India is negotiating a phased trade deal with the US and aims to finalize an interim agreement before Trump’s reciprocal tariffs begin in July, per Bloomberg. The first phase would address market access and ease non-tariff barriers, while a broader second-stage pact—covering 19 focus areas—could be signed later this year during the Quad summit. Commerce Minister Piyush Goyal is in Washington to push talks forward, though a final agreement requiring US congressional approval is unlikely before 2026.