US-India trade deal – Artifex.News https://artifex.news Stay Connected. Stay Informed. Wed, 27 May 2026 12:40:00 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://artifex.news/wp-content/uploads/2026/05/cropped-cropped-app-logo-32x32.png US-India trade deal – Artifex.News https://artifex.news 32 32 U.S. team to visit India on June 1-4 to ‘finalise the details’ of interim trade agreement https://artifex.news/article71029244-ece/ Wed, 27 May 2026 12:40:00 +0000 https://artifex.news/article71029244-ece/ Read More “U.S. team to visit India on June 1-4 to ‘finalise the details’ of interim trade agreement” »

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U.S. Trade Representative Jamieson Greer speaks with reporters at the White House in Washington, D.C., U.S. File
| Photo Credit: Reuters

A team of U.S. negotiators, led by U.S. Trade Representative Jamieson Greer, will be visiting India from June 1 to June 4 to “finalise the details” pertaining to the Interim Agreement between the two countries and take forward the negotiations on a broader Bilateral Trade Agreement (BTA), the Ministry of Commerce announced on Wednesday (May 27, 2026).

India and the U.S. issued a joint statement on February 7, 2026, agreeing on a framework for an Interim Agreement regarding reciprocal and mutually beneficial trade. The framework also reaffirmed the countries’ commitment to a broader Bilateral Trade Agreement (BTA) between the two countries.

Also Read | India, U.S. conclude ‘constructive’ in-person talks on trade deal, but no word on deadline

“In pursuance thereof, the Indian side visited Washington D.C. from 20-23rd April 2026 for in-person round of meetings with their U.S. counterparts,” the Commerce Ministry statement said. “To carry forward the discussions, the U.S. team led by the Chief Negotiator will be visiting India from 1-4th June 2026.”

“It is proposed to finalise the details of the Interim Agreement and take forward the negotiations under the broader BTA on multiple areas such as market access, non-tariff measures, customs and trade facilitation, investment promotion, and economic security alignment,” the statement added.

Also Read | India, U.S. looking at firming up trade deal soon

Uncertain outcome

Indian officials, including Commerce Minister Piyush Goyal, have in the past said that a deal would be possible only once details are clear on the tariffs the U.S. would be levying on India’s competitors.

The U.S. had in August 2025 imposed a total tariff of 50% on imports from India. In accordance with the joint statement of February 2026, the U.S. reduced this to 25% and was planning to further bring it down to 18%. 

However, later that month, the U.S. Supreme Court ruled that the legal mechanism used by U.S. President Donald Trump to impose the tariffs was invalid and so scrapped the tariffs.  

Explained | Where does the India-U.S. trade deal stand?

Mr. Trump then imposed a temporary 150-day tariff of 10% on all imports from all countries, which is set to expire on July 24. In the meantime, his administration also launched various investigations on the U.S. trade partners, including India, regarding alleged violations of human rights and fair trade practices. 

The U.S. Court of International Trade (CIT) on May 7 ruled against this 10% tariff, and blocked its application on the appellants — two companies and the state of Washington. However, this decision has been temporarily paused by a U.S. federal appeals court at the request of the U.S. government. 

“India’s approach is that we should get preferential market access, as was agreed to in the joint statement as compared to our competitors,” Mr. Goyal had told reporters on May 12.



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India-US: Very excited to invite India to join Pax Silica, says top official https://artifex.news/article70606570-ece/ Sun, 08 Feb 2026 05:23:00 +0000 https://artifex.news/article70606570-ece/ Read More “India-US: Very excited to invite India to join Pax Silica, says top official” »

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U.S. Under Secretary of State for Economic Affairs, Jacob Helberg, Secretary of State, Marco Rubio, and Special Assistant to the President of the United States.
| Photo Credit: Reuters

The U.S. has said it is “very excited” to have extended an invitation to India to join the Pax Silica initiative on supply chain security and will be soon signing with the Indian government, underlining there is “very positive momentum” in relations with New Delhi.

Highlighting the “great relationship” between U.S. President Donald Trump and Prime Minister Narendra Modi, Washington also stressed that India is probably the only other country on Earth to be able to “rival China” in terms of the sheer volume of its human talent. “We are very excited to have extended an invitation for India to join” Pax Silica, and “I’ll be travelling to India in just a couple weeks for a major signing with the Indian government,” Under Secretary of State for Economic Affairs Jacob Helberg told reporters on Friday (February 6, 2026).

The U.S. had last year in December launched ‘Pax Silica’, a strategic initiative to build a secure, prosperous, and innovation driven silicon supply chain—from critical minerals and energy inputs to advanced manufacturing, semiconductors, AI infrastructure, and logistics. The signatories are Australia, Greece, Israel, Japan, Qatar, South Korea, Singapore, the United Arab Emirates and the United Kingdom. India was not included in the initial group of countries for the Pax Silica initiative. 

