India-US Trade Talks Progressing towards $500 Billion Agreement

India and the US are making significant progress in their trade negotiations, aiming to finalize an initial agreement by 2025 and double bilateral trade to over USD 500 billion by 2030. Commerce Minister Piyush Goyal emphasized the ongoing dialogue with various industry stakeholders, ensuring that the agreement will protect India's interests while benefiting both nations. Despite looming concerns over potential reciprocal tariffs set by the US, Goyal expressed confidence in India's economic trajectory under Prime Minister Modi. He reassured that any trade turbulence would be manageable, likening the situation to a flight under a skilled pilot. The discussions are ongoing as a US delegation visits India to further these negotiations. Both countries are committed to enhancing their economic relationship amid the current global trade climate.