Modi and Trump spoke for 40 minutes on Tuesday, with American Ambassador to India Sergio Gor later indicating that the two sides are poised to conclude several "big-ticket" deals soon
An official delegation will visit Washington next week to hold trade talks with US authorities, an official source said on Wednesday. The bilateral meeting between the trade officials of the two countries holds immense importance as India and the US have finalised the framework for an interim trade agreement. The team will visit the US next week, the source said. The pact was initially slated for signing in March, but changes in the tariff landscape following a US Supreme Court ruling have altered the situation. Official sources have earlier stated that the agreement will be signed once the new global tariff architecture of America is in place. India and the US, in February, announced finalisation of a framework for the first phase of the bilateral trade agreement. According to that framework, the US had agreed to reduce tariffs on India to 18 per cent. However, the tariff architecture in the US has changed following its Supreme Court ruling against President Donald Trump's sweep
US envoy Sergio Gor teases 'big-ticket' deals, including on energy
This marked the first interaction between the two leaders since the initial round of peace talks in Islamabad failed without an agreement after nearly 21 hours of negotiations
Indian delegation to visit US capital to advance interim trade pact discussions as both sides seek clarity on tariffs and non-tariff barriers
The US on Thursday said it looked forward to hosting the Indian delegation here later this month to discuss the bilateral trade deal agreed to in February. US Ambassador to India Sergei Gor made the announcement of the Indian delegation's upcoming visit to Washington after a meeting with America's Trade Representative Jamieson Greer here. Gor, who is currently on a visit to the US, also met Treasury Secretary Scott Bessent and several other US officials. "Highly Productive meeting with @USTradeRep Ambassador Greer to discuss advancing @POTUS trade priorities in South and Central Asia," Gor said in a post on X. "The United States and India have previously agreed to a trade deal, and we look forward to welcoming an Indian delegation to Washington later this month," he said. The meeting comes a day after Foreign Secretary Vikram Misri launched the India-US Trade Facilitation Portal here as the two countries eye the USD 500 billion bilateral trade target. India and the US announced a
Foreign Secretary Vikram Misri on Wednesday launched the India-US Trade Facilitation Portal here as the two countries eye the USD 500 billion bilateral trade target. Misri, who is on a three-day visit to the US, launched the portal at a virtual event that was attended by India's Ambassador to the US Vinay Mohan Kwatra, and officials and trade representatives from the two countries. "It will serve as a bridge ensuring continuity and ensuring that existing supply chains are reinforced, and at the same time will enable new commercial linkages to emerge and grow," Misri said. Misri on Wednesday began his three-day visit to the US to meet with senior officials to review bilateral trade and defence relations and discuss global developments, including the crisis in the Middle East. Misri's visit comes as both the US and India work to stabilise the ties after a spell of uncertainty and strain. The relations witnessed a major downturn after Washington imposed punitive tariffs on New Delhi a
Government is considering fresh measures, including freight support, to help exporters manage rising costs and disruptions caused by the ongoing West Asia crisis, says Goyal
Commerce and Industry Minister Piyush Goyal on Thursday said India is looking at preferential market access for its products in the US and asserted that the country's relations with America are "very robust" with a deep strategic partnership across technology, defence, trade and investment. He said that India's trade pact with the US is "best" as compared to its competitor countries. "Our relations are very robust. We have a deep strategic partnership on several aspects, on technology, on defence, on trade and on investments, and our approach is that India should get preferential market access," Goyal told reporters here. The country, he said, is sitting on a "very sweet spot" in promoting trade with the US. "Being the world's fastest growing economy, India holds huge promise for investors who will continue to look at the India opportunity in greater numbers and greater value in the future," he added. On March 27, the minister held a meeting with the US Trade Representative Jamies
India and the US will continue efforts to finalise an interim trade deal, even as a USTR report flags high tariffs and non-tariff barriers
India and the US discussed next steps in bilateral trade deal negotiations on the sidelines of WTO MC14, amid evolving tariff policies and global trade uncertainties
At WTO MC14, the US seeks to make the e-commerce duty moratorium permanent, while India resists, citing revenue loss concerns and the need for policy space
India remains engaged with the US side for a mutually beneficial trade deal, says Commerce Secretary Rajesh Agrawal, as negotiations continue on tariff changes and non-tariff barriers
India will sign the trade pact with the US after Washington completes work on a new tariff architecture, Commerce Secretary Rajesh Agrawal said, adding there is no stand-off in the ongoing talks
The US and India are moving very close to finalising a critical minerals agreement, and a big announcement is expected in the next few months, American Envoy Sergio Gor said on Friday, asserting that the last few months have seen a "remarkable series of breakthroughs" in the US-India ties, including a new trade agreement. "I am very pleased to say that the US and India are moving very close to finalising a critical minerals agreement that will help secure the supply chains needed for advanced manufacturing, energy systems and emerging technologies. Stay tuned, but in the next few months, we expect a big announcement on that front," he said. Addressing the India Today Conclave 2026, Gor said the US and India are "paying close attention to each other" across governments and business communities and even across media. "And, that attention reflects something deeper, a partnership that is growing stronger, more visible and more consequential every year," the US Ambassador to India ...
The commerce ministry on Friday said India and the US remain engaged in discussions for a mutually beneficial bilateral trade agreement. The ministry has denied reports about a hold off on bilateral engagement. "We have noted a media report regarding ongoing trade talks with US. It is denied that there is any hold off in bilateral engagement. It is reiterated that the two sides remain engaged for a mutually beneficial trade agreement," the commerce ministry said in a statement. The remarks assume significance as the United States Trade Representative (USTR) on March 11 launched a fresh round of Section 301 trade investigations targeting policies and industrial practices of 16 economies, including India and China. Following a decision of the US Supreme Court striking down sweeping tariffs of the US administration, President Donald Trump has announced 10 per cent tariffs on all countries for 150 days from February 24.
New Delhi expected to sign an interim pact in March, but fresh US investigations and uncertainty over tariffs have slowed negotiations, government sources say
Complicating matters is a new US investigation into what it calls "structural excess capacity and production in manufacturing sectors" in 16 trading partners, including India
The US Trade Representative has launched an unfair trade practices probe into 60 countries, including India, alleging failure to block imports of goods produced using forced labour
Analysts believe Texas refinery deal could be a positive for Reliance given the current geopolitical environment; however, await for more clarity as the company is yet to issue an official statement.