India-U.S. trade deal in final stages, it will open up new phase in ties, says Jaishankar

External Affairs Minister S Jaishankar and U.S. Secretary of State Marco Rubio held talks in Washington DC, where they discussed the final details of a historic India-US trade agreement that will reduce tariffs on Indian goods to 18% from 50%. The agreement is expected to open a new phase in bilateral relations and boost exports for India. The deal comes after President Donald Trump announced tariff reductions following phone conversations with Prime Minister Narendra Modi. Mr. Jaishankar described the visit as "productive" and "positive," highlighting the advancement of critical mineral cooperation and engagement on strategic issues, defense, and energy.