Us India Trade News - Latest Updates & Headlines
US finds Indian capsule makers received subsidies, sets stage for duties
Washington, Dec 26: The US Department of Commerce has issued a final affirmative determination that producers and exporters of hard empty capsules from India received countervailable subsidies, a finding that could lead to the imposition of countervailing duties on Indian exports pending a separate injury ruling by the US International Trade Commission.
India's engineering goods exports record strong rebound in November at USD 11.01 billion: EEPC
New Delhi, December 25: Engineering goods exports recorded strong rebound in November 2025 after recording its sharpest fall in the previous month during the current fiscal year riding on a favourable base effect and a sharp jump in shipments to the United States and the European Union, said Engineering Export Promotion Council of India.
Trade deal crucial to deepen US-India economic ties: Keshap
Washington, Dec 23: The United States and India must conclude a long-pending trade agreement to unlock deeper economic integration and reinforce business confidence on both sides, Atul Keshap, President of the US-India Business Council (USIBC), said following a recent visit to India.
Policy support, digitalisation to keep India growth-resilient in 2026: Mastercard Economic Institute
New Delhi, December 22: India is expected to remain one of the fastest-growing major economies in 2026, supported by strong policy measures, favourable demographics and rapid digitalisation, even as growth moderates toward long-term trends, according to the Mastercard Economics Institute (MEI).
Strong fundamentals to keep India among fastest-growing major economies: Report
New Delhi, December 21: Structural drivers, such as digitisation, technological advancements and favourable demographics, may continue to position India among the fastest-growing major economies, according to the Economic Outlook 2026 released by the Mastercard Economics Institute (MEI).
India's GDP growth likely to touch 7.5 pc in FY26: Report
New Delhi, Dec 22: India's GDP growth is expected to grow 7.5 per cent in FY26 and 7 per cent in FY27, a report said on Monday, adding that 8.3 per cent nominal GDP growth is likely this fiscal.
Trump puts tariffs at the heart of US economic policy
Washington, Dec 18,: US President Donald Trump asserted that tariffs will remain a central pillar of his economic policy, a stance that could complicate trade ties with several nations as Washington presses companies to shift manufacturing to the United States.
Cautious recovery in India-US ties after 2025 'wobbles', says expert (IANS Interview)
Washington, Dec 18: India's relationship with the United States in 2025 has been marked by early diplomatic momentum, followed by trade-related friction and geopolitical disagreements, but is now stabilising as both sides look ahead to a potentially more productive 2026, a senior US-based India expert has said.
Indian rupee likely to bounce back strongly in 2nd half of next fiscal: SBI report
New Delhi, Dec 17: Geopolitical uncertainties driven by the delay in the India-US trade deal have been the single-most important reasons for the rupee sliding against the US dollar, an SBI Research report said on Wednesday, adding that the rupee is likely to bounce back strongly in the second half of the next fiscal.
Risk to current account dynamics likely to moderate amid recovery in one-off import shocks: Report
New Delhi, December 17: Driven by commodity price volatility amid the persistence of the US-India trade deal stalemate, the risk to current account (C/A) dynamics is likely to moderate, as one-off import shocks ease. According to a Union Bank of India report, with the India-US bilateral trade agreement nearing finalization, potentially by late December of this year, exports could gain by cutting tariffs from 50 per cent to 15-16 per cent. However, the near-term impact may be limited. The deal is expected to strengthen India's export base over time, partially offsetting pressures on the trade balance in the quarters ahead.
India's efforts to diversify trade across geographies and sectors is paying off: Commerce Secretary
New Delhi, December 16: India's Commerce Secretary Rajesh Agrawal said that the country's export performance showed strength even when the world faced economic challenges.
Rupee depreciation influenced by multiple factors, including US trade pact developments: Minister
New Delhi, Dec 16: The depreciation of the Indian rupee during the current financial year 2025-26 has been influenced by the increase in trade deficit and likely prospects arising from the ongoing developments in India’s trade agreement with the US, amid relatively weak support from the capital account, the Parliament was informed on Tuesday.
