India and the US have reached a challenging stage in their trade negotiations, according to Finance Minister Nirmala Sitharaman. She indicated that both nations must navigate a significant trade imbalance affecting their discussions. Trade talks continue, but reaching further concessions seems increasingly difficult as both sides evaluate their positions. Meanwhile, India is actively seeking bilateral agreements, especially with the European Union, to enhance market access.

Source: India-US trade talks hit ‘plateau’: Sitharaman