NEW DELHI, April 11 -- India is looking at a sprint in its trade negotiations with the US over the next 90 days and is targeting tangible outcomes that could stave off the additional reciprocal tariffs put on hold by Washington late on Wednesday, people aware of the matter said.
If the negotiating teams achieve concrete milestones within this timeframe and prepare a draft bilateral trade agreement (BTA) ready for formal approval, the US could abandon reinstating the additional reciprocal tariff for India after the 90-day period, said two officials with direct knowledge of the matter.
"Both teams are working overtime to showcase one of the first major bilateral deals of Trump's second term," one of the officials said.
The trigger for th...
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