Framework Trade Deal
India and US to Begin Critical Three-Day Trade Talks on December 10 Amid Tariff Tensions
Dec 06, 2025 08:24 pm CST
India and the United States will commence three-day negotiations in New Delhi from December 10-12 on their proposed bilateral trade agreement, led by Deputy USTR Rick Switzer. These talks aim to address the 25% tariff plus 25% penalty currently affecting Indian exports and are part of efforts to reach a framework deal this year, with the ultimate goal of doubling bilateral trade to $500 billion by 2030.
India-US Bilateral Trade Agreement Expected to Finalize First Phase by End of 2025
Nov 28, 2025 09:58 pm CST
Commerce Secretary Rajesh Agarwal expressed optimism that India and the United States will complete the first portion of their bilateral trade agreement within this calendar year, despite recent tariff challenges. The negotiations are proceeding on dual tracks: a comprehensive Bilateral Trade Agreement and a Framework Trade Deal to address immediate tariff issues, with the ultimate goal of increasing bilateral trade from $191 billion to $500 billion by 2030.