India Us Trade News - Latest Updates & Headlines
India's will have a bi-lateral trade agreement with US in next few months: Morgan Stanley
New Delhi, April 16: India's potential trade deal with the US may take time, but it is more likely to happen in the next few months, and it could help India gain a share in the US market. However, a report by Morgan Stanley says elevated tariffs between the US and China may impact global growth and global trade.
India, US likely to ink first tranche of trade pact before Fall deadline
New Delhi, April 15: India and US are working to sign the first tranche of a Bilateral Trade Agreement (BTA) to bring down tariffs before the agreed timeline of the fall of 2025 as the the terms of reference for the pact have already been finalised.
There are both concerns and opportunities over reciprocal tariffs: Commerce Secretary
New Delhi, April 15: Commerce Secretary Sunil Barthwal on Tuesday said that reciprocal tariffs are both a challenge and an opportunity for India with the government negotiating a bilateral trade deal with the US.
Indian and American trade delegations to begin discussions on a Bilateral Trade Agreement this week
New Delhi, April 15: Indian and American trade delegations are set to begin discussions on a Bilateral Trade Agreement this week, according to sources.
India needs to expand its ambitions to consider FTA with US: Ashley Tellis
New Delhi, April 12: Ashley J Tellis, Tata Chair for Strategic Affairs and Senior Fellow, Carnegie Endowment For International Peace, said that India needs to expand its ambition to really consider at some point a greed trade agreement with the US. He noted that a remarkable change has taken place in Indian policy on trade agreements in recent years.
We never negotiate at gunpoint, Piyush Goyal on 90-day pause in US Tariffs on India
New Delhi, April 11: After US President Donald Trump hit the pause button on India's tariffs, Union Commerce Minister Piyush Goyal said that India will not be in a hurry and will negotiate what is in the interest of its people.
India handling reciprocal tariffs issue wisely with intent to hike trade with US by 2.5 times: Piyush Goyal
Mumbai, April 10: Union Commerce and Industry Minister Piyush Goyal on Thursday said that India is handling the US reciprocal tariff issue wisely, with a focus to increase its trade with the US by two and half times.
Discussions ongoing between India, US for expeditious conclusion of bilateral trade agreement: MEA
New Delhi, April 9: The Ministry of External Affairs (MEA) on Wednesday addressed the ongoing trade discussions with the United States, with spokesperson Randhir Jaiswal highlighting the efforts towards a mutually beneficial trade agreement.
India plans to seal trade deal with US by fall 2025: EAM Jaishankar
New Delhi, April 9: India is perhaps the only country which has reached an understanding with the United States to ink a bilateral trade agreement (BTA) by the fall of this year, External Affairs Minister S. Jaishankar said on Wednesday, as reciprocal tariffs came into effect with India facing 27 per cent tariffs.
India trying to negotiate bilateral trade agreement with US by fall, EAM Jaishankar responds to Trump Tariffs
New Delhi, April 9: External Affairs Minister (EAM) S Jaishankar spoke on Wednesday and responded to the debate over Tariffs imposed by US President Donald Trump. Speaking at the News 18 Rising Bharat Summit, Jaishankar said that India's strategy was clear and that it would engage with the United States on a bilateral trade agreement, which could conclude by the fall of this year.
India, US work on 'early conclusion' of trade pact
Washington, April 7: India and the United States on Monday said that they both wanted an "early conclusion" of a bilateral trade agreement.
Mutually beneficial India-US trade deal to limit tariff impact: Report
New Delhi, April 4: The direct impact of higher US tariffs on India looks fluid as of now and a mutually beneficial trade deal by the end of this year would limit the impact, a report showed on Friday.
US tariffs a chance to boost 'Make in India', empower MSMEs: PHDCCI CEO
New Delhi, April 3: Amid concerns over the US reciprocal tariffs, Ranjit Mehta, CEO of the PHD Chamber of Commerce and Industry (PHDCCI), said on Thursday that this is an opportunity for India for high-quality production and global expansion under the 'Make in India' and 'Atmanirbhar Bharat' initiatives.
