Page 2 - India Us Trade Deal

If India comes under attack, US will help: Trump at briefing with PM Modi

Trump also offered condolences over the deaths of three Indian sailors in recent US military strikes

USTR Greer to visit India next week for bilateral trade agreement talks

US Trade Representative Jamieson Greer will meet Commerce Minister Piyush Goyal to advance talks on the proposed India-US trade agreement

US Trade Representative Greer to visit India on June 23-24 for talks

Greer is scheduled to visit India on June 23-24 for discussions aimed at finalising an interim trade agreement between New Delhi and Washington

West Asia war: Bet on smallcaps, not Nifty to make money, says Shankar Sharma

In fact, a relief rally due to West Asia conflict resolution could provide foreign investors with another opportunity to reduce their exposure to India, Sharma said.

PM Modi, Trump to hold talks on sidelines of G7 in France: White House

First face-to-face meeting since February 2025 comes as US president is expected to discuss Strait of Hormuz demining plans with allies

Govt rebuts US claims of excess capacity in steel and textile sectors

Low domestic consumption levels belie overcapacity allegations, says commerce ministry

India, US explore possible Modi-Trump meeting on G7 summit sidelines

India and the US are learnt to be exploring the possibility of a meeting between Prime Minister Narendra Modi and US President Donald Trump on the margins of the G7 summit in France next week. There is no clarity yet on whether the two leaders will be able to meet as it will depend on many factors including the schedule of the two leaders, people familiar with the matter said. The Ministry of External Affairs (MEA) has already announced that Modi will undertake a week-long visit to France and Slovakia beginning Saturday. The G7 summit will be held in France's Evian town from June 15 to 17. The people cited above said both New Delhi and Washington are looking at the possibility of a short meeting between Modi and Trump. There is no clarity yet on it, they said. Following US Secretary of State Marco Rubio's visit to India last month, the two sides are now looking at rebuilding the bilateral ties. The relations witnessed a major downturn after Washington imposed punitive tariffs on

India-US energy ties can help achieve $500 bn trade goal by 2030: Report

A USIBC-Grant Thornton Bharat report highlights opportunities across LNG, crude oil and petrochemicals to deepen trade, investment and energy security ties

India to operationalise US trade deal only if tariff edge is secured

New Delhi wants a clear tariff advantage over competing economies and assurances against future Section 301 actions before implementing a trade agreement with Washington

India, US may execute 1st phase of bilateral trade pact by mid July: Goyal

India and the US are moving towards closing all the open ends of the interim trade agreement, and both sides are likely to execute the "very, very vibrant" first phase of the pact by the middle of next month, Commerce and Industry Minister Piyush Goyal said on Friday. He said that the US team was in New Delhi from June 2-4 for finalisation of the deal. They held discussions with the Indian team. "I also met with them yesterday, and we are fast moving towards closing all the open ends, and I think sometime by the middle of next month or so, we should be in a position to execute a very, very vibrant first tranche... "It is only the first tranche of our bilateral trade agreement, which will give preferential access to India over our competitors," he told reporters here. He added that a high-level team is expected to visit India towards the end of this month.

'US optimistic about progress in trade talks with India; deal a priority'

The United States is very optimistic about the progress of trade negotiations with India, and a bilateral trade deal remains a priority for the Trump administration, State Department Spokesperson Tommy Pigott said. Pigott was responding to a question by PTI during a roundtable interaction organised by the New York Foreign Press Centre with a select group of international journalists on Thursday. "On trade, we have been very optimistic about the progress of trade talks," he said. Noting the recent visit to India by officials from the Office of the United States Trade Representative (USTR), Pigott also underscored the role played by US Ambassador to India Sergio Gor in advancing trade and investment ties between the two countries. "He has also made this trade issue really important", most notably through these trade discussions, but also through bilateral investments between the two countries, including millions of dollars worth of SelectUSA investments, Pigott said. SelectUSA is a .

