The
co ve satio
comes
at
a
se sitive
time
fo
I dia-US
eco omic
ties.
The
US
Se ate
passed
a
sweepi g
Russia
sa ctio s
Bill
that
could
empowe
the
US
p eside t
to
impose
ta iffs
of
up
to
100%
o
cou t ies
pu chasi g
Russia
oil,
pote tially
affecti g
I dia.
The
legislatio
must
still
clea
the
US
House
befo e
it
ca
become
law.
Mea while,
I dia
a d
the
US
a e
co ti ui g
egotiatio s
o
a
bilate al
t ade
ag eeme t.
A
se io
US
official
said
i
July
that
the
pact
could
pote tially
be
co cluded
withi
th ee
to
fou
mo ths.
T ade
Deal
Remai s
Key
Age da
The
two
cou t ies
had
ea lie
eached
a
f amewo k
fo
a
i te im
t ade
ag eeme t
i
Feb ua y
2026.
The
f amewo k
e visaged
g eate
ma ket
access
a d
mo e
esilie t
supply
chai s,
while
committi g
both
sides
to
co ti ue
egotiatio s
towa ds
a
b oade
Bilate al
T ade
Ag eeme t.
A
I dia
pa liame ta y
pa el
has
also
u ged
the
gove me t
to
wo k
towa ds
a
ea ly
co clusio
of
the
I dia-US
t ade
pact
while
st e gthe i g
safegua ds
agai st
pote tial
US
ta iff
measu es.
The
latest
ta iff
th eat
could
add
a othe
laye
of
complexity
to
egotiatio s
al eady
ce t ed
o
ma ket
access,
ta iffs
a d
b oade
eco omic
coope atio .
