Archive · 3 Sep 2025
India-US Trade Deal Target: $500 Billion by 2030
India and the United States are working on a trade agreement to boost trade.
The goal is to increase trade in goods and services to $500 billion by 2030.
Commerce Minister Piyush Goyal is hopeful to finalize the trade deal by November 2025.
The negotiations are ongoing, and there have been some setbacks due to the US imposing tariffs.
The US negotiating team's visit to New Delhi was postponed.
India and the US are negotiating a bilateral trade agreement (BTA).
The BTA aims to increase trade in goods and services.
The trade target is $500 billion by 2030.
A US negotiating team's visit to India was postponed.
Piyush Goyal is hopeful to finalize the trade deal by November 2025.
- Who
- India, US, Piyush Goyal
- What
- Negotiations on a bilateral trade agreement.
- When
- Ongoing
- Where
- Between India and the US
- Why
- To expand trade in goods and services.
- Trade Agreement Target
- $500 billion by 2030
- Negotiation Status
- Ongoing
- US Tariffs Impact
- US negotiating team visit postponed
- Bilateral Trade Agreement (BTA) target date
- November 2025
Sources
News Today Live Updates, 3 September | Hope to be back on track, clinch deal with US by November, says Goyal
India hopes to conclude trade deal with US by November, says commerce minister
Trade pact with US around Nov: Goyal
India leveraging WTO shield to face 50% US tariffs
Suspense continues over Indo-US 6th round talks