Rupee records another low, nearing 91 over FPI outflow, US trade deal uncertainty
New Delhi, December 15: About a fortnight after breaching the 90 mark, the Indian Rupee is inching towards 91, hitting a fresh all-time low. At the time of filing this report, the Rupee was trading at 90.904 per US dollar, with an intraday high of 90.957, just shy of 91.
Indian envoy, US Senator discuss deeper engagement in energy, technology, innovation
Washington, Dec 11: India's Ambassador to the US Vinay Mohan Kwatra held a meeting with US Deputy Secretary of the Senate Democratic Conference and member of the Senate Foreign Relations Committee Senator Brian Schatz and discussed deeper engagement between the two nations in energy, technology and innovation.
US policy oscillates between confrontation and conciliation, especially for India, China
New Delhi, Dec 11: From oil to rice, the United States refuses to accept any trade that can even hypothetically affect "MAGA" interests. A punitive tariff has already been imposed on India for purchasing "sanctioned" Russian oil, taking the total "reciprocal tariff" up to 50 per cent for several commodities.
India is one of the fastest-growing major economies: US Representative Bill Huizenga
Washington, DC, December 11: US Representative Bill Huizenga highlighted the expanding economic and strategic dimensions of the India-US partnership, emphasising the growing interest of American businesses and the need for deeper cooperation to uphold stability in the Indo-Pacific.
Putin-PM Modi selfie speaks thousand words, says US representative
Washington DC, December 11: US representative Sydney Kamlager-Dove while talking about the famous car selfie of Prime Minister Narendra Modi with Russian President Vladimir Putin said that it spoke a thousand words.
Higher tariff on Indian rice will burden US consumers, India looking for new markets: Experts
New Delhi, December 9: The Indian Rice Exporters Federation (IREF) has said that the impact of US tariffs on rice imports from India is likely to be passed on to American consumers, reflecting the product's essential nature in the consumer basket.
US trade chief calls India talks as 'best offers ever received'
Washington, Dec 10: The United States is pushing ahead with intensive trade negotiations with India, with US Trade Representative Jamieson Greer telling lawmakers that New Delhi has made “the best we’ve ever received as a country†in ongoing discussions aimed at expanding market access for American farm products, including grain sorghum and soy.
Sensex, Nifty end lower amid profit booking
Mumbai, Dec 9: Indian stock markets ended lower on Tuesday as investors booked profits after the recent rally, leading to a broad dip across major indices.
LT Foods drops over 6.5 pc, other Indian rice stocks also slide
Mumbai, Dec 9: Shares of leading Indian rice companies fell sharply on Tuesday, after US President Donald Trump hinted that he may impose fresh tariffs on agricultural imports, specifically targeting Indian rice and Canadian fertilisers.
Trump links tariffs to new farm aid, flags Indian rice imports
Washington, Dec 9: US President Donald Trump unveiled a multi-billion-dollar farm relief package while sharpening his criticism of agricultural imports from India and other Asian suppliers, telling a White House roundtable that tariffs would be used aggressively to protect American producers.
Sliding rupee not a sign of weakness, driven by global uncertainty: SBI Research
New Delhi, Dec 4: The rupee may have slipped past the psychological barrier of 90 against the US dollar, but this slide is not a sign of weakness, a new SBI Research report said on Thursday.
Rupee to strengthen once US trade deal concluded, says FICCI President
New Delhi, December 3: The Indian Rupee's recent depreciation against the dollar is temporary and will reverse once India concludes a trade agreement with the United States (US), according to Anant Goenka, Vice Chairman of RPG Group and President of the Federation of Indian Chambers of Commerce and Industry (FICCI).
Rupee touches fresh low, inches towards 90; gold, silver bull run continues
New Delhi, December 2: The Rupee's depreciation continued on Tuesday, with the Indian currency touching a fresh record low and inching steadily towards the 90 mark.
India in talks with 50 nations on fair trade deals: Piyush Goyal
New Delhi, Nov 28: Commerce and Industry Minister Piyush Goyal said on Friday that India is currently engaged in discussions on fair and balanced trade deals with 14 countries or groups representing nearly 50 nations, including the United States, the European Union, GCC countries, New Zealand, Israel, Eurasia, Canada, South Africa and the Mercosur group.
