India is preparing to send a senior-level trade delegation to Washington next week to engage in high-stakes negotiations with the United States, as both sides race to finalize a trade agreement before the August 1 deadline imposed by President Donald Trump. The move comes amid mounting pressure

External Affairs Minister S. Jaishankar has signalled that an announcement on the much-anticipated India-US trade deal could be made in the coming days. Speaking during an event in New York, Jaishankar remarked, “And I think we’ll have to watch this space for the next few days,” suggesting that both sides are in the final stages […]

A senior Indian delegation led by chief negotiator Rajesh Aggarwal is in Washington, DC, in a last-ditch effort to finalize a limited trade agreement with the United States ahead of the July 9 tariff deadline. The ongoing talks are being held under heightened urgency as the temporary 90-day suspension of reciprocal tariffs nears expiry. Without […]

India’s merchandise exports to the United States rose sharply in May, increasing by 16.9% year-on-year to $8.83 billion, while imports from the US declined by 5.8% to $3.62 billion. This dynamic helped narrow India’s overall trade deficit for the month. India–US Trade During April and May, India’s exports to America grew 21.8%, reaching $17.25 billion, […]

India has firmly rejected Washington’s “take-it-or-leave-it” trade demands, especially those seeking access to highly sensitive sectors such as agriculture, dairy, digital services, and medical devices. This assertive stance was conveyed during a recent round of trade talks held from June 4 to June 10, as the deadline for a 90-day tariff truce between the

The United States recorded a significant decline in its trade deficit for April 2025, falling to $61.6 billion from March’s steep $138.3 billion. This marks a sharp 55.5% drop, the largest monthly improvement in over a decade, and brings the deficit to its lowest point since September 2023. The primary factor behind this turnaround was […]

U.S. President Donald Trump has made a striking claim during a business event in Doha, stating that India has offered to eliminate tariffs entirely on American goods as part of a potential trade agreement. The assertion comes at a time when both countries are actively exploring options to recalibrate their trade relationship and resolve ongoing […]

India has formally proposed retaliatory tariffs on select U.S. products in response to Washington’s continued imposition of additional duties on steel and aluminium imports. The proposal was notified to the World Trade Organization (WTO) and marks a significant escalation in India’s trade posture against what it terms unjustified protectionist measures. The U.S. had

In a strategic effort to reduce its widening trade deficit with the United States, India is exploring the possibility of importing high-value commodities such as gold, silver, platinum, and precious stones from the American market. This move is aimed at narrowing the trade gap that stood at $34.75 billion between April 2024 and February 2025. […]

India and the United States are currently engaged in discussions to establish a structured framework to resolve ongoing tariff tensions. The talks come amid growing concerns from both sides regarding trade imbalances and rising import duties, especially as the U.S. signals the possibility of imposing retaliatory tariffs. India, U.S. Explore Trade Agreement Framework