Latest Updates on India-US Trade Deal

The US and India are moving very close to finalising a critical minerals agreement, and a big announcement is expected in the next few months, American Envoy Sergio Gor said on Friday, asserting that the last few months have seen a "remarkable series of breakthroughs" in the US-India ties, including a new trade agreement. "I am very pleased to say that the US and India are moving very close to finalising a critical minerals agreement that will help secure the supply chains needed for advanced manufacturing, energy systems and emerging technologies. Stay tuned, but in the next few months, we expect a big announcement on that front," he said. Addressing the India Today Conclave 2026, Gor said the US and India are "paying close attention to each other" across governments and business communities and even across media. "And, that attention reflects something deeper, a partnership that is growing stronger, more visible and more consequential every year," the US Ambassador to India ...

The commerce ministry on Friday said India and the US remain engaged in discussions for a mutually beneficial bilateral trade agreement. The ministry has denied reports about a hold off on bilateral engagement. "We have noted a media report regarding ongoing trade talks with US. It is denied that there is any hold off in bilateral engagement. It is reiterated that the two sides remain engaged for a mutually beneficial trade agreement," the commerce ministry said in a statement. The remarks assume significance as the United States Trade Representative (USTR) on March 11 launched a fresh round of Section 301 trade investigations targeting policies and industrial practices of 16 economies, including India and China. Following a decision of the US Supreme Court striking down sweeping tariffs of the US administration, President Donald Trump has announced 10 per cent tariffs on all countries for 150 days from February 24.

New Delhi expected to sign an interim pact in March, but fresh US investigations and uncertainty over tariffs have slowed negotiations, government sources say

India's trade deals with the US and Europe promise market access and investment flows, but industry readiness and new regulatory barriers may shape their real impact

India has secured the best trade deal with the US compared to its competing nations, Commerce and Industry Minister Piyush Goyal said on Saturday, noting that the two countries share a "very powerful" relationship. He said that the US is the world's largest economy - USD 30 trillion - and nobody can wish it away. "It has been a fantastic journey. We have the best of relations. You would have observed that through the last year, President Donald Trump has always had the best of things to say about India as a country, and about Prime Minister (Narendra) Modi. We have fantastic relations with our counterparts there. "Even within your family, sometimes you can have one or two misunderstandings. It's a part of the course. I think it's a very, very powerful relationship that the US and India share. And we got the best deal amongst all the nations with whom we compete," Goyal said when asked about the trade relations with the US. He was speaking at Raisina Dialogue 2026 here. The ministe

Mr Trump has ushered in the age of humiliation. His method is to push around America's friends rudely and publicly. He knows none of them can afford to fight back

In India, equities are often a long-term wealth creation product and flows typically normalise once volatility stabilises, Upadhyaya said.

Says US not to make same mistakes with India as it did with China

Goyal said India is closely watching the evolving situation following the US SC's verdict, and will continue to engage with Washington for best possible opportunities in the interim trade deal

Landau also offered to work with India to address long and short term issues in meeting its energy challenges as supply disruptions from the Middle East crisis threaten fuel stockpiles

Building economic and military strength at home and securing trade deals abroad are vital

USTR says India will determine within six months of the interim pact coming into force whether US or international standards are acceptable for select sectors, easing market access for US exports

The IEEPA tariffs were probably already illegal under World Trade Organization (WTO) rules, as they violated the principle of equal treatment

India is closely watching US tariff moves after the Supreme Court verdict, with Goyal saying New Delhi will continue to engage Washington to preserve balance in the newly finalised interim trade deal

Union Commerce Minister Piyush Goyal said that Indian trade authorities are closely tracking developments after the US Supreme Court ruling against country-specific tariffs

Howard Lutnick held talks with Piyush Goyal in Delhi as tariff uncertainty persists following fresh US duties and renewed trade deal discussions

Commerce and Industry Minister Piyush Goyal on Thursday said he has held a meeting with US Secretary of Commerce Howard Lutnick and US Ambassador to India Sergio Gor and discussed ways to expand trade relationship between the two countries. "Hosted US Secretary of Commerce @HowardLutnick & @USAmbIndia Sergio Gor. Engaged in very fruitful discussions to expand our trade and economic partnership," Goyal said in a social media post. The meeting holds immense importance as both countries are in the process of finalising the legal text for the first phase of a bilateral trade agreement. Following the US Supreme Court order striking down US President Donald Trump's sweeping tariffs, the US has imposed 10 per cent tariffs on all the countries for 150 days.