US EditionIndia's Exports Defy Tariffs, Strengthen Hand in US Trade Talks
India and the U.S. are nearing an initial reciprocal tariff deal focused on tariff removal after six negotiation rounds, officials said.
- This past week, Commerce Secretary Rajesh Agrawal said India and the United States are very close to finalising an initial trade agreement on reciprocal tariffs, with India offering a final deal but no deadline set.
- On the negotiations with the European Union, Mr. Agrawal said talks are at a final stage and the sides are gradually resolving remaining differences.
- On other fronts, Rajesh Agrawal said talks with the Eurasian Economic Union remain early, while negotiations with New Zealand and Chile advanced through formal rounds, and progress with Peru lags as of December 15, 2025.
- Every day India's negotiating teams are engaged on issues, and Rajesh Agrawal said formal rounds may pause but physical and virtual meetings will continue as the Free Trade Agreement is expected to be closed and finalised soon.
- If finalised, the interim framework would address reciprocal tariffs and support a full deal, with Rajesh Agrawal saying meetings reduce closure differences as negotiating teams expect progress.
11 Articles
11 Articles
Amid tensions with the United States, export signals from India remain positive. Indian exports to the United States increased significantly in November 2025 compared to October, reaching $6.98 billion, an increase of approximately 10.61%.
India's trade with the US holds up despite tariffs, as FTA deal nears
India has held onto its US export market despite tariffs, and the two countries appear to be making headway towards a new agreement. India’s overall trade deficit declined to a five-month low of $24.53bn in November, driven by a fall in gold, oil ,and coal imports according to government trade data. Exports rose to $38.13bn, from October’s $34.38bn, while imports fell to $62.66bn, from some $76bn. And despite the high US tariffs ... The post…
India and US 'very close' to interim deal to lower reciprocal tariffs : Commerce Secy
NEW DELHI : Commerce Secretary Rajesh Agrawal on December 15 said that government is “very close” to closing the initial framework deal with US to lower reciprocal tariffs. “We are very close on closing the initial framework deal but I don’t want to put a timeline to it,” Agrawal said during a briefing. “We have done six rounds of talks with the US where we have discussed both the BTA (Bilateral Trade Agreement) as well as an interim deal to low…
India holds firm in trade talks with the US as agriculture emerges as red line
India has once again drawn a clear boundary in its ongoing trade negotiations with the United States, refusing to open its vast agricultural market to American products despite mounting pressure from Washington. Government sources speaking on December 15 confirmed that New Delhi remains unwavering on agriculture, viewing the sector as inseparable from rural livelihoods, food security, and domestic political stability. While both sides continue t…
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- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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