India, US finalise terms of reference for first phase of trade deal, Indian official says

India, US finalise terms of reference for first phase of trade deal, Indian official says

India, US finalise terms of reference for first phase of trade deal, Indian official says
NEW DELHI, April 11 (Reuters) - India and the U.S. have finalised terms of reference for talks over the first part of a bilateral trade deal, an Indian trade official said on Friday, adding it was possible that a "win-win" deal could take shape in the next 90 days.
U.S. President Donald Trump on Wednesday announced a 90-day pause on most tariff hikes for major trading partners including India, while raising levies on China, providing temporary relief for Indian exporters.