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India, US finalise terms of reference for first phase of trade deal, Indian official says
Reuters ^ | 04/11/2025 | By Shivangi Acharya and Manoj Kumar

Posted on 04/12/2025 12:42:19 PM PDT by ChicagoConservative27

NEW DELHI, April 11 (Reuters) - India and the U.S. have finalised terms of reference for talks over the first part of a bilateral trade deal, an Indian trade official said on Friday, adding it was possible that a "win-win" deal could take shape in the next 90 days. U.S. President Donald Trump on Wednesday announced a 90-day pause on most tariff hikes for major trading partners including India, while raising levies on China, providing temporary relief for Indian exporters.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; Government
KEYWORDS: deal; finalize; first; india; indian; phase; reference; terms; trade; us
Good news
1 posted on 04/12/2025 12:42:19 PM PDT by ChicagoConservative27
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To: ChicagoConservative27

Agreeing to terms of reference needs to be announced?


2 posted on 04/12/2025 12:43:04 PM PDT by 9YearLurker (\)
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To: ChicagoConservative27

we need a new China. They’ll do. Good IQ’s.


3 posted on 04/12/2025 1:17:21 PM PDT by Strict9
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To: 9YearLurker

Public perception will be trade agreement between India and US—that’s why the announcement on the shape of the table


4 posted on 04/12/2025 1:18:18 PM PDT by abigkahuna
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To: abigkahuna

This puts pressure on China after all of the other countries have come to the table. China needs us as much as we need them.


5 posted on 04/12/2025 1:19:58 PM PDT by BipolarBob (Never attribute malice to that which can be explained by incompetence.)
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To: abigkahuna

Any public aware enough to care already understand the positive motivation here on both sides.


6 posted on 04/12/2025 1:23:04 PM PDT by 9YearLurker (\)
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To: 9YearLurker

What, you don’t care to know?


7 posted on 04/12/2025 1:43:29 PM PDT by traderrob6
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To: traderrob6

Not really.


8 posted on 04/12/2025 1:50:17 PM PDT by 9YearLurker (\)
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To: ChicagoConservative27

Good job. my $22 sports shoes will be cheaply fulfilled on Amazon from India/Bangladesh, good cheap labor.

Screw U .S. manufacturing, you guys waaaay too expensive!


9 posted on 04/12/2025 6:54:56 PM PDT by baclava
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