Indian Ambassador meets experts at conservative think tank in Washington
Washington, Nov 20: India’s Ambassador to the United States Vinay Kwatra on Thursday met experts and analysts from the conservative think tank, the Heritage Foundation, in Washington.
India's current account deficit expected to rise to 1.7% of GDP in FY26 due to persistent tariff pressures: Union Bank Report
New Delhi, November 19: India's current account deficit (CAD) is expected to rise to 1.7 per cent of GDP in the current financial year FY26, higher than the bank's earlier projection of 1.2 per cent, according to a report by Union Bank of India.
Piyush Goyal says no hiatus in partnership with US, good news on trade deal when right balance reached
New Delhi, November 18: Union Commerce and Industry Minister Piyush Goyal on Tuesday said there is "no pause or hiatus" in the relationship with the United States which is very strategic for both countries and that there will be "good news" on the Bilateral Trade Agreement (BTA) as and when "right balance" is reached.
Hardeep Puri recalls his time in Tokyo as young diplomat
New Delhi, November 17: Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Monday recalled his time at the Indian embassy in Tokyo, Japan, where he lived along with his wife and daughter.
White House economic advisor says India trade deal could come 'soon'
Washington, Nov 18: White House economic adviser Kevin Hassett on Monday said that the trade agreement with India could materialise “soon.â€
First tranche of US-India trade deal is near closure: Commerce Secretary
New Delhi, November 17: India remains engaged with the United States on the proposed Bilateral Trade Agreement (BTA), and the first tranche of the deal, focused on addressing reciprocal tariffs, is now "near closure", Commerce Secretary Rajesh Agrawal said on Monday while releasing the October trade data.
Indian PSU oil companies secure 'historic' deal to import 2.2 MTPA LPG from US: Puri
New Delhi, Nov 17: In a key development, Indian public sector oil companies have finalised a deal for imports of around 2.2 million tonnes per annum (MTPA) LPG for the contract year 2026, to be sourced from the US Gulf Coast, Petroleum and Natural Gas Minister Hardeep Singh Puri said on Monday.
Trade talks with US have moved on quite well, says USISPF President
New Delhi, November 16: Mukesh Aghi, President and Chief Executive Officer of the US-India Strategic Partnership Forum, said that trade negotiations have moved on well with the US.
India may gain slight edge as US exempts several agri products from reciprocal tariffs: GTRI report
New Delhi, November 15: India is expected to gain a small edge as the US administration has exempted agricultural products from the reciprocal tariffs it had imposed on several countries, said trade think tank GTRI.
Proposed new US bill targets outsourcing, threatens India's IT engine: GTRI
New Delhi, November 14: A new US bill targeting outsourcing could sharply disrupt India's USD280-billion IT, BPO and Global Capability Centre (GCC) industry, which earns over 60 per cent of its revenue from the American market, the Global Trade Research Initiative (GTRI) has warned.
US signals positive developments in trade talks with India
By Reena Bhardwaj, Washington, DC, November 14: The US has indicated that trade negotiations with India are advancing, with a senior administration official describing "a lot of positive developments" in recent discussions between the two countries.
Volatility rules Indian stocks on Thursday, closed flat on profit booking
New Delhi, November 13: Indian stock indices settled the Thursday trade largely steady, after witnessing a rollercoaster session, with intraday highs and lows around 600 points apart.
Trade talks: Donald Trump sends positive signals on US-India relations
New Delhi, Nov 13: US President Donald Trump has sent positive signals on strengthening US-India relations this week, raising fresh hopes that a bilateral trade agreement between the world’s two largest democracies could be signed soon.
Indian rupee expected to trade in 88.5‑89 per dollar range till Nov end: Report
Mumbai, Nov 12: The movement in the dollar and progress in the US‑India trade negotiations will determine the Indian rupee's direction in November, a report said on Wednesday, adding that rupee will trade in the range of 88.5–89 per dollar till month end.