Tag: India US Trade Deal

U.S. tariffs will have long-term effect on trade: Commerce Ministry to PAC

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U.S. tariffs will have long-term effect on trade: Commerce Ministry to PAC

The U.S. has imposed high tariffs, notably a 50% duty implemented in August 2025, which significantly impact India’s marine exports. File image used for representation. | Photo Credit: The Hindu The higher tariffs imposed on Indian goods by American President Donald Trump would have a long-term impact, especially for India’s marine exports, officials of the…

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India, U.S. agree to ‘intensify efforts’ towards early conclusion of a trade deal, says govt

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India, U.S. agree to ‘intensify efforts’ towards early conclusion of a trade deal, says govt

A team of officials from the office of the United States Trade Representative, led by the Chief Negotiator for the India-U.S. Bilateral Trade Agreement negotiations Brendan Lynch visited India on September 16, 2025.  File Photo: X/@USIBC Discussions between the negotiating teams of the U.S. and India on Tuesday (September 16, 2025) in New Delhi were “positive…

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Business

Time to make the hard choices needed to conclude trade deal: U.S.-India Business Council

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Time to make the hard choices needed to conclude trade deal: U.S.-India Business Council

The U.S.-India Business Council (USIBC) said on Monday (September 8, 2025) that the two countries have too much at stake in this era of rising geostrategic competition to abandon the progress made together. The Council applauded the recent positive remarks by President Donald Trump and Prime Minister Narendra Modi which “underscores the importance of safeguarding the strong…

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Business

India ‘bit recalcitrant’ on trade negotiations: U.S. Treasury Secretary Scott Bessent

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India ‘bit recalcitrant’ on trade negotiations: U.S. Treasury Secretary Scott Bessent

File picture of U.S. Treasury Secretary Scott Bessent. | Photo Credit: Reuters India has been a “bit recalcitrant” on trade negotiations with the US, Treasury Secretary Scott Bessent has said. “That’s aspirational,” Mr. Bessent said on Fox Business on Tuesday (August 12, 2025), responding to a question on wrapping up all the tariffs and trade…

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World

Trump tariff: US president says trade talks with India won’t happen ‘until we get it resolved’

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Trump tariff: US president says trade talks with India won’t happen ‘until we get it resolved’

U.S. President Donald Trump at the White House in Washington, D.C., U.S., on August 7, 2025. | Photo Credit: Reuters After doubling tariffs on India to 50% over Russian oil imports, U.S. President Donald Trump indicated that he may even pause trade talks between the two countries until the oil issue was ‘resolved’. Speaking to…

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Business

India–US trade deal: Trump wants call with PM Modi before final approval

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India–US trade deal: Trump wants call with PM Modi before final approval

File picture of U.S. President Donald Trump and Prime Minister Narendra Modi at the White House in Washington, D.C., U.S., on February 13, 2025 | Photo Credit: Reuters U.S. President Donald Trump has expressed his desire to speak with Prime Minister Narendra Modi before giving the final nod to the long-anticipated India-U.S. trade agreement, sources…

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Business

Rupee rises 17 paise to 86.24 against U.S. dollar in early trade

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Rupee rises 17 paise to 86.24 against U.S. dollar in early trade

Image used for representation purpose only. | Photo Credit: Reuters The rupee appreciated 17 paise to 86.24 against the U.S. dollar in early trade on Thursday (July 24, 2025), tracking the weakness of the American currency in the overseas market. Forex traders said uncertainty over the India-U.S. trade deal has been a huge overhang for…

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Business

Farmer groups to step up campaign against FTA with U.S.

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Farmer groups to step up campaign against FTA with U.S.

Rakesh Tikait, farmer rights activist and leader of Samyukta Kisan Morcha (SKM). | Photo Credit: Murali Kumar K. A general body meeting of the Samyukta Kisan Morcha (SKM) held in New Delhi on Sunday (July 20, 2025) has warned the Union government against going ahead with the proposed trade agreement with the United States. The…

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Business

Announcement of India-U.S. trade agreement has boosted biz confidence: Piyush Goyal

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Announcement of India-U.S. trade agreement has boosted biz confidence: Piyush Goyal

Union Minister of Commerce and Industry Piyush Goyal. File. | Photo Credit: PTI The announcement to negotiate a bilateral trade agreement between India and the U.S. has boosted business confidence in both countries, as it can help further strengthen economic ties by leveraging their competitive strengths, Commerce and Industry Minister Piyush Goyal said on Sunday…

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