Trump confident of trade deal with India, calls PM Modi a 'good friend'

US President Donald Trump said that Prime Minister Narendra Modi is a good friend and expressed confidence that the United States and India would reach a trade agreement. "We will get to a deal because I like your prime minister a lot. He is a good friend of mine. We get along great, and we are gonna make a deal," Trump told reporters at the Oval Office on Thursday. Responding to a question on the trade deal being negotiated between the two countries, Trump said India had taken advantage of US policies for years and charged "tremendous tariffs". "They charged tremendous amounts of tariffs to our companies, and we didn't charge them anything," Trump said. A US delegation was in India earlier this week and concluded four days of negotiations on an interim bilateral agreement on Thursday. India's commerce ministry said the trade talks were marked by a spirit of cooperation and pragmatism, with both sides reaffirming their commitment to concluding a mutually beneficial agreement that

India-US discuss trade, non-tariff measures; reaffirm commitment to BTA

Negotiators held four days of discussions on goods, customs, trade facilitation and economic security, while fresh US tariff proposals emerged during the talks

US trade body proposes 12.5% duty on India, others on forced labour gaps

The USTR move comes as India and the US work through an interim trade pact, raising compliance questions for exporters in textiles, apparel and other supply chains

Best of BS Opinion: USTR tariff threats deepen trade uncertainty

From fresh US tariff threats and fiscal policy constraints to the future of television broadcasting and the legacy of Shastri Bhawan, here are today's top Opinion insights

New USTR tariff threats deepen trade uncertainty for India and beyond

After the courts struck down the Donald Trump administration's reciprocal tariffs imposed under emergency powers, Washington turned to alternative legal routes

US-India trade deal 99% done, last-mile talks this week: US Ambassador Gor

US Ambassador Sergio Gor says 99 per cent of the bilateral trade pact is in place, with negotiators working to resolve final technical and legal issues during talks in New Delhi

Engaged with US on Section 301 probe over forced labour concerns: Govt

India is engaged with the US on the Section 301 investigations over concerns related to forced labour and excess industrial capacity, the government said on Wednesday. The country is also "parallelly" engaged with the US for finalisation of an interim trade agreement, a framework for which was announced through a joint statement on February 7. The Office of the United States Trade Representative (USTR) launched two separate Section 301 investigations on March 11 and 12, 2026, covering 60 economies over concerns related to forced labour and excess industrial capacity. The USTR on June 2 issued its findings in the forced labour investigation and proposed additional tariffs on imports from 60 economies. The proposal includes a 10 per cent tariff on imports from Canada, Ecuador, the European Union, Indonesia, Mexico, and Pakistan, and a 12.5 per cent tariff on imports from 54 other economies, including India and China. Pakistan and Indonesia are India's competitors in the trade front.

India must challenge proposed 12.5% US tariff under Section 301 probe: GTRI

The proposed 12.5 per cent tariff on India by the US Trade Representative (USTR) under Section 301 investigations goes beyond the scope of the provision, and New Delhi should challenge the ambit of the probe, think tank GTRI said on Wednesday. The 12.5 per cent tariff exceeds the USA's WTO commitment. The US Trade Representative has proposed to impose 12.5 per cent additional duties on 54 countries, including India, for failing to prohibit the import of goods produced with forced labour. The action follows investigations launched against 60 countries over what the USTR described as their failure to impose and effectively enforce bans on imports made with forced labour. "The current investigation exceeds the scope of Section 301, which deals with market-access barriers faced by the US firms in the country being investigated and not what it imports and from where", the Global Trade Research Initiative (GTRI) said. It added that the investigation is not based on allegations that Indi

India, US begin 3-day talks to finalise details of trade agreement

The chief negotiators of India and the US on Tuesday began a three-day round of talks here to finalise the details of the proposed interim trade agreement, an official said. The framework for the pact was finalised in February. The US team is led by its chief negotiator Brendan Lynch. India's chief negotiator is Darpan Jain, who is an additional secretary in the Department of Commerce. The talks are underway at Vanijya Bhavan here, the headquarters of the Commerce and Industry Ministry. The two sides are looking to finalise the details of the interim trade agreement and take forward the negotiations for the broader bilateral trade agreement (BTA). On February 7, India and the US issued a joint statement finalising the contours or framework of the first phase of the BTA or an interim trade deal. According to the framework, the US had agreed to reduce tariffs on India to 18 per cent from 50 per cent. It had removed the 25 per cent tariffs on Indian goods for buying Russian oil and