US chief negotiator resumes BTA talks with India

India and the US have resumed bilateral trade agreement (BTA) talks, with the Trump administration’s Brendan Lynch, Assistant US Trade Representative for South and Central Asia, heading the delegation. This is the first face-to-face trade discussion since US President Donald Trump levied punitive tariffs on New Delhi for Russian oil purchases, effective August 27. The American trade delegation’s earlier planned visit to India, scheduled for August 25-29, for the sixth round of BTA discussions, was postponed after the US levied a hefty 50% tariffs, including a 25% punitive charge for Russian oil purchases. Subsequently, both nations have maintained weekly virtual consultations, as per a report.

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