Us Trade Deals

EU ready to implement Mercosur trade deal despite parliament vote to delay

The European Union is willing to implement a sweeping free trade agreement with the Mercosur group of South American countries on a provisional basis, the head of the EU's executive commission said Friday, despite a vote by the EU parliament to delay ratification for legal review. The EU would be ready to act as soon as at least one Mercosur country ratifies, European Commission President Ursula von der Leyen said at the conclusion of a summit of EU leaders in Brussels, where several national leaders raised the issue. "There is a clear interest that we ensure that the benefits of this agreement apply as soon as possible," von der Leyen said at a news conference. "In short, we will be ready when they are ready." No formal decision to implement the deal had been taken yet, she said. At the same news conference, Antonio Costa, head of the EU council of member governments, said the executive commission had the authority to move ahead on interim implementation. A decision to do that is

US, Taiwan reach trade agreement, slashing tariffs on Taiwanese goods

The United States and Taiwan reached a trade deal on Thursday that cuts tariffs on Taiwanese goods in exchange for USD 250 billion in new investments in the US tech industry. The deal is the latest President Donald Trump has struck such as those with the European Union and Japan since he unveiled a sweeping tariff plan last April to address trade imbalances. Trump also has a one-year trade truce with China to stabilise ties with the world's second largest economy. Trump initially set the tariff at 32 per cent on Taiwanese goods but later changed it to 20 per cent. The new agreement slashes the tariff rate to 15 per cent, the same as levied on other US trading partners in the Asia-Pacific region such as Japan and South Korea. In a statement, the US Department of Commerce said the deal with Taiwan would establish an economic partnership to create several world-class US-based industrial parks in order to help build up domestic production. The department described it as "a historic ..

Trump holds off new tariffs on critical minerals after security review

The president is floating price floors on imports - not just traditional percentage-based tariffs - to develop the supply chains for those materials that run through US-aligned nations

70% of Nifty 500 stocks in red in Jan 2026: What's next for Indian markets?

Indian stock markets start 2026 on a weak note, with 70 per cent of Nifty 500 stocks in red amid FII selling, global uncertainty, and tariff worries

Vaishnaw participates in critical minerals ministerial meeting hosted by US

Union Minister for Railway, Information & Broadcasting, Electronics and Information Technology, Ashwini Vaishnaw, participated in the Critical Minerals Ministerial meeting hosted by United States Treasury Secretary Scott Bessent on Tuesday (local time).Bessent convened a meeting of Finance Ministers at the United States Treasury to discuss solutions to secure and diversify supply chains for critical minerals, especially rare earth elements.In a post on X, the Secretary of the Treasury wrote, "At today's Finance Ministerial hosted by the @USTreasury, I was pleased to hear a strong, shared desire to quickly address key vulnerabilities in critical minerals supply chains. I am optimistic that nations will pursue prudent derisking over decoupling and understand well the need for decisive action."According to the US Department of Treasury, participants in the Ministerial included Treasurer of Australia, Jim Chalmers; Minister of Finance of Canada, Francois-Philippe Champagne; European

India missed trade deal window as PM Modi did not call Trump: Lutnick

India missed a crucial trade deal window with the US after PM Modi did not call President Trump, pushing New Delhi further back as Washington signed pacts with other countries

Nifty below 26,000: Key levels to watch and trading strategy ahead

Indian stock markets fell sharply on January 8, 2026, with Sensex down 730 points and Nifty below 26,000 amid US tariff fears. Analysts suggest support, resistance and strategy ahead for markets

UBS cuts rupee March forecast to 92, expects short-lived US deal relief

From near 90 per dollar levels currently, UBS's forecast implies a roughly 2 per cent depreciation over three months, well beyond the March ​forward rate that's near 90.55

India hired ex-Trump ally's lobbying firm for trade talks, US filings show

SHW Partners, led by Trump's former adviser Jason Miller, helped Indian diplomats set up meetings with US officials

Trade possibilities: Latest numbers should not distract policymakers

Strong November export growth offers relief, but trade uncertainty persists as India races to seal a deal with the US amid tariffs, capital outflows and rupee pressure

India-US trade talks: DPDP Act, Information Technology rules dominate

Washington considers specific provisions in the DPDP rules and IT Rules non-tariff barriers for its companies

India-US trade talks: Deputy USTR to lead team to India next week

Assistant USTR and the Chief Negotiator of the proposed India-US Bilateral Trade Agreement (BTA) negotiations Brendan Lynch, along with other senior officials from USTR

RBI steers away from aggressive intervention as rupee touches new lows

RBI is intervening mainly to smooth volatility rather than defend specific levels as the rupee hits fresh lows amid outflows and trade-deal uncertainty, with its forward position limiting room to act

US officials to visit India next week for bilateral trade talks: Report

A team of officials from the US is expected to visit India next week for talks on the proposed bilateral trade agreement, sources said on Thursday. The visit is crucial as India and the US are working to finalise the first tranche of the pact. "The team is likely to come next week. Dates are being finalised, and discussions are on," said one of the sources. This visit of the US officials would be the second after the imposition of a 25 per cent tariff and an additional 25 per cent penalty on Indian goods entering the American market for buying Russian crude oil. Earlier, the team had visited on September 16. On September 22, Commerce and Industry Minister Piyush Goyal also led an official delegation to the US for trade talks. He was accompanied by the then special secretary in the ministry, Rajesh Agrawal and other officials. Agrawal is now India's commerce secretary. The USA's Chief Negotiator for the pact is Brendan Lynch. The next week's visit would be important as Agrawal h

Rupee to rise from record lows, US trade deal key for recovery: Poll

US President Donald Trump's punitive 50 per cent tariff on Indian goods has soured sentiment among foreign investors, who have sold around $17 billion of Indian equities so far this year

Rupee breaches 90/$, down 5% this year; may continue downward 'crawl'

Uncertainty over US trade deal, FPI outflows, limited RBI intervention pushes rupee drop 5% vs $ in 2025

Rupee hits 90-mark against US dollar: Why, outlook and market strategy here

Dollar outflows from FPIs, trade deficit probably widening with export growth slowing down, and the trade deal with US is still not on the table are the three main reasons why the rupee is falling

India expects US trade deal by end of 2025 as most issues resolved: Report

The US imposed tariffs of up to 50% on imports from India starting in late August even as negotiations between the two countries continued

US trade deals multiply but are offering little certainty or durability

A wave of new trade agreements under Trump 2.0 offers concessions to Asian partners, but their executive-order nature leaves room for renegotiation and continued uncertainty

Govt refining FDI, FII norms as India-US trade deal progresses: Goyal

Goyal said the government is holding regular consultations to streamline FDI and FII processes, boost investor confidence and advance fair, balanced India-US trade deal