He also said negotiations with India that began earlier this year still haven't resulted in an agreement - noting that the US had concluded deals with a slew of other partners
Officials in New Delhi pointed out that both sides continue to engage at an institutional level, including holding annual military exercises in Alaska in September
India and the United States will commence three-day talks on the first phase of their proposed bilateral trade agreement here from December 10, sources said. The visit is crucial as India and the US are working to finalise the first tranche of the pact. "The three-day talks will start on December 10. It will conclude on December 12, and it is not a formal round of talks," said one of the sources. The US team will be led by Deputy United States Trade Representative (USTR) Rick Switzer. This visit of the US officials marks their second trip since the imposition of a 25 per cent tariff and an additional 25 per cent penalty on Indian goods entering the American market due to the purchase of Russian crude oil. On September 16, the US officials last visited India. On September 22, Commerce and Industry Minister Piyush Goyal also led an official delegation to the US for trade talks. Goyal had also visited Washington in May. While the USA's chief negotiator for the pact is Assistant US
US President made the comments while administering oath of office to Sergio Gor as the new US Ambassador to India, and indicated progress in ongoing trade talks, suggesting tariff cuts could follow
New Delhi would seek a reciprocal US tariff of 20 per cent or less and a swift deal, fearing Indian exporters could fall further behind Southeast Asian rivals if negotiations drag on
External Affairs Minister S Jaishankar on Monday met US Secretary of State Marco Rubio here and discussed bilateral ties as well as regional and global issues, amid ongoing trade negotiations between the two countries. The meeting took place on the sidelines of the Association of Southeast Asian Nations (ASEAN) summit. "Glad to meet @SecRubio this morning in Kuala Lumpur. Appreciated the discussion on our bilateral ties as well as regional and global issues," Jaishankar said in an X post. The meeting came in the backdrop of the proposed bilateral trade deal between India and the US, which, according to an official, is "very near" to concluding. Five rounds of talks have been completed so far for the first phase of the bilateral trade agreement between India and the US. On Sunday, Jaishankar held separate talks with Malaysian Prime Minister Anwar Ibrahim, Singapore's Foreign Minister Vivian Balakrishnan and his Thai counterpart Sihasak Phuangketkeow. The 11-nation ASEAN is conside
Earlier, on October 3, Ambassador Kwatra met Congressman Greg Murphy, a Republican from North Carolina, and discussed recent developments in India-US relations
New Delhi seeks removal of penal tariffs on Russian oil purchases as Washington pushes soybean and corn sales, with both sides aiming to seal a trade pact by fall
External Affairs Minister S Jaishankar will meet US Secretary of State Marco Rubio here on Monday for bilateral discussions, as the high-level 80th session of the UN General Assembly (UNGA) kicks in. This will be the first face-to-face meeting between Rubio and Jaishankar following President Donald Trump's imposition of an additional 25 per cent tariff on India for Delhi's purchases of Russian oil, taking the total levies imposed on India by the Trump White House to 50 per cent. According to the daily schedule issued by the State Department on Sunday, Rubio will meet Jaishankar in New York City on Monday morning. They had last met in July in Washington DC for the Quad Foreign Ministers' Meeting. The bilateral meeting comes on the same day India and the US will hold discussions towards achieving an early conclusion of a trade agreement. A delegation led by Union Commerce and Industries Minister Piyush Goyal will meet with the US side on Monday in the city. "The delegation plans to t
CEA V Anantha Nageswaran said India and the US could resolve their tariff dispute within 8-10 weeks, as both sides hold talks and look to improve ties
New Delhi is now left with the surprise imposition of a 25 per cent tariff on Indian goods from Friday, along with unspecified penalties over oil imports from Russia
It's become urgent for New Delhi to make its case to Washington after being unexpectedly slapped with a 25% tariff, one of the highest in the region, facing further threats over its ties with Russia
While the higher tariffs for US markets are a big economic challenge, they also create opportunities for innovative solutions that may take India on a higher growth trajectory
India and the US teams have concluded the fifth round of talks for the proposed bilateral trade agreement (BTA) in Washington on July 17, an official said. The negotiations were held for four days (July 14-17) in Washington. "The Indian team is coming back," the official said. India's chief negotiator and special secretary in the department of commerce Rajesh Agrawal leads the team for negotiations. These deliberations are important as both sides are looking at finalising an interim trade deal before August 1, which marks the end of the suspension period of the Trump tariffs imposed on dozens of countries including India (26 per cent). On April 2 this year, US President Donald Trump announced these high reciprocal tariffs. The implementation of high tariff was immediately suspended for 90 days till July 9 and later till August 1 as America is negotiating trade deals with a number of countries. Issues related to agriculture and automobiles are learnt to have figured during the fif
India and the US are working to finalise an interim trade pact by fall 2025 as negotiators prepare for talks in Washington amid Trump's reciprocal tariff warnings
India is trying to negotiate and finalize a trade agreement with the US, Special Secretary in the Department of Commerce Rajesh Agrawal said on Thursday. Agrawal is also the chief negotiator of the proposed India-US bilateral trade agreement. The aim is to conclude the first phase of this pact by fall (September-October) of this year. Before that, the two countries are looking to finalise an interim trade agreement. Agrawal said that India has so far implemented more than 14 Free Trade Agreements (FTAs) with 26 countries. "Now we are integrating with major markets also... we just concluded an agreement with the UK, we are in an advanced stage of negotiations with the European Union, we are trying to negotiate and finalize a deal with the USA," he said here at an event on export logistics. India, he said, is also negotiating trade pacts with Latin American countries including Chile and Peru. "We have done (trade pact) with Australia and UAE. We are in negotiations with New Zealand
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
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
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
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