US EditionIndian Team to Visit Washington Soon for Another Round of Tariff Talks with US
INDIA, JUL 9 – The US deferred a 26 percent additional tariff on Indian goods to August 1 to support ongoing bilateral trade negotiations, impacting $131.84 billion in trade in 2024-25.
- An Indian commerce ministry team led by Rajesh Agrawal returned from Washington earlier this month after concluding talks on a proposed trade pact.
- The return followed extended negotiations amid a US tariff imposition extended until August 1, targeting India with a 26 percent import duty on certain goods.
- Discussions have focused on a broad trade agreement and specific arrangements to resolve key bilateral issues, with both sides engaging actively through virtual and physical meetings.
- A government official stated on July 10 that an upcoming Indian delegation visit to Washington will advance negotiations on both interim and first phases of the bilateral trade agreement.
- The dialogue reflects a serious effort to finalize a mutually beneficial deal before the tariff deadline while US President Trump maintains tariffs as a negotiation pressure tactic.
26 Articles
26 Articles
India, Australia Trade Talks Hit Dairy, Wine Tariff Hurdles as Year-End Deadline Looms, Say Sources
NEW DELHI/CANBERRA, July 11 (Reuters) - India has rejected Australia's push for deeper tariff cuts on dairy and alcohol, hampering efforts to conclude the second phase of a trade pact by year-end, two Indian government sources said.
Explained: Why India is looking to finalise a US trade deal before Trump's August tariff deadline
India will send a high-level commerce ministry delegation to Washington next week for the next round of trade negotiations with the US as both sides push to resolve long-standing differences ahead of a fast-approaching US tariff deadline. The proposed bilateral trade agreement (BTA) which India hopes to finalise in phases has gained urgency after US President Donald Trump extended a suspension of additional duties on Indian goods until August 1,…
Indian team to visit Washington soon for another round of talks on tariffs with US, says govt officials
The aim is to conclude the first phase of this pact by fall (September-October) of this year. Before that, the two countries are looking to finalise an interim trade agreement
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