India prepares data to address US tariff plan and boost trade talks
India is preparing to counter US President Donald Trump's plan for reciprocal tariffs by presenting data showing that most US imports into India have low duties. A detailed list of products and their tariffs is being compiled for upcoming trade talks. During a recent meeting, India and the US agreed to aim for $500 billion in bilateral trade by 2030. They plan to negotiate a multi-sector trade agreement by fall 2025, while also addressing tariff disparities highlighted by the US. India has already reduced tariffs on several American products, including motorcycles and electronics, in its latest budget. This move is seen as an effort to strengthen trade ties with the US amid ongoing tariff discussions.