India & USA’s 90-Day Trade Deal: A Race Against Time!

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Well, well, well! It seems that India and the USA are all set to waltz into the trade ballroom, having sorted out the Terms of Reference (ToR) – sounds terribly official, doesn’t it? With the stage now set, the diplomatic dancers are ready to tango their way to a “win-win” agreement. One would think it was all just an afternoon tea with biscuits, but no – there’s real business to be done!

“There are plenty of low-hanging fruits just waiting to be picked,” said the official, with a grin that could only mean serious, yet totally approachable, trade talk. The deadline is tight: 90 days. Yes, you heard that right, 90 days to seal a Bilateral Trade Agreement (BTA). If both parties can find the same page, there’s hope! It’s as easy as tying your shoelaces, only without tripping over the laces, of course.

Target: Doubling Trade by 2030

Now, don’t be fooled. This trade deal isn’t just some one-off event. Oh no, this is merely the opening act of a grander play. The first phase, expected to wrap up by September or October, is merely the appetizer. The pièce de résistance? Doubling trade to a cool $500 billion by 2030. That’s right, folks – an almost superhero-like jump from the current $191 billion. Who knew that numbers could sound so… aspirational?

And guess what? India is reportedly ahead of the pack, outpacing all other nations in the race for a comprehensive deal. Who needs a slow-and-steady approach when you’ve got all this virtual meetings business and in-person visits to keep things spicy? The negotiations are a diplomatic mix of hustle and charm, as both nations hold hands (virtually, of course) and aim for the stars of international trade.

All this comes at a time when both countries, like two ships in the night, are aligning their economic compasses, trying to make the most of their strategic and economic ties. What a world! What a time to be alive!

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2025-04-11 19:45