India and US advance toward interim trade deal after four-day talks, say sourcesUS President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference at the White House in Washington, DC, US, February 13, 2025. The US delegation, led by senior officials from the Office of the USTrade Representative, held closed-door negotiations with Indian trade ministry officials headed by chief negotiator Rajesh Agrawal. US President Donald Trump and Indian Prime Minister Narendra Modi had agreed in February to conclude a bilateral trade agreement by fall 2025 and to more than double bilateral trade to $500 billion by 2030. Commerce Minister Piyush Goyal, currently in Switzerland for talks with European trade partners, said India is prepared to proceed with the deal by first addressing simpler issues. However, the US side opposed this, noting that even Britain was subject to this under its recent bilateral trade agreement.
