Despite the Republican Party losing ground in the US midterms, U.S.-India trade talks are moving forward as planned.
A US team just visited New Delhi to keep negotiations on track, with India focused on making it easier for Indian products to compete in the American market.
India seeks lower US tariffs
The main goal right now is lowering US tariffs on Indian goods, especially since India wants to stay competitive with countries like Bangladesh and Vietnam.
Earlier deals led to the removal of a 25% penalty on India for buying Russian energy, but things got tricky after a Supreme Court ruling changed how tariffs work.
Now, there's a new 10% duty on Indian goods under Section 301 probe on alleged forced labor concerns; even with these bumps, India is still pushing for better trade terms.