Can a trade deal with US shield India from the fallout of Trump’s tariffs?

India and the US are currently in negotiations over what is known as the Bilateral Trade Agreement (BTA) —  part of ‘Mission 500’, which aims to increase bilateral trade to $500 billion by 2030. The two countries say they are seeking a ‘fair, balanced and equitable trade deal’ to be finalised by September-November 2025. But what do we know? What do experts say?

Explainers