New Delhi, March 11 -- India and the US plan to negotiate a mutually beneficial multi-sector Bilateral Trade Agreement (BTA) aimed at increasing market access, reducing tariff and non-tariff barriers, and enhancing supply chain integration, minister of state for commerce Jitin Prasada told the Lok Sabha on Tuesday.

The initiative is part of efforts to strengthen economic ties amid concerns over potential US reciprocal tariffs that could impact Indian exports.

In response to a question by All India Trinamool Congress member Sayani Ghosh regarding the impact of reciprocal tariffs, Prasada informed the Lok Sabha that no new tariffs have been imposed on Indian exports as of now.

Amid the ongoing tariff war with the US, India is closely wat...