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    <title>Engagement ongoing with US on mutually beneficial bilateral trade agreement: Govt to Parliament</title>
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    <description>India and the US are negotiating a multi-sector Bilateral Trade Agreement while India monitors US trade measures, including sector-specific tariffs and additional duties imposed under the International Emergency Economic Powers Act (IEEPA), which affect a substantial share of 2024 merchandise exports. The government is consulting exporters and remains engaged on trade mitigation and negotiations. Separately, US changes to H-1B visa fees and a proposed weighted selection favoring higher skilled and paid applicants are noted; their impact is currently hypothetical, and India underscores the role of skilled talent mobility and ongoing engagement with US authorities.</description>
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