https://www.taxtmi.com/news?id=61222 The United States and India are negotiating a bilateral first-phase trade agreement after five rounds, aiming for a fair trade deal that would modify existing high tariffs. US statements tie prospective tariff reductions to India's reduced procurement of Russian oil, indicating tariff relief will be conditioned on energy-sourcing changes and finalized contractual language across negotiation rounds. en-us Tue, 11 Nov 2025 08:46:02 +0530 Tue, 11 Nov 2025 08:46:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=61222 The United States and India are negotiating a bilateral first-phase trade agreement after five rounds, aiming for a fair trade deal that would modify existing high tariffs. US statements tie prospective tariff reductions to India's reduced procurement of Russian oil, indicating tariff relief will be conditioned on energy-sourcing changes and finalized contractual language across negotiation rounds. News - Tue, 11 Nov 2025 08:46:02 +0530 https://www.taxtmi.com/news?id=61222