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    <title>&#039;An important and positive first step&#039;, USISPF on US-India agreement</title>
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    <description>A political commitment initiates negotiation of a Bilateral Trade Agreement (BTA) between the United States and India, beginning with a reciprocal tariff reduction on Indian goods from 25% to 18%. The announcement frames this as an initial step toward phased negotiations to address tariffs, market access, non-tariff barriers, and other trade-related issues across sectors, with objectives to strengthen supply chains, economic resilience, and pursue a bilateral trade and investment target of USD 500 billion.</description>
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