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US Should 'Sign on the Dotted Line' if Happy with India Proposals: Goyal on India–US Trade Talks

India's commerce minister urged the US to finalize the free trade agreement if satisfied, after six negotiation rounds aiming to boost bilateral trade beyond $500 billion by 2030.

  • On Thursday, Piyush Goyal said `his happiness is very much welcome` and that if Washington is satisfied, it should sign on the dotted line.
  • Deputy USTR Rick Switzer is in New Delhi on his first visit, aimed at building familiarity rather than formal negotiations, while Goyal said five negotiation rounds have taken place so far.
  • Two days of trade talks in New Delhi ended with India and the United States working to conclude the first tranche of the trade agreement covering tariff issues, services access, and digital trade.
  • Amid strains over tariffs, including the 25% additional tariff imposed by President Donald Trump, Allison Hooker, U.S. Under Secretary of State for Political Affairs, concluded her five-day visit on December 11.
  • Officials expect the package to lift bilateral commerce to USD 500 billion by 2030, more than double the current USD 191 billion, and described recent discussions as purposeful and positive for the FTA process.
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Moneycontrol broke the news in India on Thursday, December 11, 2025.
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