Page 2 - India Us Trade Deal

Piyush Goyal assured industry India-US interim agreement is close: USISPF

Commerce and Industry Minister Piyush Goyal gave assurances that the India-US interim agreement is close as he provided an "encouraging update" on bilateral trade negotiations during an interaction with eminent business leaders, the US-India Strategic Partnership Forum (USISPF) said. Goyal also discussed ways to further deepen India-US trade, investment and supply-chain partnerships during the closed-door roundtable interaction on Thursday. The Consulate General of India in New York, in collaboration with USISPF, hosted Goyal for the closed-door roundtable discussion, where he engaged with over 50 prominent business and industry leaders. Goyal said he highlighted India's strong growth story, reform-driven business environment, and expanding opportunities for global investors under the leadership of Prime Minister Narendra Modi. "Discussed ways to further deepen India-US trade, investment, innovation, and supply-chain partnerships for shared prosperity," he said in a post on X. USI

US trade officials to visit India next week to advance bilateral trade pact

A US delegation led by chief negotiator Brendan Lynch will visit India from June 1-4 to advance negotiations on the proposed bilateral trade agreement

India needs to design policies that will raise FTA utilisation rates

High tariffs and complex compliance requirements continue to deter free-trade agreement utilisation

India-US trade deal may be sealed in weeks, not months: Marco Rubio

US Secretary of State Marco Rubio said the India-US trade deal could be finalised within weeks and reaffirmed President Donald Trump's support for India

Weekly policy watch: Forex reserves, deposits, Marco Rubio visit in focus

India's policy focus this week will be on forex reserves, banking deposit growth and high-level India-US talks amid global uncertainty and trade concerns

Rubio announces 'America First' visa push as India-US ties deepen

Emphasising the personal chemistry between Prime Minister Narendra Modi and US President Donald Trump, Rubio noted that their bond spans both terms of the Trump administration

US Secy of State Rubio invites PM Modi to White House on Trump's behalf

US Ambassador Sergio Gor said Secy Rubio and PM Narendra Modi held discussions on expanding cooperation across strategic sectors

India seeks advantage over rivals as US trade pact nears finalisation

Goyal said Monday that while the first phase of the deal has been finalized, efforts are underway to ensure India gets preferential access to the US market compared with competitors

US wants to sell India as much energy as it can buy, says Marco Rubio

Lauding India's pivotal position on the global stage, the top US diplomat expressed strong enthusiasm for expanding bilateral trade ties

US trade team likely to visit India next month for talks: Piyush Goyal

The US team is likely to visit India next month for trade talks with their counterparts here, Commerce and Industry Minister Piyush Goyal said on Thursday. The Indian side visited Washington, DC, in April for an in-person round of meetings with their US counterparts to finalise the details of the interim pact and take forward the negotiations under the broader bilateral trade agreement (BTA). When asked if the US chief negotiator for the BTA will accompany US Secretary of State Marco Rubio, Goyal said "he's not coming with him, but there is some plan for them to come next month". Rubio will undertake a four-day visit to India beginning May 23 to further cooperation in the fields of trade, defence and energy. This will be his first visit to India. India and the US issued a joint statement on February 7 finalising a framework for an interim trade agreement. However, a US Supreme Court ruling struck down all reciprocal tariffs, which had served as the Trump administration's main ...

India, US industry clash at USTR hearings over subsidies and overcapacity

American industry groups sought punitive tariffs on Indian goods at USTR hearings, while Indian officials defended the country's manufacturing growth as demand-led and WTO-compliant

US team to visit India next month for trade talks; dates not finalised

The US team is expected to visit India next month for trade talks, though no dates have been finalised yet, Commerce Secretary Rajesh Agrawal said on Friday. The Indian side visited Washington, DC, in April for an in-person round of meetings with their US counterparts to finalise the details of the interim pact and take forward the negotiations under the broader bilateral trade agreement (BTA). "We expect the US team to visit soon..not this month..may be next month," he told reporters here. He said India is engaged with the US on trade deal and it would be signed at an opportune time. He also said that India is engaged with the US on section 301 investigations. India and the US issued a joint statement on February 7 finalising a framework for an interim trade agreement regarding reciprocal and mutually beneficial trade. The framework reaffirmed the countries' commitment to the broader India-US Bilateral Trade Agreement negotiations. India's shipments to the US grew marginally by

Cong links Indo-US trade deal to US's move to drop charges against Adani

The Congress on Thursday attacked Prime Minister Narendra Modi over media reports claiming that US authorities are moving to drop charges against billionaire Gautam Adani, saying it is now clear why the PM agreed to the "hopelessly one-sided" Indo-US trade deal and why he abruptly halted Operation Sindoor. The opposition party's attack came after media reports claimed that US authorities are moving to settle the fraud charges against the Indian billionaire. Reacting to the reports, Congress general secretary in-charge communications Jairam Ramesh said, "It is now clear why the PM agreed to the hopelessly one-sided Indo-US trade 'deal' that was really a steal by the US. And it is also clear why he abruptly halted Operation Sindoor on May 10 2025, acting on President Trump's threats rather than on our national interest." "Reportedly, the Trump Administration is about to drop all charges of corruption against Modani," he said on X. How much more "compromised" can the PM get, Ramesh ..

