Indo-us Talks

US, India push for trade deal after Trump strikes deal with Vietnam

The push comes as Trump announced an agreement with Vietnam that cuts US tariffs on many Vietnamese goods to 20 per cent from his previously threatened 46 per cent

Rajnath Singh, Hegseth discuss boosting Indo-US defence industry ties

Defence Minister Rajnath Singh on Tuesday spoke to US Defence Secretary Pete Hegseth and appreciated the "unwavering support" the US extended to India in its fight against terrorism. In their phone conversation, Singh and Hegseth discussed a wide range of issues -- from long-term cooperation in the defence sector, including training and military exchanges, to expanding industry collaborations. "Excellent discussion to review the ongoing and new initiatives to further deepen India-US defence partnership and strengthen cooperation in capacity building," Singh said in a social media post. "Conveyed my deep appreciation for the unwavering support extended by the US to India in its fight against terrorism. Looking forward to meet him at an early date," he said. The defence ministry said Singh and Hegseth agreed to further build upon the momentum of the "critical and mutually beneficial" partnership across all its pillars. "The two leaders discussed a wide canvas of issues ranging from

India, US race to finalise trade deal ahead of Trump's tariff deadline

Trade officials from India and the US met in New Delhi for about a week to discuss issues including greater market access, digital trade, customs rules and technical barriers to trade

India eyes multi-phase trade deal with US, interim pact likely before July

The talks are still ongoing and there's no clarity if the Trump administration has agreed to a three-stage process for a trade deal

India's retaliatory tariff plan may strain trade pact talks with US: GTRI

India's proposal to impose retaliatory import duty on certain US products in response to American tariffs on steel and aluminium could cast a shadow over ongoing negotiations for a trade agreement between the two countries, think tank GTRI said on Tuesday. The Global Trade Research Initiative (GTRI) said that if the US engages in consultations with India on the matter or withdraws tariffs, a resolution may be reached. Otherwise, India's retaliatory import duties could take effect in early June, potentially impacting US exporters and deepening trade frictions, it added. In a significant move targeting US safeguard duties on steel, aluminium, and their derivative products, India has formally notified the World Trade Organisation (WTO) of its intention to suspend trade concessions granted to the US. The proposed suspension of concessions could take the form of increased tariffs on selected US products. While India has not disclosed those items yet, in a similar move in 2019, it had ..

India offers steep tariff cuts to speed up trade pact talks with Trump

India has offered preferential access to nearly 90% of goods imported from the United States, including the reduced tariffs, one of the two officials said

India-US trade deal must address more on non-tariff barriers: SIA CEO

While tariff is important, the bilateral trade agreement between India and the US should focus more on non-tariff barriers, a top official of Semiconductor Industry Association said on Friday. India can have a higher share in the USD 600 billion semiconductor market if it plays the cards right, Semiconductor Industry Association (SIA) President and CEO John Neuffer said during a panel discussion at Global Technology Summit organised by Carnegie India. "As we think about our bilateral future and our cooperation within the BTA (bilateral trade agreement), we shouldn't over-index on the tariff piece of it. There's no doubt about it, that's really important, but more emphasis needs to be given to the non-tariff barriers. That's been talked about in Washington quite a bit. There's customs problems, there's siting regulations that need to be streamlined," Neuffer said. India and the US are holding discussions for a bilateral trade agreement (BTA) to rationalise import taxes in the ...

India seeks quick trade deal with US after Donald Trump pauses tariffs

India and the United States agreed in February to work on the first phase of a trade deal to be concluded late this year, with a view to reaching two-way trade worth $500 billion by 2030

India should reconsider negotiating a comprehensive FTA with the US: GTRI

India should reconsider negotiating a comprehensive free trade agreement (FTA) with the US as it could pose challenges to domestic sectors like agriculture, automobiles and pharmaceuticals, think tank GTRI said on Thursday. It cautioned that under trade pact with the US, many of Washington's demands such as weakening India's minimum price support system for farmers, allowing genetically modified food imports, lowering agricultural tariffs, changing patent laws to extend drug monopolies, and letting American e-commerce giants sell directly to consumers pose major risks. The risks include harm to farmer incomes, food security, biodiversity, public health, and the survival of small retailers, the Global Trade Research Initiative (GTRI) said. "Reducing tariffs on farm goods could affect the livelihoods of hundreds of millions, while slashing duties on cars could undercut a sector that accounts for nearly a third of India's manufacturing output. The collapse of Australia's car industry .

