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  • 9 months ago
The Indian government expects any potential deal with the United States will make trade “easier and smoother,” following US administration’s decision to pause reciprocal tariff hikes on imports into its country.

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00:01The Indian government expects any potential deal with the United States will make trade easier and smoother,
00:07following U.S. administration's decision to pause reciprocal tariff hikes on imports into its country.
00:13India's Trade Minister, Piyush Goyal, on Thursday, said both nations had agreed in February to work on the first phase of a trade deal,
00:22with a goal to finalize it by autumn this year.
00:25India's Trade Minister, Piyush Goyal, on Thursday, said both nations had agreed in February.
00:32The President of the United States and the United States have agreed to make a bilateral trade agreement
00:46so that we will make a decision that the United States and the United States will also make a deal of $500 billion,
00:56which will also make a deal of $500 billion.
01:00On Wednesday, the U.S. administration announced the pause on tariff hikes on most countries,
01:05except for China for 90 days to allow more time for countries to go on the negotiating table on the tariffs.
01:12The 10 percent reciprocal tariff imposed by the U.S. on imports from India will remain in place during the 90-day pause.
01:20So, 67 percent, I think you can, for the most part, see it.
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