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
With New Delhi set to assume the Brics chairmanship in 2026, India needs to differentiate itself from members like China and Russia, who are seeking to build the bloc as an opposition voice to the US
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 proposed US bill seeks harsh penalties on Russian oil buyers like India and China, aiming to choke Kremlin's war funding and compel an end to the Ukraine war
As trade tensions escalate under Donald Trump, India finds itself in the crosshairs once again. Donald Trump's proposed duties target two of India's biggest export sectors - pharmaceuticals and copper
With the end of the 90-day pause on the imposition of the so-called reciprocal tariffs and the US sending letters, a few things are now clear
Responding to the blowback, the White House softened its stance on April 9, imposing a 90-day pause and a uniform 10 per cent tariff on most imports, excluding China
Donald Trump unveils tariffs on 14 countries effective August 1; says US is nearing a trade agreement with India as part of broader reciprocal duties
Nearly half of India's population depend directly or indirectly on agriculture for livelihood. There are also concerns in India about genetically modified food items that the US wants to push
Any decision on granting access to maize from the US may send the ruling JD(U)-BJP-led coalition back to the drawing board in poll-bound Bihar, writes Sanjeeb Mukherjee
Equity investors are up for an eventful trading week ahead as the 90-day suspension period of the reciprocal tariffs announced by US President Donald Trump ends on July 9, analysts said, adding that a positive outcome from the trade negotiations could further lift market sentiment, particularly benefiting trade-sensitive sectors. Besides, Q1 earnings from IT major TCS and foreign fund movement would also dictate sentiment at the Dalal Street, experts said. July 9 marks the end of the 90-day suspension period of the Trump tariffs imposed on dozens of countries, including India. An additional import duty of 26 per cent was announced on Indian goods entering the US. "This week holds significant importance not only for Indian markets but for global equities as well. The most anticipated event is the outcome of the US trade (tariff) deadline on July 9, which could shape global trade dynamics. Investors will also closely monitor the release of the US FOMC (Federal Open Market Committee) .
The first phase of the India-US trade pact is ready and awaits Trump's approval, with a possible signing before the July 9 deadline to avoid additional tariffs on Indian goods
Rahul Gandhi targets PM Narendra Modi over looming US tariff deadline as India continues trade talks; failure to finalise a deal by July 9 could trigger 26 per cent duty on key Indian exports to US
Union Agriculture Minister Shivraj Singh Chouhan announces plans to adjust duties on apple imports to boost domestic production, while addressing concerns from J&K and Himachal Pradesh growers
India has proposed suspending trade concessions worth $723.75 mn in response to US safeguard tariffs on autos, even as an interim trade agreement nears finalisation
US President Donald Trump warned countries to strike deals before the deadline or face tariffs. His administration will start sending letters to trading partners outlining the tariffs they would face
Industry body Nasscom on Friday said it is launching the US CEO Forum in New York that would bring together leading Indian technology CEOs and influential US stakeholders to drive strategic dialogue across innovation, enterprise, policy, and talent development. In an era defined by digital disruption, frontier technologies, and global rebalancing, tech collaboration has emerged as a central pillar of bilateral engagement, spanning artificial intelligence, cybersecurity, quantum computing, digital public infrastructure, green energy, and resilient supply chains, the apex association for the IT industry said. The United States and India share one of the world's most strategic and future-facing technology partnerships, it further emphasised. "To further deepen this collaboration, Nasscom is launching the US CEO Forum at the Consulate General of India in New York on July 9, 2025. The Forum will bring together leading Indian technology CEOs and influential US stakeholders to drive ...
First tranche of bilateral trade pact likely in 2-3 days to avert higher US tariffs
Jaishankar had earlier met US Director of National Intelligence Tulsi Gabbard after which he said that they discussed the global situation and bilateral cooperation
Houston underlined the United States' aim of establishing a "fair and reciprocal" trade relationship with its partners, in line with the Trump administration's "America First" agenda