Pause on US tariffs a big relief; opens window for trade talks: Exporters

The 90-day deferral of reciprocal tariffs decided by the US has come as a major relief as it provides a crucial window for pushing the talks on the proposed bilateral trade agreement between India and America, exporters said on Thursday. They said that diplomatic engagement and fast-tracking negotiations for the trade pact will help India deal with these tariffs. "It is a good decision by the Trump administration. We have been assured by the commerce ministry that the agreement will be finalised at the earliest," Federation of Indian Export Organisations (FIEO) President S C Ralhan said. He added that the move reflects a strategic pause aimed at avoiding immediate economic fallout while allowing space for potential resolutions. "A huge relief to our exporters. The 90-day deferral of the reciprocal tariff provides a critical window for diplomatic engagement and trade negotiations," Ralhan added. Welcoming the USA's decision, Mumbai-based exporter S K Saraf said that Indian industry

Experts call for faster India-US trade talks to unlock market potential

India should accelerate discussions for the proposed bilateral trade agreement with the US as the deal could help secure preferential market access, improve investor protections, and encourage technology partnerships between the two countries, experts said on Monday. They also said that the pact is critical for India to address long-standing non-tariff barriers in sectors like chemicals, telecom equipment, and medical devices, which were explicitly flagged in the US tariff statement. Mutual Recognition Agreements (MRAs) for standards and testing protocols could be a strategic step forward in reducing regulatory friction and improving market access in these sensitive sectors, they added. Even though the new US tariffs might put short-term pressure on India's key export sectors, the broader strategic landscape offers significant long-term advantages, Rudra Kumar Pandey, Partner, Shardul Amarchand Mangaldas & Co, said. He said that India can leverage its differential tariff exposure,

India seeks to ease tariffs, woo Trump with early trade deal talks

New Delhi has promised to step up energy purchases from the United States to $25 billion in the near future from $15 billion last year

India in talks with US to buy combat vehicles, seal jet engine deal

Modi is preparing additional tariff cuts ahead of his meeting with Trump that could boost American exports to India and avoid a potential trade war, government officials said

India-US reaffirm commitment to secure digital connectivity, focus on AI

Discussions held in New Delhi highlighted areas of collaboration, including advancements in 5G and 6G networks, artificial intelligence, cross-border data flows, and promotion of Open RAN

India's electronics exports may dominate trade negotiations with US

India's electronics exports, driving over 62% trade surplus, to dominate US talks

India looking at bigger ambitions in trade with US, says Piyush Goyal

Two specific targets for this elevated engagement were semiconductors and defence production

India, US establish new trade group to build sustainable supply chains

The Trade Policy Forum, revived in 2021 after a gap for four years, will reconvene on a ministerial level before end of 2023

Treasury Secretary Yellen to visit India to deepen US-India economic ties

US Secretary of the Treasury Janet Yellen will visit India to participate in the US-India Economic and Financial Partnership on November 11 and discuss how the two countries can work together to deepen their economic ties, according to an official announcement here on Friday. In New Delhi, Yellen will highlight the strength of America's partnership with India, which continues to deepen, the Treasury said in a statement. Yellen will meet with technology sector leaders and visit the Microsoft India Development Centre, where she will deliver remarks on the United States' economic partnership with India, it said. She would also hold a bilateral meeting with Union Finance Minister Nirmala Sitharaman. Following the US-India Economic and Financial Partnership (EFP) dialogue, Yellen will join Sitharaman for a fireside discussion with executives from major Indian companies and American companies operating in India. To conclude the day, Yellen and Sitharaman will sign a joint statement on

Jaishankar hopes to have serious discussions on trade issues with Biden admin

There was fairly serious negotiation between India and the Trump administration on resolving the outstanding trade issues as well as to clinch a trade deal, External Affairs Minister S Jaishankar said

Bilateral, regional and global issues to figure in Indo-US 2+2 dialogue

The third edition of the two-plus-two dialogue between India and the US on October 27 will entail a comprehensive discussion on cross-cutting bilateral issues