Tag: india us trade

100% U.S. tariff threat: Can India’s new trade deals reduce its dependence on America?

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100% U.S. tariff threat: Can India’s new trade deals reduce its dependence on America?

By Areena Arora and Gandla Sneha Published September 21, 2026 Prime Minister Narendra Modi with U.S. President Donald Trump in New Delhi on Feb. 25, 2020. (PTI Photo) As the Trump administration has repeatedly changed tariffs on Indian goods, New Delhi has been signing trade agreements at a rapid pace. But can these new markets…

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How petroleum products are boosting India’s export growth

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How petroleum products are boosting India’s export growth

A large cargo ship at an industrial port in New Mangalore, India. | Photo Credit: Wirestock Data released by the Ministry of Commerce and Industry on August 13, 2026, showed India’s exports gaining momentum, despite the ongoing war in West Asia, driven in particular by the growth in export of merchandise (goods). In July 2026,…

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Business

India’s balancing act to attract more investment from China, U.S. and boost trade

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India’s balancing act to attract more investment from China, U.S. and boost trade

The Indian government has over the last few months been walking a tightrope between maintaining its strategic objectives and encouraging more trade and investment from the two largest economies in the world — the U.S. and China  This balancing act has seen gradual and incremental relaxations in several long-held policies of the government — whether…

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Trade deal with India not far-off, but there are still gaps: U.S. official

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Trade deal with India not far-off, but there are still gaps: U.S. official

Washington DC The U.S. and India are not “far off” from finalizing an interim trade deal, but need to bridge some negotiating gaps, such as over discussions on pulses and the staging of tariff reductions, according to a U.S. official. “We’re not that far off from finalizing the interim trade deal, but some gaps remain,”…

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World

Scott Bessent Signals Possible Easing Of 25% Tariff On India As Russian Oil Imports Drop

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United States Treasury Secretary Scott Bessent hinted that there may be a path for the removal of the additional 25% tariff levied on Indian goods due to the reduction of the country’s oil purchases from Russia.  Calling Donald Trump’s tariff system a “huge success” to have Wahington’s way, Bessent told a Western media outlet, “Indian…

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Govt denies issuing any advisory to stop clean energy funding

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Govt denies issuing any advisory to stop clean energy funding

The New And Renewable Energy Ministry’s letter rattled solar manufacturers in the country. File (Image used for representation purpose only) | Photo Credit: M. Periasamy The Ministry of New and Renewable Energy on Sunday (December 7, 2025) said it had not issued any advisory to pause or halt new financing for the sector. The clarification…

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India-U.S. to increase energy trade in coming years: Commerce Minister Goyal says in New York

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India-U.S. to increase energy trade in coming years: Commerce Minister Goyal says in New York

Union Minister of Commerce and Industry Piyush Goyal delivers the keynote address at an event titled ‘Energy Security in a Shifting Global Landscape: Building Resilient Energy Markets Across Borders’, in New York, USA, on September 23, 2025. | Photo Credit: PTI India expects to increase its energy trade with the U.S. in the coming years,…

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Not closed to trade talks, but deal would not be ‘practical’ with 50% tariffs in place: Official

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Not closed to trade talks, but deal would not be ‘practical’ with 50% tariffs in place: Official

Image for representational purposes only. | Photo Credit: Getty Images The removal of the additional 25% tariff on India is not a prerequisite for trade negotiations to resume between India and the U.S., but a trade deal would not “be practical” if these tariffs were to remain, according to government sources. They added that while…

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India, U.S. committed to boost trade to $500 billion through strong agreement in next 6-8 months: Goyal

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India, U.S. committed to boost trade to 0 billion through strong agreement in next 6-8 months: Goyal

Union Minister of Commerce and Industry Piyush Goyal said India and the U.S. are committed to increasing bilateral trade to $500 billion and negotiating a “strong” trade agreement within the next 6-8 months. File | Photo Credit: ANI Piyush Goyal Goyal said once his U.S. counterpart takes charge, both countries will discuss the contours of…

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