US court ruling on Trump tariffs adds uncertainty to India-US trade talks

A US trade court struck down Donald Trump's 10 per cent global tariffs, adding fresh uncertainty to India-US trade negotiations and tariff policy

Court setbacks to Trump tariffs may delay BTA talks with India: Experts

Repeated setbacks faced by US President Donald Trump in American courts have further heightened uncertainty over the US tariff regime, and India should wait for the United States to evolve a more stable and legally predictable trade framework before moving ahead with the proposed bilateral trade agreement, experts said. They said that this ruling is a crucial reminder that Trump's global tariffs violated WTO (World Trade Organisation) rules, and their striking down by US courts is a positive signal for multilateral trade norms. In another setback to the White House, a US federal court has struck down the 10 per cent global tariffs slapped by Trump, terming them "invalid" and "unauthorised by law". These new tariffs were imposed by Trump on all countries, including India, on February 24 for 150 days following an earlier US Supreme Court verdict that struck down his earlier sweeping levies. "The continuing uncertainty around US tariff policy, with major Trump-era tariffs repeatedly .

India, US 'very, very close' to signing trade deal, says Trump official

India and the US are "very, very close" to signing the trade deal and need to get over "that last hurdle", US Deputy Secretary of State Christopher Landau said on Tuesday. Landau said that India and the US have been negotiating for months and it was important for the two sides to "reach some closure" and move on with the many other issues on the agenda. "We are very aware of India's importance on the world stage. I think it is very important to get a final resolution of that trade deal. We have been talking now for months that we are very close, and I think we are very close. But we have to get over that last hurdle," Landau told reporters on the sidelines of the SelectUSA Investment Summit at National Harbour in Maryland near here. "I don't have any huge inside information to provide on when that is coming, but I can just reiterate that I believe that we are very, very close," said Landau, who recently visited India. "I think ultimately it's important that we reach some closure on

USTR keeps India on IPR watch list; Vietnam faces toughest scrutiny

India is among six countries, including China and Russia, on the priority watch list in a special report released by the US Trade Representative on Thursday that deals with adequacy and effectiveness of trading partners' protection and enforcement of intellectual property (IP) rights. The US Special 301 report 2026 lists Vietnam as the Priority Foreign Country (PFC), marking the first time in 13 years that any country is listed in that particular category. "The PFC identification is reserved by statute for countries with the most egregious IP-related acts, policies, and practices with the greatest adverse impact on relevant US products," the USTR said. It said that Vietnam is not entering into good faith negotiations or making significant progress in negotiations to provide adequate and effective IP rights protection. The six countries on the priority watch list include Chile, China, India, Indonesia, Russia and Venezuela. Placement of a trading partner on the Priority Watch List

India, US make 'progress' on interim trade deal, BTA negotiations

India and the US are engaged in discussions aimed at reaching a balanced and mutually beneficial trade agreement, said a spokesperson for the ministry of external affairs on Thursday

India, US agree to remain engaged on trade pact: Commerce ministry

The government on Friday said the three-day trade talks between Indian and US officials concluded on April 23, with both sides agreeing to stay engaged to sustain the momentum ahead. Both sides discussed several areas, such as market access, non-tariff measures, technical barriers to trade, customs and trade facilitation, investment promotion, economic security alignment and digital trade, the Commerce and Industry Ministry said in a statement. "The meetings were conducted in a constructive and positive spirit, with meaningful and forward-looking discussions enabling progress on key matters. Both sides agreed to remain engaged to maintain this momentum as they move forward," it said. India and the US issued a joint statement on February 7 finalising a framework for an interim trade agreement regarding reciprocal and mutually beneficial trade. The framework reaffirmed the countries' commitment to the broader India-US Bilateral Trade Agreement negotiations. The Indian side has visit

Trade talks with US remain constructive after Washington visit: MEA

The comments followed a three-day ​visit to Washington by an Indian trade delegation led by senior commerce ministry official ‌Darpan Jain for talks with US counterparts