Mr. Helberg added that while the Pax Silica was launched in December, and by January, the U.S. had “already had a meeting of the minds” around India joining Pax Silica. “And so we’re very pleased at the pace at which things have been moving in a very positive direction with our partners in India,” Mr. Helberg said during a briefing organised by the Washington Foreign Press Centre on the Critical Minerals Ministerial that the U.S. hosted last week.

 “India is also home to a large – very large mining and processing operations, which obviously holds great promise to make significant contributions to the supply chain ecosystem. And so there’s a lot of terrain in which we will be able to partner on with India,” he said.

Mr. Helberg further pointed out that outside of China, “India is probably the only other country on Earth to be able to rival China with respect to the breadth and depth of the sheer volume of young, technically trained talent, human talent.”  

“We view India very positively, and President Trump has a great relationship with [Prime Minister] Narendra Modi,” he added.

Also Read | India-U.S. framework strengthens ‘Make in India’ by opening new opportunities for farmers, says PM Modi

Mr. Helberg also said that “we’re very excited and very proud about the bilateral trade deal being concluded with India.” Mr. Helberg’s comment about the trade deal came just hours before India and the U.S. issued a joint statement announcing that the two sides have reached a framework for an Interim Agreement regarding reciprocal and mutually beneficial trade.  Under the agreement, India will eliminate or reduce tariffs on all U.S. industrial goods and a wide range of U.S. food and agricultural products, including dried distillers’ grains, red sorghum for animal feed, tree nuts, fresh and processed fruit, soybean oil, wine and spirits, and additional products.

According to the joint statement, the U.S. will reduce tariffs on Indian goods to 18%. U.S. President Donald Trump also issued an Executive Order removing the punitive 25% tariffs imposed on India for its purchases of Russian oil.  Mr. Helberg further said that India and the United States are two very large countries, with America by far the world’s largest economy and India the world’s largest country demographically and a very young country, very fast-growing economy. “So for us to align on things, it takes a little bit more work because of the sheer size of our countries,” he said, responding to a question on the role the U.S. envisages for India in Pax Silica and why the country was not initially included in the initiative.

During the briefing, Mr. Helberg spoke about the inaugural Critical Minerals Ministerial meeting hosted in Washington on February 4, 2026 by U.S. Secretary of State Marco Rubio. The ministerial brought together 55 delegations to explore ways to diversify and secure global critical minerals supply chains. External Affairs Minister S. Jaishankar participated in the ministerial and, in his remarks, “underlined challenges of excessive concentration and the importance of de-risking supply chains through structured international cooperation.”



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India committed to stop buying oil from Russia and get it from U.S., claims Trump as he cancels 25% punitive tariffs https://artifex.news/article70602826-ece/ Sat, 07 Feb 2026 15:01:00 +0000 https://artifex.news/article70602826-ece/ Read More “India committed to stop buying oil from Russia and get it from U.S., claims Trump as he cancels 25% punitive tariffs” »

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India has “committed” to stop buying Russian oil, and already taken “significant steps” towards it, said U.S. President Donald Trump, rescinding the 25% punitive tariffs imposed on India in August 2025. The startling claim, which was not denied by the government on Saturday (February 7, 2026), was made in an executive order issued simultaneously with the India-U.S. joint statement on an interim trade agreement framework, and appeared to be a condition for the removal of the punitive tariffs.

Mr. Trump also said the tariffs would return if India “resumes” oil imports from Russia, and that India would buy U.S. energy, which former Indian diplomats criticised, calling it “plain bullying” by a “hegemonic America”.

In a separate order, Mr. Trump said that any country engaging in trade with Iran will draw penalty tariffs, formalising a threat he had made in January on social media.

“India has committed to stop directly or indirectly importing Russian Federation oil, has represented that it will purchase United States energy products from the United States, and has recently committed to a framework with the United States to expand [defence] cooperation over the next 10 years,” said Mr. Trump explaining his decision to cancel the 25% tariffs levied on August 6 last year.

Also read: India-U.S. trade deal updates

‘U.S. official will monitor’

“I have determined that India has taken significant steps to address the [Russian issue] and to align sufficiently with the United States on national security, foreign policy, and economic matters,” he added, deputing Secretary of Commerce Howard Lutnick to “monitor” India’s compliance on Russian oil, and threatening to “reimpose” 25% duties if it did.

Mr. Trump’s orders and claims that India has already accepted his terms, put a dampener over the otherwise celebratory mood in government over hammering out a joint statement to work towards a trade agreement, and both the Ministry of Commerce and the Ministry of External Affairs refrained from commenting directly.

Slamming the U.S. for the conditional order, former Foreign Secretary Kanwal Sibal said that Washington was introducing “extraneous geopolitical issues” into the bilateral trade deal.

India-US ‘trade deal’: What does India gain from it?

‘Bullying tactics’

“India’s oil trade with Russia or trade with Iran have nothing to do with a bilateral trade deal with the U.S.,” Mr. Sibal, who was India’s Ambassador to Russia and France, told The Hindu. “Trump is toughening the U.S. position because he did not get satisfaction on [ensuring India stops buying Russian oil]… This is plain bullying,” he added pointing out that the U.S. itself is in talks with Iran.

