Negotiations regarding the bilateral trade agreement between India and the US have stalled, reaching a plateau. Finance Minister Nirmala Sitharaman stated that both sides face difficulties in making further concessions. The US aims to reduce its trade imbalance with India, while recent laws have complicated matters. Discussions included tariffs impacting agricultural imports and energy purchases from the US. Negotiations regarding the bilateral trade agreement between India and the US have stalled, reaching a plateau. Finance Minister Nirmala Sitharaman stated that both sides face difficulties in making further concessions. The US aims to reduce its trade imbalance with India, while recent laws have complicated matters. Discussions included tariffs impacting agricultural imports and energy purchases from the US.
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India-US trade talks have reached plateau: Finance minister Nirmala Sitharaman
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