India is racing to end a temporary trade deal with the United States before July, with the aim of reducing President Donald Trump’s imminent mutual tariff, according to officials mentioned in the Bloomberg report.
The proposed agreement was organized in three segments, where the first stage may include access to the markets of American industrial goods, chosen agricultural products, and reduce some non -fire barriers such as quality control standards, according to the report.
The report said that the Minister of Commerce, Joach Joyal, is in Washington for a four -day visit, where he is expected to meet with American commercial actor Jameson Jarir and Trade Minister Howard Lootnick to double negotiations forward.
The Indian ministries of trade and foreign affairs did not comment, nor have US officials.
According to officials adapted in the report, the second stage of the deal can be completed between September and November, and may be in line with Trump’s expected visit to India to the summit of quadruple leaders. This stage may cover the 19 main areas agreed upon in the terms of reference to April. A comprehensive agreement for the third stage, which requires the approval of the US Congress in 2026.
Labor discussions were launched for the first time after Prime Minister Narendra Modi’s visit to the White House. Both leaders have to secure victories in the early stage before the fall. However, signs of stress appeared.
Bloomberg indicated that India has tightened its negotiating position, in order to threaten the revenge definitions. Meanwhile, Trump has publicly claimed that India has offered the elimination of definitions on American goods – not supported by Indian officials.
Tensions escalated more after Trump suggested that his commercial influence had an effective role in negotiating the ceasefire between India and Pakistan after a four-day military confrontation-a confirmation that New Delhi denies firmly.
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