India, US Begin 3-Day Trade Talks Dec 10; Tariffs, Pact Eyed

• India and the US will hold three-day trade talks starting December 10 to finalize the first phase of a bilateral trade agreement.
• The US delegation, led by Deputy USTR Rick Switzer, is making its second visit since tariffs were imposed on Indian goods.
• India aims to secure a framework trade deal this year to address tariffs impacting its exporters.
• Two parallel negotiations are underway: one for a framework deal on tariffs and another for a comprehensive trade agreement.
• The agreement seeks to more than double bilateral trade to $500 billion by 2030; Indian exports to the US have declined due to tariffs.

Why It Matters: Talks could ease tariffs, boosting India-US trade and benefiting exporters.