31:03 +0530 https://www.taxtmi.com/news?id=39917