India Us Trade Deal

Piyush Goyal says changed circumstances will shape final trade pact with US

The US and India announced in February that they had reached a framework for an interim trade agreement, but circumstances have changed, and the pact will be finalised accordingly, Commerce and Industry Minister Piyush Goyal said on Saturday. He also said that trade pact negotiations are on with number of regions including Israel, Chile, GCC (Gulf Cooperation Council) and Russia-led group Eurasian Economic Union (EAEU). "USA (trade pact) February me announce hua. Thodi paristhitiyan badli hain, usko abhi madde nazar rakhte hue final hoga. (It was announced in February. Some circumstances have changed; the final decision will be made keeping that in mind)," Goyal said here while addressing members of industry chamber PHDCCI. India is seeking lower tariffs for its goods than its competitors in the American markets. The minister did not elaborate about those circumstances, but the changing tariff landscape in the US has led to further negotiations about the first phase of bilateral tr

'India-US trade breakthrough unlikely soon; narrow interim deal possible'

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

Best of Opinion: Will GST Council meet give process reforms a push?

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

An elusive US deal

India must remain focused on its long-term interests

Trade negotiations with US have reached a 'plateau': FM Sitharaman

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

India, US have reached a plateau in trade talks, says FM Nirmala Sitharaman

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

India-US trade deal is not imminent yet, says USTR Jamieson Greer

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

Nothing imminent: USTR Greer on India trade deal; Modi, Trump to talk 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 meets Greer, pushes for early conclusion of India-US trade deal

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, Trump review bilateral relations amid fresh sanctions threat

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

India ready to facilitate US firms' investments, says Piyush Goyal

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

Piyush Goyal likely to meet USTR Jamieson Greer amid tariff threat

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

EAM Jaishankar, Rubio discuss impact of Russia-linked sanctions on India

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

US Sanctions Bill: Determined to protect our trade interests, says MEA

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

India-US trade deal hinges on preferential terms from Washington: Goyal

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.

Datanomics: India's trade surplus with US declines after tariffs

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

Why India's Unified Payments Interface needs reform, and not US pressure

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

What US safeguard tariffs on quartz surface products mean for India

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

India's exports to US remain unchanged after a year of Trump's tariffs

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

India, US must address friction points, says Ambassador Sergio Gor

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