Indian exporters currently bear a 10 per cent baseline tariff, after the US administration temporarily paused the 26 per cent reciprocal tariff on India
In 2024, India's bilateral trade (merchandise) with the US stood at $123.8 billion, with a trade surplus of $37.7 billion for India
India and US negotiators are in Washington for intense discussions, with the interim trade pact facing a critical deadline and pressure from the US on tariff concessions
The Bill will allow 'reverse job work'. This means that SEZ units will be able to do a part of the manufacturing process on its behalf for DTA units
Deal with European bloc was signed in March 2024; it's projected to get India $100 bn foreign direct investment
Negotiators to head to Washington again to seal a pact before August 1
Commerce Minister Piyush Goyal discusses the ongoing review of the India-ASEAN trade pact with Malaysia's T Zafrul Aziz, highlighting challenges and the need for fair trade and a comprehensive deal
Indian team may go to Washington for further discussions
While the minister did not refer to any country, the statement came at a time when China has reduced exports of a critical fertiliser - di-ammonium phosphate - creating a global supply squeeze
India campus tuition fee may be a third of US campus fee
Says sending letters to more trade partners, will offer no extension beyond Aug 1
After two years of strained diplomatic relations, as India and Canada look to iron out creases, the interim trade deal is back on the table
Ahead of July 9 tariff deadline, Piyush Goyal emphasises that India will protect its national interest in ongoing trade negotiations, reiterates stance on sensitive sectors like agriculture and dairy
India has proposed suspending trade concessions worth $723.75 mn in response to US safeguard tariffs on autos, even as an interim trade agreement nears finalisation
Over the last few years, India's exports to China have been contracting but imports have been on the rise
First tranche of bilateral trade pact likely in 2-3 days to avert higher US tariffs
Mercosur is a Latin American trading bloc, with Argentina, Brazil, Uruguay, Paraguay as its members
White House says President Trump will soon announce India-US trade deal; talks ongoing in Washington amid concerns over tariffs, GM crops, dairy and data localisation
Both countries have agreed to resume talks for an interim trade agreement in a volatile global scenario as part of their effort to reset diplomatic relations following a bitter fallout under Trudeau
The ongoing in-person round of talks between New Delhi and Washington is crucial, considering that the end of the 90-day pause on the US's plan to impose country-specific reciprocal tariffs on July 9