Economic Survey 2025-26: Ongoing trade talks with U.S. expected to conclude during the year
The Hindu
Economic Survey 2026 highlights ongoing U.S. trade talks expected to reduce external uncertainties for India amid global challenges.
Ongoing negotiations for a trade agreement with the U.S. are expected to conclude during the year, a development that could help reduce uncertainty on the external front, according to Economic Survey 2025-26.
Read | Economic Survey 2025-26 LIVE updates
For India, it said, the global conditions translate into external uncertainties rather than immediate macroeconomic stress.
Slower growth in key trading partners, tariff-induced disruptions to trade and volatility in capital flows could intermittently weigh on exports and investor sentiment, the survey said.
"At the same time, ongoing trade negotiations with the United States are expected to conclude during the year, which could help reduce uncertainty on the external front," it said.
India and the U.S. are negotiating a bilateral trade agreement since March last year. So far, six rounds of negotiations have been held. Talks are going slow as the Trump administration has imposed a steep 50% tariffs on Indian goods from August last year.
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