India-US Trade Talks Start on Positive Note
Trade negotiations between India and the United States have resumed in New York, and sources describe the initial rounds as “encouraging.” The renewed engagement comes after months of tension over tariffs and energy policy.
Key Players at the Table
India’s Commerce Minister Piyush Goyal and senior officials, including lead negotiator Rajesh Agrawal, are participating in the discussions. The U.S. side is led by the Office of the U.S. Trade Representative.
Agenda and Issues
Among the topics expected to come up: the U.S. 50% tariffs imposed in response to India’s Russian oil imports, market access for goods and services, and rules for skilled worker mobility, including the contentious H-1B visa regime. India plans to press for concessions for its IT workforce.
Larger Strategic Context
The talks are seen as a stepping stone toward holding the Quad summit later this year, with the U.S. likely to attend if trade tensions ease. Analysts suggest both sides aim to find middle ground before broader geopolitical gatherings.
Challenges Ahead
While the opening is positive, major hurdles remain. India is unlikely to concede on sensitive sectors like agriculture and dairy. The U.S. will push for deeper access in both goods and services. Achieving balance will require careful diplomacy and compromises.
