Goyal: India-US Trade Talks Progressing Well, No Deadline Pressure

• Union Commerce Minister Piyush Goyal stated that India-US trade talks are "progressing well" towards a bilateral trade agreement.
• Goyal emphasized that India does not negotiate deals based on deadlines, focusing on long-term economic interests.
• A US trade delegation, led by newly appointed Deputy Ambassador for Trade Rick Switzer, is currently in India for discussions.
• India seeks relief from US tariffs imposed by former President Trump, which complicated the path to a Bilateral Trade Agreement.
• The two sides are exchanging views on India-US trade and economic ties, including ongoing negotiations for a mutually beneficial agreement.

Why It Matters: India-US trade talks advance, crucial for future economic ties and tariff resolution.