Accha sila diya tune mere pyaar ka...: Raghav Chadha takes swipe at US imposing reciprocal tariffs on India
New Delhi, April 3: Aam Aadmi Party leader Raghav Chadha on Thursday took a swipe at the US imposing reciprocal tariffs on India and recalled lines of a popular Hindi number while stating that "Trump Tariff" could wreck the Indian economy.
Trump's order hikes duty on Indian goods by 27 per cent, India in touch with US on tariff issue
New Delhi, April 3: The executive order issued by US President Donald Trump has imposed an additional duty of 27 per cent on Indian goods entering the US and the Commerce Department carefully examining the implications of the order, the Piyush Goyal-headed Commerce and Industry Ministry said on Thursday.
India to review and assess the impact of US reciprocal tariff: MoS Finance
New Delhi 3 April: India will review and assess the impact of reciprocal tariffs, said Union Minister of State for Finance Pankaj Chaudhary on Thursday, reacting to the 27 per cent tariffs on Indian export to the US.
Pharma tariff exemption to boost India-US trade ties: IPA's Secretary General Sudarshan Jain
New Delhi, April 3: The Indian Pharmaceutical Alliance (IPA) on Thursday welcomed the exclusion of pharmaceuticals from US tariffs, with Secretary General Sudarshan Jain emphasising the deepening of India-US trade ties under the Mission 500 initiative, aiming to double bilateral trade to USD 500 billion.
Shashi Tharoor expresses concern over US tariffs' impact on India-US automobile trade
New Delhi, April 3: Following US President Donald Trump's announcement of tariffs, Congress MP Shashi Tharoor highlighted how the tariffs could affect the automobile sector, particularly the trade of automobile parts.
26 pc levy on imports from India in Trump's reciprocal tariffs
Washington, April 3: US President Donald Trump has announced a base-line rate of 10 per cent on all imports and higher individualised rates for dozens of countries that included 26 per cent for India, 34 per cent for China and 20 per cent for the EU.
Despite highest tariff differential of 9 pc, Trump tariffs will have minimal impact on India: Report
New Delhi April 2: With US President Donald Trump set to announce reciprocal tariffs later today, a report by Motilal Oswal suggests that its impact on India will be minimal.
Trump will address 'decades of unfair trade' with reciprocal tariffs
Washington, April 2: US President Donald Trump will seek to “address decades of unfair trade practices” with the announcement Wednesday of reciprocal tariffs that will be closely watched and studied around the world, including in India, said the White House.
India-US trade ties face complex tariff alignments: Report
New Delhi, April 1: While both India and the US are deeply interconnected through trade, investment, and strategic agreements, recent US tariff measures have introduced new complexities, as per a report.
India-US bi-lateral trade deal may include agriculture, automobiles, and pharma: Jefferies
New Delhi, April 1: The possible trade agreement between India and the United States could include key sectors such as agriculture, automobiles, and pharmaceuticals, says a report by Jefferies.
Cultural values won't allow India to accept US demand of allowing dairy products from cows fed animal remains: GTRI
New Delhi, April 1: The United States Trade Representative (USTR) has highlighted several trade and regulatory challenges in Monday's National Trade Estimate (NTE) Report, raising concerns over India's tariffs, non-tariff barriers, intellectual property policies, digital trade, and transparency.
India, US hold trade talks; to work towards negotiating first tranche of FTA
New Delhi, March 29: India and the United States held trade talks in New Delhi as part of efforts to negotiate the first tranche of a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA) by fall of 2025.
Sectoral expert-level engagements under proposed India-US BTA to start virtually in coming weeks
New Delhi, March 29: Representatives of India's Department of Commerce and the Office of the US Trade Representative held meeting in the national capital for four days beginning March 26 as a follow up to the two countries agreeing to expand bilateral trade to reach USD 500 billion by 2030, including through the conclusion of a Bilateral Trade Agreement (BTA).
