CNN Central News & Network–ITDC India Epress/ITDC News Bhopal: India has received a crucial 90-day extension on the imposition of reciprocal tariffs in its trade negotiations with the United States. This development comes amid ongoing discussions between both nations to finalize a mutually beneficial trade agreement. Commerce and Industry Minister Piyush Goyal emphasized that the government is working toward a deal that maintains the “right mix and right balance” to protect domestic interests while expanding global trade opportunities.
Speaking at a recent trade forum, Goyal reassured Indian exporters that the proposed trade pact would not compromise India’s core sectors. Instead, it aims to create smoother access for Indian goods and services in the U.S. market. The Minister highlighted that India is focused on negotiating terms that benefit small businesses and critical manufacturing segments.
This temporary relief provides breathing space for exporters who were concerned about looming retaliatory tariffs, especially on products like steel, aluminum, and agricultural goods. The 90-day window is being viewed as a critical opportunity to resolve outstanding issues through diplomacy and collaboration.
Trade analysts believe that this extension signals positive momentum in India-U.S. trade relations and could lead to the long-awaited mini trade deal, boosting investor confidence and bilateral economic ties.
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