India-US Trade Deal Talks May Conclude This Year: Economic Survey

• The Economic Survey 2025-26 indicates that trade negotiations between India and the US are expected to conclude this year.
• A successful trade deal could help reduce external uncertainties for India, despite global conditions posing challenges.
• Slower growth in key trading partners, tariffs, and capital flow volatility could impact India's exports and investor sentiment.
• India and the US have been negotiating a bilateral trade agreement since March last year, with six rounds completed.
• US officials, including Deputy US Trade Representative Ambassador Rick Switzer, visited India in December 2025 for talks amidst existing tariffs on Indian goods.

Why It Matters: India-US trade deal talks are anticipated to conclude this year, potentially easing external economic uncertainties.