India, US reaffirm commitment to reach trade agreement as talks conclude
Officials said the sides made progress on goods, customs and trade barriers as a parallel U.S. tariff review remains a sticking point.
- Delegations from the United States and India concluded four days of trade negotiations in New Delhi on Thursday, signaling progress toward an interim bilateral agreement under President Donald Trump's administration.
- Officials discussed trade in goods, customs procedures, and economic security, describing the sessions as productive while work continues toward both an interim deal and a broader Bilateral Trade Agreement .
- US Ambassador to India Sergio Gor noted talks are in their final stages, while India's Commerce Minister Piyush Goyal suggested most aspects are settled, with discussions focused on final details.
- A parallel US review of tariffs under the Trade Act of 1974 creates uncertainty for 60 economies, including India; imports from countries without forced labour measures could face duties of up to 12.5%.
- Trump expressed optimism about finalizing a deal, calling Prime Minister Narendra Modi a "good friend," despite reiterating his criticism of India's "tremendous tariffs" on American goods.
24 Articles
24 Articles
Trump confident of India-US trade deal, calls Modi a ‘good friend’
President Trump is confident a trade deal with India will be reached, citing his good relationship with Prime Minister Modi, despite ongoing tariff.US India trade deal, Donald Trump Narendra Modi, trade agreement India, US trade policy India, tariffs on American goods, bilateral trade agreement, economic ties strengthening, Trump Modi friendship, trade negotiations optimism, India's tariff regime criticism, Oval Office trade talks, US delegation…
'Making A Lot Of Money': Trump Hails Tariff Move, Calls PM Modi 'Good Friend' While Hinting Trade Deal Is Near
US President Donald Trump on Friday claimed that India had “taken advantage” of the United States for years on trade, while asserting that the equation has now changed and Washington is “making a lot of money with India.”Speaking at the White House, Trump also signalled a possibl
Donald Trump has expressed the possibility of an imminent trade agreement between India and the United States. He praised Prime Minister Narendra Modi, saying that trade relations between the two countries have improved. Trump pointed out that India previously imposed heavy taxes on American goods, but that the situation has now changed.
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