During a recent event in Mumbai, Union Commerce and Industry Minister Piyush Goyal sought to alleviate concerns regarding the United States' proposed Section 301 tariffs on India. He reassured that India would protect its interests while focusing on finalizing a bilateral trade agreement with Washington. Goyal downplayed the significance of the Section 301 investigation, which the US initiated under its Trade Act, asserting that it serves to create a competitive edge for India. He expressed confidence that the negotiations would yield a beneficial agreement, highlighting that US Trade Representative Jamieson Greer is expected to visit India soon to advance discussions. Goyal reiterated India's commitment to fair trade principles, stating that any agreement would be balanced and not rushed by external pressures. He noted that the first tranche of the trade pact could be ready by mid-July, which would enhance the competitive position of Indian exporters. Goyal's remarks reflect a proactive approach in navigating the complexities of international trade amid shifting geopolitical dynamics.