PolicyCNBC-TV18
US promises India better tariff terms in trade deal
Positive+66
GreyOak summary
US government sources state India will receive tariff advantages under a proposed bilateral trade agreement. Commerce Minister Piyush Goyal confirmed favorable market-access terms and a target of $500 billion in bilateral trade. Negotiations for the first tranche are nearing completion by the end of the current financial year.
What it affects
- Trade and current accountPositive +66
Bilateral trade target set at $500 billionRolling sentiment Positive +30
