At least we acquired “the terms of reference to lay down a roadmap for the negotiations”

The main tariff news of the Asian session was a press release from the US Trade Representative highlighting progress on a trade deal with India as JD Vance visited.

“I am pleased to confirm that USTR and India’s Ministry of Commerce and
Industry have finalized the Terms of Reference to lay down a roadmap for
the negotiations on reciprocal trade,” said Ambassador Greer.

Is this what we’re doing?

After touting 90 days in 90 days we get a press release to announce that after extensive negotiations, officials are proud to announce they have successfully agreed… to begin discussing how they might eventually start negotiating a trade deal.

Hardly confidence inspiring.