“The U.S. is a hegemonic power, and has the power to enforce such conditions,” said former Ambassador to the EU and Nepal, Manjeev Puri. “India must always be alert to hegemonic reachouts given its worldview of a multipolar world and its own strategic autonomy,”he said, when asked if India’s diplomatic ties with other countries would be impacted as a result of the move.

Meanwhile, Mr. Trump’s order threatening tariffs for countries that “purchase, import, or otherwise acquire any goods or services from Iran”, added to the restrictions imposed by the U.S. on India, that already include stopping all India’s oil imports from Iran in 2019-2020, and sanctions from April 2026 if India continues to develop the Chabahar port.

“There is a huge disparity in India-U.S. bilateral trade which is roughly $120 billion as against India-Iran bilateral trade (non-oil) which stands at $3-4 billion,” said former Ambassador to Iran Gaddam Dharmendra explaining the government’s reasoning on reducing engagement with Iran. “On the whole, India’s calculus will be to wait out the outcome of U.S.-Russia and U.S.-Iran negotiations,” he said, referring to both the executive orders issued by Mr. Trump on Saturday.

At a press conference on the trade agreement, Commerce Minister Piyush Goyal repeatedly refused to comment on the issue of oil imports, deferring to the Ministry of External Affairs. When asked, the MEA spokesperson referred to his statement earlier in the week, that “diversifying energy sourcing in keeping with objective market conditions and evolving international dynamics” is at the core of the government’s strategy.

As The Hindu reported on Saturday (February 7, 2026) however, India’s crude oil imports from Russia have in fact dropped sharply, to a 38-month low in December 2025, and now make up only a quarter of India’s oil imports compared to a high of 40% in 2024. Imports from the U.S. grew nearly 31% over December 2024.

Published – February 07, 2026 09:38 am IST



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Farmers to approach Supreme Court against India-U.S. deal on poultry https://artifex.news/article67299994-ece/ Tue, 12 Sep 2023 17:37:52 +0000 https://artifex.news/article67299994-ece/ Read More “Farmers to approach Supreme Court against India-U.S. deal on poultry” »

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September 12, 2023 11:07 pm | Updated September 13, 2023 12:33 am IST – New Delhi

There are concerns that India-U.S. poultry deal would allow for chicken legs and liver (not popular in the U.S.) to be dumped in India. Photo: uspoultry.org

As India and the United States decided to end disputes over the import of poultry products and to reduce import tariffs on apples, almonds, chickpeas and lentils, farmers and traders associations have raised an alarm. They fear that the new agreements, signed when U.S. delegations headed by President Joe Biden were here for the G-20 meetings, will harm the interests of farmers and small and medium industries in the poultry sector.

There are concerns that the deal would allow for chicken legs and liver (not popular in the U.S.) to be dumped in our country, and that meat and bone meal poultry feed made of beef and pork would be used for the poultry (a widespread practice in the U.S.).

Talking to The Hindu, Poultry Federation of India’s president Ranpal Dhanda said his organisation will move the Supreme Court against the unilateral decision of the Union Government. “This agreement is against the interest of poultry farmers in the country. Tonnes of chicken legs will now be imported, rather dumped, into our country. We are also keen to know if the U.S. authorities will certify that pork or beef are not used in the poultry feed. Beef and pork consumption is a sensitive issue in the country,” he said.

Mr. Dhanda said the Centre is allowing big American companies to make profits at the cost of small and medium poultry outlets in the country. “They should protect the farmers here, not the American companies,” he added.

United States Trade Representative Katherine Tai had announced that both countries have agreed to resolve their last outstanding dispute at the World Trade Organisation and India has agreed to reduce tariffs on certain U.S. products, including frozen turkey, frozen duck, blueberries and cranberries (fresh or frozen or dried or processed). “These tariff cuts will expand economic opportunities for U.S. agricultural producers in a critical market and help bring more U.S. products to customers in India,” she had said.

K.V. Biju, national coordinator of Rashtriya Kisan Mahasnagh, said India had also agreed to reduce tariffs on chickpeas, lentils, almonds, walnuts, and apples. “The Samyukta Kisan Morcha (Non Political) had sent a letter to Prime Minister and Commerce Minister requesting them to stop decreasing import duty. We had urged them to increase import duty. But we expected the Narendra Modi-led government will surrender farmers interest at the G-20 summit,” he said.

Mr. Biju added that taking away the restrictions on the import of apples, almonds and pulses will harm the interests of farmers in Jammu and Kashmir, Himachal Pradesh and Madhya Pradesh. “By going back from earlier stand adopted at the WTO, the Centre is cheating other countries who fought with India on U.S. subsidies,” he said.

Partners in the Opposition INDIA bloc too had questioned the import duty reduction. They had also threatened protests against the decision.



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