US EditionIndia Lays Out Phased Timeline for US Trade Deal
- On May 20, 2025, Indian Commerce Minister Piyush Goyal and U.S. Commerce Secretary Howard Lutnick met in New Delhi to advance the initial phase of the trade agreement negotiations between India and the United States.
- These talks follow early 2025 progress and a 90-day US tariff pause, with both sides aiming to conclude the deal by fall 2025 amid plans for a three-stage agreement.
- The discussions highlighted India's $41 billion trade surplus, efforts to remove tariffs and non-tariff barriers, and India's willingness to address sensitive sectors while protecting certain imports.
- Goyal confirmed positive talks with Secretary Howard Lutnick aimed at accelerating the initial phase of the India-US trade agreement, highlighting steady progress and shared commitment.
- The agreement aims to strengthen trade ties under 'Mission 500', targeting $500 billion bilateral trade by 2030, promoting growth, fairness, job creation, and supply chain resilience.
12 Articles
12 Articles
India seeks full 26% tariff exemption in trade deal with US: Report
The reciprocal duty, announced by the Trump administration on April 2, is currently suspended until July 9 under a 90-day pause meant to allow room for negotiations. The US’s baseline 10% tariff, however, remains in place.
Piyush Goyal meets Commerce Secretary Howard Lutnich to advance India-US trade deal
Goyal's visit to the US comes as New Delhi seeks to clinch a trade deal with the country within the 90-day pause on tariff hikes announced by US President Donald Trump on April 9 for major trading partners, including a 26 per cent tariff on India
Union Minister Piyush Goyal Meets US Commerce Secretary Lutnick, Advances India-US Trade Talks
Get latest articles and stories on World at LatestLY. Union Commerce and Industry Minister Piyush Goyal held productive discussions on Tuesday with US Commerce Secretary Howard Lutnick, focusing on expediting the first tranche of the India-US Bilateral Trade Agreement. World News | Union Minister Piyush Goyal Meets US Commerce Secretary Lutnick, Advances India-US Trade Talks.
Goyal In Washington To Push Trade Deal Forward - IndiaWest Journal News
India-West News DeskNEW DELHI – India and the United States are stepping up efforts to finalize a long-anticipated bilateral trade agreement, with Union Commerce and Industry Minister Piyush Goyal holding what he described as “productive talks” with U.S. Commerce Secretary Howard Lutnick during his ongoing visit to Washington.Despite occasional public friction — including Trump’s recent claim that India has offered to eliminate all tariffs on Am…
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