Very good progress on US trade deal with India
Concluding an inclusive trade agreement aims mutual gain According to the media report & EBN, U.S. Vice President JD Vance hailed, very good progress; on the U.S.-India trade deal during his visit to India, confirming that both countries have finalized the terms of reference for the bilateral trade negotiations. This milestone sets a clear roadmap toward concluding a comprehensive trade agreement aimed at increasing market access, reducing tariffs and non-tariff barriers, and fostering long-term economic benefits for both nations. Vance emphasized the importance of enhanced collaboration in sectors such as defense, energy, and technology, urging India to increase purchases of U.S. defense equipment and energy products. He described Indian Prime Minister Narendra Modi as a tough negotiator- who drives a hard bargain but praised the constructive engagement between the two countries. The trade deal is expected to help mitigate the impact of tariffs, includ...