India, US Expedite Trade Deal Amid Tariff Changes

India is accelerating its trade negotiations with the United States following President Trump's temporary pause on reciprocal tariffs, which has raised optimism among Indian exporters, particularly in seafood. Both nations aim to finalize a first-phase trade agreement by Autumn 2025, targeting an ambitious bilateral trade goal of $500 billion by 2030. India's trade ministry is leading discussions, while officials emphasize the need to counteract trade disruptions caused by China's practices. The recent tariff pause is viewed as a critical opportunity for India to boost its exports and navigate the complex global trade landscape. Meanwhile, India's External Affairs Minister highlighted the strategic importance of the U.S. partnership amidst ongoing trade tensions globally. Overall, the developments signal a pivotal moment for India as it seeks to strengthen economic ties with the U.S.