Trump announces plan to lower tariffs on India amid talks on a 'fair deal'

New Delhi and Washington, meanwhile, continue work on a proposed bilateral trade agreement (BTA), the first tranche of which is targeted for completion soon. The deal aims to more than double bilateral trade to $500 billion by 2030, from the current $191 billion. Officials said India is awaiting a response from the US on the trade deal, and that another round of talks is not needed at this juncture.