🇮🇳🤝🇺🇸 Modi-Trump Trade Deal Gains Momentum Amid Tariff Talks 🚢💼
A significant step forward! India and the US are edging closer to sealing a much-anticipated interim trade agreement, as negotiators meet behind closed doors in New Delhi. 🏛️🔐
📈 $500 Billion Vision by 2030
The deal, expected by late June, aims to unlock pathways to grow annual trade to $500 billion by the end of the decade. Both sides are moving swiftly, with President Trump racing against the clock — his 90-day tariff suspension ends soon. ⏳🇺🇸
🌾 Sticking Points & Compromises
India has held firm on protecting its agricultural markets, declining US demands for access to wheat, corn, and dairy. 🐄🌽
However, New Delhi has offered tariff relief on premium US almonds, pistachios, and walnuts, giving a nod to American nut producers. 🌰🇺🇸
🔧 Steel Talks Hit a Wall
India’s request for steel tariff exemptions didn’t find favor in Washington — a key point of contention that may resurface in the second phase of the agreement planned for fall 2025. ⚙️🛑
🕊️ The Path Ahead
While the current negotiations are focused on low-hanging fruits, deeper structural issues — like digital trade, IP rights, and services — will be tackled later this year. Both nations see this first-phase pact as a stepping stone to broader economic cooperation. 🌐📊
🌍 A Deal with Global Impact
With the world watching, this evolving Modi-Trump pact could reshape Indo-US trade dynamics and open new doors for industries on both sides. Stay tuned — the finish line is near! 🏁📜✨
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