India & The US to Begin Three-Day Bilateral Trade Talks

Earlier this year, India and the USA signed a bilateral trade agreement, the fine print of which was to be finalised later. That ‘later on’ is now here. As leaders of both nations are scheduled to engage in three-day talks to negotiate the fine details, the finalisation of the India-US trade deal is looking quite possible at this point.

According to various sources, a delegation of about 12 officials is set to arrive in Washington, DC, to discuss the first phase of the bilateral trade agreement. The talks will be scheduled from 20 to 22 April and will be led by India’s top negotiator, Darpan Jain, additional secretary of the Department of Commerce, and will include officials from the Customs Department and the Ministry of External Affairs.

These talks were first scheduled to take place in February. However, they were postponed after theUS Supreme Court struck down the reciprocal tariffs imposed by the Trump administration, reducing them to 10%.

These negotiations will be one to watch as the previous Bilateral Trade Agreement was based on the reciprocal tariffs, and after the 10% tariffs were imposed across the trading partners, this agreement has turned somewhat sour for India and has diminished the advantages the Indian government had at the beginning. Now, a new deal is in order, given the current situation.

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The main motive of the trade agreement is to reduce the trade surplus India enjoys. As per the latest figures, India exported goods totalling $87.3 billion in FY2025, while its imports stood at around $52.9 billion, resulting in a surplus of $34.4 billion. This is less than the previous year’s $40.89 billion, but still a lot.

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