Meanwhile, the US is expected to seek lower tariffs on industrial goods, electric vehicles, wines, petrochemicals, dairy products, and agricultural items like apples and tree nuts.
Both nations have also agreed on a framework that includes around 19 focus areas for the BTA, covering issues like tariffs, goods, services, rules of origin, customs facilitation, and non-tariff barriers.
However, the growing trade surplus in India’s favour — $41.18 billion in 2024-25 — remains a concern for Washington.
The story "Piyush Goyal to visit US for trade talks from May 16: What's on the agenda?" has 453 words across 21 sentences, which will take approximately 2 - 4 minutes for the average person to read.
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