Speaking at a media conclave in New Delhi, Goyal addressed the lingering obstacles preventing a finalized pact. The minister suggested that the current duty structure creates a challenging environment for local exporters looking to expand their footprint in the American market. While officials remain engaged in discussions, the disparity in tariff treatment continues to dictate the pace of the bilateral negotiations.
India eyes preferential US trade terms despite tariff friction
India is pushing for preferential market access in an upcoming trade agreement with the United States, though negotiations remain stalled. Trade Minister Piyush Goyal confirmed on Monday that the progress of the deal has slowed, citing a significant 50% tariff currently imposed on Indian goods as the primary point of contention.





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