India and the USA are holding "very active" and "intense" discussions on trade, External Affairs Minister, Mr S Jaishankar said on Wednesday, as the world waits with anxiety over United States President Donald Trump's reciprocal tariff that will kick of on April 2. In an interactive session hosted by leading think tank Asia Society, Mr Jaishankar, however, declined to pre-judge the immediate outcomes of the trade negotiations but he said that there is a strong "business case" for a bilateral trade agreement (BTA) between India & USA.
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