India, US framework deal ready, to be signed at right time: Commerce Secretary Rajesh Agrawal
Commerce Secretary Rajesh Agrawal announced that a framework deal between India and the US is ready for signing, aimed at addressing proposed US tariffs under the Section 301 trade probe. The deal seeks to protect Indian exporters from additional tariffs, which the US has proposed at 12.5% following concerns over forced labor. The signing will occur at an appropriate time, contingent on the completion of the US investigation into India's trade practices.