Indian Govt: Indian, US officials meet in Washington, trade talks make positive progress

• Indian, US officials meet in Washington, bilateral trade agreement talks make positive progress.
• Discussed a pathway for concluding the first tranche of the mutually beneficial trade pact.
• To hold in-person talks over various sectors from end-May.

US Treasury Secretary Bessent said that India might be the first trade deal that they will announce. These are some positive comments and the market will likely continue to have positive expectations until we get the details.

Bessent will join the White House Press Briefing today at 12:30 GMT/08:30 ET and the Secretary of Commerce Lutnick will speak at 18:00 GMT/14:00 ET on CNBC.

This article was written by Giuseppe Dellamotta at www.forexlive.com.