Commerce Minister Piyush Goyal said negotiations on the US trade deal are taking longer than expected due to a 50% tariff on Indian goods, while India continues to seek preferential market access
Why is India considering a sunset clause in its proposed US trade deal? Here's what the provision means and how it could help New Delhi navigate tariff uncertainty
India's policy calendar this week will track business activity, trade negotiations with the US and forex reserve trends amid global uncertainty
US Trade Representative Jamieson Greer is visiting India to take forward the discussions on the interim trade deal agreed to by Prime Minister Narendra Modi and President Donald Trump in February. "This week, Ambassador Jamieson Greer will travel to New Delhi, India, to meet with the Minister of Commerce and Industry of India, Piyush Goyal, and other senior Indian officials to discuss the historic US-India joint statement and the interim agreement as part of the broader US-India Bilateral Trade Agreement (BTA) negotiations," the office of the US Trade Representative said in a statement on Sunday. Trump and Modi met on the sidelines of the G-7 meeting in France last week where the US president said that India and the US were very close to finalising the trade agreement. Trump also called Modi a tough negotiator and highlighted the personal rapport he enjoyed with the Indian prime minister. The meeting between Greer and Goyal comes close on the heels of negotiator-level discussions o
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
Modi and Trump's G7 meeting suggested India-US ties are entering a more transactional phase, with trade and trust taking centre stage
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 received necessary approval from the US Federal Trade Commission (FTC) for the acquisition of the Lannett business.
"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
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
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 ...
Trump also offered condolences over the deaths of three Indian sailors in recent US military strikes
US Trade Representative Jamieson Greer will meet Commerce Minister Piyush Goyal to advance talks on the proposed India-US trade agreement
Greer is scheduled to visit India on June 23-24 for discussions aimed at finalising an interim trade agreement between New Delhi and Washington
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.
First face-to-face meeting since February 2025 comes as US president is expected to discuss Strait of Hormuz demining plans with allies
Low domestic consumption levels belie overcapacity allegations, says commerce ministry
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
A USIBC-Grant Thornton Bharat report highlights opportunities across LNG, crude oil and petrochemicals to deepen trade, investment and energy security ties
New Delhi wants a clear tariff advantage over competing economies and assurances against future Section 301 actions before implementing a trade agreement with Washington