India and US Near Preliminary Trade Deal Amid Ongoing Negotiations

India and the US are engaged in ongoing trade negotiations, with Commerce Secretary Rajesh Agrawal stating that a preliminary trade deal is very near, though no specific timeline has been set. Talks have included virtual meetings between Commerce Minister Piyush Goyal and US Trade Representative Jamieson Greer, focusing on tariff reductions affecting sectors like textiles and marine products. Despite high US tariffs, India's exports to the US have shown positive growth. Both sides remain committed to finalizing the agreement when mutually ready.