Trade ministry begins expanding NAFTA wing as India seeks quick US tariff truce

News Snapshot:

In a bid to strike an early trade deal with the US and potentially sidestep the 26 per cent reciprocal tariffs, the Ministry of Commerce and Industry has stepped up efforts by expanding its NAFTA division, which handles India’s bilateral trade with the United States, Canada, and Mexico, The Indian Express has learnt. The ministry has begun assigning new officers to strengthen the NAFTA (North American Free Trade Agreement) division as more coordination officers would help the division manage the workload better. Senior officers nearing the end of their term in the ministry may also see their tenures extended, two...