Watch! US official, congressmen speak about much awaited India-US Bilateral trade agreement
US official, senator and several US Congressmen spoke about much awaited India-US Bilateral trade agreement on June 24. Most importantly, US Deputy Assistant Secretary in the Bureau of South and Central Asian Affairs Bethany Poulos Morrison said that Washington is "very, very close" to concluding the historic trade agreement with India. Speaking at an event, Morrison said, "Looking at trade, in February 2026, we announced the intention to finally conclude the historic trade deal. We are very, very close." She added that the proposed agreement would open India's market of 1.4 billion people to American goods on "reciprocal and mutually beneficial" terms. "This is going to open India's market of 1.4 billion to America's goods on terms that are reciprocal and mutually beneficial. The administration is driving towards the goal of Mission 500, 500 billion in trade by 2030, with a real sense of urgency," she said, referring to the broader trade target between the two countries. Highlighting recent trade performance, Morrison noted that 2025 was a "historic year" for India-US trade. Several US lawmakers on Tuesday (local time) underscored the importance of the India-US relationship, in the backdrop of the ongoing bilateral interim trade agreement negotiations, while offering varied views on tariffs and strategic cooperation. Speaking to ANI, on the ongoing India-US trade deal negotiations, Kansas Senator Roger Marshall pointed to existing challenges but expressed optimism about future opportunities. "There are some challenges when it comes to the trade agreement. There's a USD 50 billion imbalance between the two countries... There's some work to be done. I'm optimistic for opportunities like ethanol... For years, India has built up walls and tariffs for American goods coming into India.
