US-India trading transaction very soon! But what did the US Minister of Finance say

India openly raises heavy taxes, it is very easy to handle it, why the US was last updated: April 30, 2025, 00:00, the US and US trade agreement is in the right direction. In April, talks at Washington DC took place. India emphasizes textile and pharmaceutical, while the US wants less import duty on agricultural products. The US Minister of Finance … Read more between India and US representatives in connection with the trade transaction from April 23 to 25. (Reuters) emphasizes the trade agreement between India and the US in the right direction. India emphasizes textile and pharmaceutical. The US wants less import tax on agricultural products. New -delhi. The discussions between India and the US on the trade transaction are on track. It is possible that a business agreement between the two countries will soon be seen in which the interests of the two countries have disappeared. The Ministry of Trade of India and the US Office for Trade Representatives held at the US capital Washington DC from April 23 to 25. A statement was issued by India on this. The statement said: “Both parties discussed many issues during this time, including rates and other businesses related to business.” Both parties discussed how to comply with the first part of the mutual trade agreement by 2025 this year, except the representatives of the two countries who agreed to take place in May. Although it is easy to jeopardize India, US Minister of Finance Scott Besant, said: “We are very close to the agreement with India. It’s a little nice, but an agreement with India is easier than dealing with the rest of the countries.” “They have put many rates on us. And in such a situation, it’s easy to jeopardize by resisting such direct rates instead of hidden rates imposed on us for years, which are very difficult to find out. I think our conversation with India is going in the right direction.” According to a report from India’s Focus Mint on Textile and Pharma, the team led by main negotiator Rajesh Aggarwal, India, especially emphasized to ensure better access to the US market for textile and pharmaceutical products. At the same time, the US wants India to reduce the import tax on agricultural products and relax the rules associated with quality and certification. Preparing to compete with trade protectionism is one of the most important importance of this agreement that it will not only strengthen the trade relations between the two democratic countries, but will also indicate a strong partnership between the environment of growing trading protectionism worldwide. US Minister of Finance Scott Besant, also recently said that the trade agreement with India could be finalized soon. Trading figures show rising partnerships, according to the data of the Ministry of Trade, the bilateral trade of goods between Indo-us in 2024-25 increased by 10.13% to $ 131.84 billion. India’s exports in it amounted to $ 86.51 billion, while imports amounted to $ 45.33 billion. If this proposed agreement is completed at the scheduled time, it could become the largest trade agreement between India and the US in a decade. At the same time, this will also be the basis of future partnerships with developed countries for India. Location: New Delhi, Delhi First published: April 30, 2025, 00:00 IST Homebusiness US India Trade Deal! But what did the US Minister of Finance say