Page 3 - India Us Trade Deal

India may seek sunset clause in US trade pact amid tariff concerns

India may seek an automatic review clause in its interim trade deal with the US, aiming to safeguard tariff concessions amid evolving American trade policies

Shaping a fresh narrative as India-US ties enter a transactional phase

Modi and Trump's G7 meeting suggested India-US ties are entering a more transactional phase, with trade and trust taking centre stage

India, US to hold two-day ministerial-level trade pact talks this week

US Trade Representative Jamieson Greer and Commerce and Industry Minister Piyush Goyal will hold two-day talks this week on the first phase of the bilateral trade agreement. "For the US trade deal talks, tomorrow my counterpart is coming to Delhi," Goyal told reporters in Mumbai. The meeting followed chief negotiator-level discussions on the pact held earlier this month (June 2-4) here in the national capital. Commerce Secretary Rajesh Agrawal has recently stated that the discussions between the two ministers are expected to be centred around giving final touches to the framework deal. On June 5, Goyal said 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 BTA by the middle of next month. IMPORTANCE OF THE MIDDLE OF NEXT MONTH -------------------------------------------------- The 10 per cent temporary tariff imposed by the US on all its trading partners o

Aurobindo Pharma stock jumps 2% after US FTC approves Lannett acquisition

Aurobindo Pharma received necessary approval from the US Federal Trade Commission (FTC) for the acquisition of the Lannett business.

India-US trade deal had created uncertainty between two nations: Misri

"There are ups and ‌downs in relations ​between nations, ‌the leaders of both ‌nations deal with them," Vikram ‌Misri, the ​top official ​in India's foreign ministry told reporters ‌in ​Paris

Trade deal near, declares Trump; Modi pitches for seafarers' safety

At their first bilateral meeting in 16 months, Modi raised concerns over the safety of Indian seafarers while Trump said India and the US were nearing a trade agreement

PM Modi, Trump push for early India-US trade deal; Greer to visit next week

Prime Minister Narendra Modi and US President Donald Trump directed their officials to work towards a balanced, mutually beneficial and commercially meaningful trade agreement at the earliest. The Ministry of External Affairs (MEA) said this on Thursday, a day after the two leaders held wide-ranging talks for the first time in 16 months on the margins of the G7 Summit in an attempt to rebuild the strained bilateral ties. US Trade Representative, Jamieson Greer, will be visiting India next week to take forward the talks on the proposed trade deal. In the meeting, Modi and Trump reaffirmed their commitment to further strengthening the India-US Comprehensive Global Strategic Partnership and advancing cooperation across all domains for the mutual benefit of the two countries and their peoples, the MEA said. "The leaders noted with particular satisfaction the significant progress made in negotiations towards an interim bilateral trade agreement and instructed their officials to work ...

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