India US Trade Deal

BMI says market access, agriculture and Russian oil remain obstacles to an India-US deal, with a narrow pact likely to offer modest gains and ease policy uncertainty

From India-US trade negotiations and Maharashtra's drought to GST simplification and public-capital governance, today's pieces examine policy trade-offs and institutional capacity

India must remain focused on its long-term interests

Finance Minister Nirmala Sitharaman says further concessions for either side 'very difficult'

Giving or taking more beyond that plateau would be 'very, very difficult' for both countries, Sitharaman said at an event in New Delhi

USTR Jamieson Greer says both sides have identified the sticking points and are working diligently towards an agreement, with another leaders' call likely soon

US Trade Representative Jamieson Greer said he did not think there was "something imminent" on the trade deal with India and the two sides have identified "the universe of items" that are sticking points. Addressing a press conference after the G20 Trade Ministers' Meeting in Milwaukee on Thursday, Greer said President Donald Trump and Prime Minister Narendra Modi may have another phone call "very soon" to assess the progress on the trade deal. Greer met Commerce and Industry Minister Piyush Goyal on the sidelines of the G20 Trade Ministers' meeting on Wednesday evening and had a "productive discussion" on the early conclusion of a mutually beneficial interim trade agreement. "We had a very constructive conversation, minister Goyal and myself. Our staff is meeting right now since they're in the country, and we're here," Greer said. "We are continually trying to finish the trade deal with India. I would characterise it, as we say in the US, we're in the short strokes. So, I think we

Goyal and Greer discussed an interim trade agreement at the G20 meeting in Milwaukee, where talks also covered food supply chains, excess capacity and forced labour

Modi and Trump reviewed cooperation in trade, defence, energy and critical technologies as New Delhi faces the prospect of fresh US sanctions over Russian energy purchases

Commerce Minister tells US executives India is ready to facilitate investment and expansion as New Delhi and Washington seek to advance their proposed bilateral trade agreement

The meeting comes amid US tariff threats and a Section 301 probe, while New Delhi and Washington remain engaged in negotiations to finalise their bilateral trade deal

India's foreign minister raised New Delhi's concerns over US sanctions that could impose tariffs on countries buying Russian crude, while Washington highlighted energy security support

MEA says attacks threatening navigation in Bab-el-Mandeb are unacceptable, while reiterating concerns over the impact of proposed US sanctions legislation on trade ties

Commerce and Industry Minister Piyush Goyal on Thursday said the details of the Bilateral Trade Agreement (BTA) with the US will be announced once Washington offers preferential terms compared to the country's competitors. "As soon as the US is able to give us the preferential rate in comparison to our competition, we will finalise the BTA and announce the final details," he said at a workshop on free trade agreements. He said the free trade agreements finalised by India offer huge export opportunities for domestic businesses. India will conclude more trade pacts in the coming months or years with Canada, Mexico, Chile, Mercosur a Brazil-led group of countries the SACU (Southern African Customs Union ), South Africa-led group of countries, the GCC (Gulf Cooperation Council), comprising six nations in the Middle East, and Israel, he added.

India's trade surplus with the US fell 28% to $31.2 billion in 2025-26 as tariffs hit exports of key goods and imports increased

The lesson for New Delhi: Keep peer-to-peer and mom-and-pop transactions free, but let large commercial platforms pay, say, 0.5 per cent

The US has imposed 25-55% safeguard tariffs on quartz surface products, putting Indian exporters under pressure as they depend heavily on the American market

An analysis of trade ministry data for the 12 months through July shows the US continues to account for about 20% of India's exports

US Ambassador Sergio Gor on Tuesday said India and the US must address friction points as true partners and work on predictable taxation and regulatory frameworks to allow business to thrive. Speaking at the Indo-American Chamber of Commerce here, Gor stressed the need for candid, trust-based engagements on export controls and rock-solid intellectual property protections to give innovators confidence to invest, create and scale without fear. The Indo-American Chamber of Commerce (IACC) held its national convention, themed Re-defining the India-US Comprehensive Strategic Partnership. Gor said that the US embassy in India topped the list among US embassies worldwide in attracting over USD 20 billion in investment. When Indian companies invest in America, it is a win-win situation. They get access to one of the world's most dynamic markets, he said. "This relationship has unbelievable and incredible potential. To unleash the full power of the economic engine, we must address friction

US Ambassador Sergio Gor on Tuesday said India and the US must address friction points as true partners and work on predictable taxation and regulatory frameworks to allow business to thrive. Speaking at the Indo-American Chamber of Commerce here, Gor stressed the need for candid, trust-based engagements on export controls and rock-solid intellectual property protections to give innovators confidence to invest, create and scale without fear. The Indo-American Chamber of Commerce (IACC) held its national convention, themed "Redefining the IndiaUS Comprehensive Strategic Partnership." Gor said that the US embassy in India topped the list among US embassies worldwide in attracting over USD 20 billion in investment. When Indian companies invest in America, it is a win-win situation. They get access to one of the world's most dynamic markets, he said. "This relationship has unbelievable and incredible potential. To unleash the full power of the economic engine, we must address friction