Back to today’s briefing

Story perspectives

India, US Pursue Key Trade Deal by July

5/22/2025

50 11

Summary

Story summary

India's Commerce Minister Piyush Goyal is in talks with the US for a pivotal three-stage trade deal, hoping to secure an interim agreement by July. With the US pushing for concessions in industrial goods and India focusing on labor-intensive sectors, both nations aim to enhance their $131.84 billion bilateral trade.

1 of 1

Story summary

India's Commerce Minister Piyush Goyal is in talks with the US for a pivotal three-stage trade deal, hoping to secure an interim agreement by July. With the US pushing for concessions in industrial goods and India focusing on labor-intensive sectors, both nations aim to enhance their $131.84 billion bilateral trade.