India among some other emerging economies at risk of Trump tariffs, Fitch says
New Delhi, March 29: Trading partners of the US, particularly those emerging market economies where the tariff rates faced by US exporters exceed those charged on US imports, are at risk due to the Trump administration's impending reciprocity plans, Fitch Ratings said in a report.
India, US agree to finalise first tranche of bilateral trade agreement by fall 2025
New Delhi, March 29: In a bid to expand their bilateral trade to $500 billion by 2030, India and the US on Saturday concluded their talks in the national capital, broadly reaching an understanding to finalise the first tranche of the bilateral trade agreement (BTA) by fall 2025.
India, US discuss trade, defence
Washington, March 29: India and the US, on Friday, discussed trade just days ahead of President Donald Trump's reciprocal tariffs system kicks into effect.
India-US bilateral trade pact likely by year-end: NITI Aayog's Arvind Virmani
New Delhi, March 28: Bilateral trade between India and the US is likely to be signed by the end of the year, said Arvind Virmani, Member Niti Aayog, while releasing the government think tank's 'Trade Watch July -September 12 FY25' report.
FM Sitharaman discusses strengthening India-US business ties with US Chamber of Commerce CEO
New Delhi, March 27: Union Finance Minister Nirmala Sitharaman on Thursday met US Chamber of Commerce President and CEO Suzanne Clark to discuss the growing business ties between India and the United States.
Trump's auto tariff has limited impact on India, it may even open doors for auto component industry
New Delhi, March 27: The recent decision by U.S. President Donald Trump to impose a 25 per cent tariff on fully built vehicles (CBUs) and auto parts is expected to have little impact on India's automobile industry, according to a statement by the Global Trade Research Initiative (GTRI).
Very active and intense discussion going on between India, US at this time: Jaishankar
New Delhi, March 26: External Affairs Minister S Jaishankar said that India and the US had a "very open discussion" on trade and the result of that Prime Minister Narendra Modi and US President Donald Trump agreed to conclude bilateral trade agreement by fall this year.
Jaishankar, US Chamber of Commerce CEO Clark hold talks on deepening trade and investments
New Delhi, March 26: External Affairs Minister S Jaishankar held a meeting with US Chamber of Commerce President and CEO Suzanne Clark in Delhi on Wednesday and discussed deepening trade and investments, building resilient supply chains and strengthening strategic partnership between two nations.
India, US in process of taking bilateral trade negotiations forward: MEA amid tariff tussle
New Delhi, March 21: Amid tariff concerns, the Ministry of External Affairs on Friday said that India and the US are making significant strides in their bilateral trade negotiations, with the aim of expanding trade, enhancing market access, and reducing tariff and non-tariff barriers.
Priorities for Trump on tariffs have been Canada, Mexico, China, EU to some extent: ORF America Executive Director Dhruva Jaishankar
New Delhi, March 18: Observer Research Foundation (ORF) Executive Director Dhruva Jaishankar said on Monday that priorities for US President Donald Trump have been Canada, China, Mexico, European Union to some extent and noted that India has been a little exempt.
Potential India-US trade deal will iron out impact of Trump tariffs: Report
New Delhi, March 11: A potential India-US trade deal will iron out the impact of Trump tariffs, according to a report by Nirmal Bang Equities.
No commitment to US on reducing tariffs, talks still on: Govt
New Delhi, March 11: The Government has informed the Parliamentary Standing Committee on External Affairs that India has not made any commitment to reduce tariffs on goods imported from the US.
India-US trade deal likely to materialise by fall 2025: Morgan Stanley
New Delhi, March 11: A trade deal between India and the US would likely take some time but will materialise by the fall 2025, according to a Morgan Stanley report released on Tuesday.
PM Modi, US President Trump agree to push forward negotiations on multi-sector Bilateral Trade Agreement: Sources
New Delhi, March 8: Prime Minister Narendra Modi and US President Trump have agreed to push forward negotiations on a multi-sector Bilateral Trade Agreement (BTA), according to sources.