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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